• © Goverland Inc. 2026
  • v1.0.1
  • Privacy Policy
  • Terms of Use
SturdySturdyby0xFd1D36995d76c0F75bbe4637C84C06E4A68bBB3asturdyfi.eth

[SIP-007] KPI-based liquidity mining

Voting ended over 2 years agoSucceeded

Motivation While the first iteration of Sturdy’s liquidity mining program decreased interest rate volatility, TVL has remained fairly constant. To improve TVL growth, this proposal suggests tying liquidity mining rewards to TVL milestones.

Proposal At the conclusion of the current 60 day emissions epoch, $STRDY emissions per second will initially be set to the following: USDC: .06 DAI: .01 USDT: .01 ETH: .08

Every 7 days, the average TVL will be calculated for the previous 7 days. Based on this average, the following multipliers will be applied to all $STRDY rewards earned during that 7 day period: <$26m: no multiplier $26m-$29m: 1.1x $29m-$32m: 1.2x $32m-$35m: 1.3x $35m-$38m: 1.4x >$38m: 1.5x

This program will run for 9 weeks (63 days).

Off-Chain Vote

Approve
114.29K STRDY100%
Reject
0 STRDY0%
Quorum:114%
Download mobile app to vote

Discussion

Sturdy[SIP-007] KPI-based liquidity mining

Timeline

May 18, 2023Proposal created
May 18, 2023Proposal vote started
May 21, 2023Proposal vote ended
May 07, 2024Proposal updated