SIP-43: Add L2DAO-USDs farm to the SPA Gauge

Voting ended almost 3 years agoSucceeded

Author: Layer2DAO protocol core team Reference: https://www.layer2dao.org/, https://docs.layer2dao.org/ Created: April 24, 2023 Labels: #Liquidity-mining

Simple Summary

Layer2DAO offers to add the Demeter farm L2DAO-USDs (Camelot) to the SPA Gauge.

Motivation

Adding L2DAO-USDs to the SPA Gauge will support the liquidity mining of L2DAO, provide utility for USDs, increase Sperax TVL, and reward SPA stakers.

Overview

Layer2DAO is creating a L2DAO-USDs farm on Demeter which will be launched soon. We plan to support SPA stakers with L2DAO bribes and thus propose to add the farm to the Gauge to foster L2DAO liquidity, increase Sperax TVL, and drive revenue to Sperax USD protocol and SPA stakers.

Technical Specification

Add to the Gauge the farm L2DAO-USDs launched on Demeter

Voting

For

Add L2DAO-USDs farm to the Gauge

Against

Don’t add the farm to the Gauge

Off-Chain Vote

For

459.04M veSPA100%

Against

122.45K veSPA0%

Quorum:230%

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Timeline

Apr 30, 2023Proposal created

Apr 30, 2023Proposal vote started

May 03, 2023Proposal vote ended

Sep 17, 2025Proposal updated