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Swivel DAOSwivel DAOby0x3f60008Dfd0EfC03F476D9B489D6C5B13B3eBF2Ctraversa.eth

SIP (#003): Protocol Incentive Modulation

Voting ended almost 4 years agoSucceeded

Following the discussion and proposal: https://gov.swivel.finance/t/sip-003-protocol-incentive-modulation/173

Should this proposal pass, we will initiate the first modulation of protocol based SWIV liquidity incentives as a way to dissuade wash trading and properly reward liquidity providers.

The protocol was designed to prevent wash trading through the modulation of both liquidity incentives and protocol fees (as described in more detail in the proposal linked). This new workflow would be the first implementation of this protocol design, as we continue to optimize our liquidity incentives.

Should we move forward with the described plans to optimize liquidity incentives?

Off-Chain Vote

For
217.89K SWIV92.2%
Against
11.29 SWIV0%
Abstain
18.35K SWIV7.8%
Quorum:118%
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Timeline

Mar 30, 2022Proposal created
Mar 30, 2022Proposal vote started
Apr 01, 2022Proposal vote ended
Sep 13, 2024Proposal updated