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Jarvis NetworkJarvis Networkby0x03C2Bc72A3E007179E54fFb4563cc235beC8151ajarvis.lens

Renewal of yield incentives on Polygon

Voting ended over 3 years agoSucceeded

This proposal aims at renewing the yield on the following pools:

  • 2eur (agEUR)
  • 2eur (PAR)
  • 2eur (EURT)
  • 2cad
  • 2jpy
  • 2sgd

To pause the yield on the following pool:

  • 2nzd

To enable yield on the following pool:

  • 2eur (EURe)

I suggest keeping the same level of incentives as last time.

Target: yield of 10%.

  • A TVL of $500k per Euro pool ($2M in total, so $16.67k of rewards per month = 1.041M JRT)
  • A TVL of $200k for 2cad 2sgd and 2jpy (so $600k in total, $5k of rewards per month, 312.5k JRT)

Altogether it would equal 1.353M JRT per month, almost the same budget as last time.

We could reduce this by:

  • asking Mimo to pay half of the 2eur PAR yield ($2.08k per month, 130.2k JRT)
  • asking Angle to pay half of the 2eur agEUR yield ($2.08k per month, 130.2k JRT)

This would save $4.16k per month = 260.4k JRT.

So this would reduce the amount to 1.092M JRT per month, for 2 months = 2.185M JRT.

VOTE

YES: launch 3 new tokens (JRT-MIMO-NOV22, JRT-ANGLE-NOV22, JRT-NOV22) and invest 2.185M JRT in the program

NO: discuss this proposal again

Off-Chain Vote

YES
19.92M JRT100%
NO
0 JRT0%
Download mobile app to vote

Discussion

Jarvis NetworkRenewal of yield incentives on Polygon

Timeline

Sep 16, 2022Proposal created
Sep 16, 2022Proposal vote started
Sep 18, 2022Proposal vote ended
Apr 21, 2025Proposal updated