TIP-219: LP incentives renewal
| id | Title | Status | Author | Description | Discussions to | Created |
|---|---|---|---|---|---|---|
| TIP-219 | LP incentives renewal | Draft | Svenska (@0xsvenska) | Renewal of LP incentives program | Discord | 2024-07-07 |
Simple Summary
Renewal of incentives and bribes across existing incetivized LPs.
Abstract
This TIP proposes the renewal of current AMM incentives and bribes across all exsiting incentivized LPs.
Current structure to be renewed:
- Optimism Arrakis THALES/WETH pool incentives:
10,000 THALESper week - Optimism Velodrome THALES/WETH pool bribes:
0 - Base Aerodrome THALES/WETH pool bribes:
5,000THALES per week - Arbitrum Camelot THALES/WETH pool incentives:
2,000THALES per week - Arbitrum Ramses new THALES/WETH pool incentives :
2,500 THALESper week
These emissions are to run for 8 weeks until further revaluation.
Motivation
The aim of the latest TIPs was to adjust incentives in order to achieve an efficient ratio between available liquidity and required amount of incentives to provide.
In view of the current APRs on THALES' liquidity pairs, it seems that there is no point in reducing them further at this stage, at the risk of seeing current liquidity decline.
Specification
This TIP entials the Thales Protocol DAO and Treasury DAO to facilitate the following emissions:
- Optimism Arrakis THALES/WETH pool incentives:
10,000THALES per week - Optimism Velodrome THALES/WETH pool bribes:
0 - Base Aerodrome THALES/WETH pool bribes:
5,000THALES per week - Arbitrum Camelot THALES/WETH pool incentives:
2,000THALES per week - Arbitrum Ramses new THALES/WETH pool incentives :
2,500THALES per week
The incentives in this proposal are to be valid for a period of 8 weeks from implementation.
Implementation
n/a
Copyright
Copyright and related rights waived via CC0.
Off-Chain Vote
Yes
6 TC-NFT100%
No
0 TC-NFT0%
Timeline
Jul 09, 2024Proposal created
Jul 09, 2024Proposal vote started
Jul 12, 2024Proposal vote ended
Nov 29, 2025Proposal updated