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Stake DAOStake DAOby0x464a70170d0469b5b325e4FBA0386133509e615f0x464a…615f

How should we distribute the rewards from yield farming EPS?

Voting ended almost 5 years agoSucceeded

The Herd has voted to do the following for each weekly airdrop.

  1. Claim now, burning 50% and lock for 3 months to yield farm EPS & BUSD.
  2. Use 75% of the farmed rewards (EPS and BUSD) to compound yield farming (locked for 3 months) whilst selling 25%.

We must now determine the following:

How should we distribute the 25% of yield farming rewards (EPS and BUSD) that will be sold?

Option 1:

  • Use 100% to buy SDT - distribute 70% to sdveCRV holders and gift 30% to The Sanctuary.

Option 2:

  • Use 100% to buy SDT - distribute 50% to sdveCRV holders and gift 50% to The Sanctuary.

Option 3:

  • Use 100% to buy CRV - deposit into the Perpetual Passive Strategy to boost all the Curve strategies on Stake DAO.*

Option 4:

  • Use 70% to buy SDT - distribute 50% to sdveCRV holders and gift 50% to The Sanctuary.
  • Use 30% to buy CRV - deposit into the Perpetual Passive Strategy to boost all the Curve strategies on Stake DAO.*
*sdveCRV will not be staked in governance, therefore, will not dilute returns for sdveCRV holders.

Off-Chain Vote

Option 1
70.04K 12.7%
Option 2
48.44K 8.8%
Option 3
783.34 0.1%
Option 4
430.8K 78.3%
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Timeline

Mar 31, 2021Proposal created
Mar 31, 2021Proposal vote started
Apr 04, 2021Proposal vote ended
Oct 26, 2023Proposal updated