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Jarvis NetworkJarvis Networkby0x84625bDf7006e1b228D8EbB82202b5152dC6a5420x8462…a542

P44 - Only-use-jrt-as-collateral-for-aur-apr22

Voting ended about 4 years agoSucceeded

Instead of using 25k UMA and 85k JRT for the rewards of Aur-apr22, I propose to use only JRT as collateral (85k or 110k). Indeed, liquidity of UMA on polygon is really poor, and when you redeem it at the end of the program, there is a lot a slippage if you want to sell it which lowers the yield. It permit JRT holders to increase their bag of JRT or for yield farmer to better they yield because of the better liquidity of the JRT.

Off-Chain Vote

Use 110k JRT for Aur-apr22
11.9M 75.1%
Use 85k JRT for Aur-apr22
2.25M 14.2%
Use 85kJRT+25kUMA for Aur-apr2
1.68M 10.6%
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Timeline

Feb 04, 2022Proposal created
Feb 04, 2022Proposal vote started
Feb 06, 2022Proposal vote ended
Oct 26, 2023Proposal updated