(p8-2) Incentivizing JRT Balancer pools
The second vote is to agree on how much of IL we should cover.
Each month we will calculate the IL of pool/s. This vote is to determine how much of IL should be covered by incentives. We will calculate the IL from the lowest point of the month to the closing day of the month.
The rewards are implemented mainly to counter the IL, so our community can safely provide liquidity.
Keep in mind that this is mostly a community program to cover their IL as LPs, those who want to receive rewards more often can still join the Sushiswap Onsen program.
- Calculation method: the lowest price of the month and the closing time GMT
Off-Chain Vote
10%
0 0%
20%
0 0%
30%
0 0%
40%
0 0%
50%
8.21M 45.3%
60%
0 0%
70%
0 0%
80%
0 0%
90%
0 0%
100%
9.9M 54.7%
Timeline
Jul 03, 2021Proposal created
Jul 03, 2021Proposal vote started
Jul 07, 2021Proposal vote ended
Oct 26, 2023Proposal updated