Incentivize Synthereum LP

Voting ended almost 5 years agoSucceeded

This proposal follows the first 3 proposals to incentivize minters.

As of today, the sole LP on Synthereum is Jarvis LTD. We (Jarvis) have allocated some of the USDC we were using for farming on various farming program for providing liquidity on Synthereum, to allow users to mint synthetic assets.

To scale Synthereum, Synthereum's LP will be incentivized (see the research paper). Since the proposal to start incentivizing minters has came out, we suggest to also start incentivizing Synthereum's LP at the same time, to combat the opportunity cost of providing liquidity.

How much percentage should the Synthereum's LP receive to provide liquidity?

Off-Chain Vote

0 0%

10%

5.61M 29.9%

20%

8.39M 44.8%

30%

4.73M 25.3%

Download mobile app to vote

Timeline

Mar 18, 2021Proposal created

Mar 18, 2021Proposal vote started

Mar 19, 2021Proposal vote ended

Apr 21, 2025Proposal updated