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Stacker VenturesStacker Venturesby0xC77c0e37cA5EC76d25C853F7e8D71E6C535d80480xC77c…8048

Should 25,000 STACK be used for incentives in the upcoming Polygon launch?

Voting ended almost 5 years agoSucceeded

Gas prices on Ethereum L1 continue to bar users from participating in DeFi, and Stacker Ventures is excited to be launching an Active Yield Fund on Polygon. Though the launch of Active Yield Funds on Ethereum L1 provides savings over yield farming with many automated yield aggregators, staking and claiming STACK still requires significant gas.

A USDC Active Yield Fund will be launched and STACK will be bridged to Polygon.

In the interest of supporting the launch on Polygon, the DAO Council proposes withdrawing 25,000 STACK to be used as rewards for participants in the USDC AYF as well as liquidity providers.

Off-Chain Vote

Yes
12.61K 100%
No
0 0%
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Timeline

Apr 30, 2021Proposal created
Apr 30, 2021Proposal vote started
May 02, 2021Proposal vote ended
Oct 26, 2023Proposal updated