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Renewal of the 2jpy program

Voting ended about 4 years agoSucceeded

The 2jpy program rewarding LP with the SES token has ended yesterday.

A discussion has been held in our Discord about its renewal.

There are three options:

1. Renew the program for 8 days

One of the issues met with the PLAAS programs is that when programs are launched at a different date, liquidity from the older program is moving to the new program, creating a big imbalance.

A quick-fix proposed is to start programs at the same time, hence the idea of doing a small program for 8 days, until the 2cad program ends, and then start a new 2cad and 2jpy program at the same time with a common reward token.

2. Renew the program in 8 days

We renew this program with the same parameters ($60k of rewards for 60 days) in 8 days, together with the renewal of the 2cad program, and using a single reward token for both programs.

3. Do not renew the program

We stop the 2jpy pool program.

Off-Chain Vote

Renew the program now for 8 days
1.12M 7.9%
Renew the program in 8 days
11.28M 80.3%
Do not renew the program
1.65M 11.8%
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Timeline

Mar 03, 2022Proposal created
Mar 03, 2022Proposal vote started
Mar 06, 2022Proposal vote ended
Apr 21, 2025Proposal updated