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SushiSushiby0x285b7EEa81a5B66B62e7276a24c1e0F83F7409c10xMaki.eth

Incentives on Polygon & xDai

Voting ended almost 5 years agoSucceeded

Followup proposal to https://forum.sushi.com/t/proposal-add-sushi-incentives-on-polygon-market/3984

Sushi team was able to lock in 15m$ in incentives from the Polygon foundation to bring more liquidity we need to decide how we will match it?

We have 2 solutions

Leverage some of the sleeping treasury (currently over 200m$)

Use the emissions directly by lowering the incentives of some pairs at the core team discretion.

We were also able to secure 1m$ in incentives from xDai which is another network where we are currently deployed fostering more liquidity and users on these various networks are key in establishing Sushi a go-to DEX on various locations with all the revenues accruing to xSushi holders.

Maki Opinion: This is only the first phase of incentives for cross-chain similarly to Bonsai it is WAY harder to bridge emission and for simplicity/fast execution we should just leverage the treasury this time until we have a proper technical solution in place and with the upcoming oSushi changes we will be able to direct theses emissions at will on various LP pairs - products of Sushi.

Off-Chain Vote

Incentivize with Treasury
64.61K 90.4%
Divert Emission
6.82K 9.5%
Negative Chef
47.07 0.1%
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Timeline

May 06, 2021Proposal created
May 07, 2021Proposal vote started
May 08, 2021Proposal vote ended
Aug 19, 2024Proposal updated