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Jarvis NetworkJarvis Networkby0x476e23bFc5415397021a74e525640b328A12b81epscltllrd.lens

p58-1 renewal of the 4eur program

Voting ended almost 4 years agoSucceeded

This proposal aims at renewing the 4eur program for 60d with:

  1. A budget of $150k (50% in JRT and 50% in MIMO) for the 4eur pool to target $3M of liquidity with a 30% APR + $8.5k for the DEN-JUL22 pool to target $50k of liquidity with a 100% APR.

Or,

  1. A budget of $75k (50% in JRT and 50% in MIMO) for the 4eur pool to target $1.5M of liquidity with a 30% APR + $4.25k for the DEN-JUL22 pool to target $20k of liquidity with a 100% APR.

The reasoning behind lowering the yield is to save JRT, and the daily volume does not justify having such TVL.

Creation of 100 Futures contract token named JRT-MIMO-JUL22.

Off-Chain Vote

YES renew with $158.5k of budge
2.7M JRT14.2%
YES renew with $79.25k of budge
16.23M JRT85.5%
NO do not renew the 4eur pool
49.04K JRT0.3%
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Discussion

Jarvis Networkp58-1 renewal of the 4eur program

Timeline

May 05, 2022Proposal created
May 05, 2022Proposal vote started
May 08, 2022Proposal vote ended
Oct 26, 2023Proposal updated