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SpaceSwapSpaceSwapby0xB047e5845cE7c26C915A5b4861d990f61B77e4a40xB047…e4a4

Single staking for SHAKE, replacing airdrop or “milk send” entirely

Voting ended about 5 years agoSucceeded

Objective:

To enable single staking for SHAKE, replacing airdrop or “milk send” entirely

Benefits:

  1. To incentivise SHAKE holders to hold while earning rewards without Impermanent Loss
  2. To encourage of milk2 burning via blender
  3. To enable holders to be informed of the rate of rewards real-time accurately
  4. To enable rewards correspond to number of SHAKEs staked rather than multiplier of SHAKEs (1x, 4x, 8x)
  5. Other benefits of holding SHAKE’s remains

Proposed details:

We propose single staking SHAKEs reward rates to be at approx. 1/4 or 25% of other “LP Paired” pool. Other competitors’ comparison as at 17.03.21 10.09pm as per below:

Single Stake | Pairs LP (to Network Native Coins ETH/BNB) Bake – 22% | 116% (19%) Egg – 204% | 672% (30%) Bifi – 47% | 269% (17.4%)

Note: the above is provided just for example and does not represent the true multipliers. This very much depends on rewards allocation, size of pool, and tvl of the respective staked tokens.

Off-Chain Vote

Yay, I Agree
21.68K 100%
Nay, I Don't Agree
0 0%
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Timeline

Mar 19, 2021Proposal created
Mar 19, 2021Proposal vote started
Mar 21, 2021Proposal vote ended
Oct 26, 2023Proposal updated