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Overtime GovernanceOvertime Governanceby0x11219d61e95fC5930762b16868dDB2C9c6fc83fApadzank.eth

TIP-170: Additional LP Incentives Tapering

Voting ended over 2 years agoSucceeded
id Title Status Author Description Discussions to Created
TIP-170 Additional LP Incentives Tapering Vote Pending padzank (@padzank) Tapering of Arrakis and Velodrome incentives / bribes https://discord.com/invite/rPpPcMXSeU 2023-09-05

Simple Summary

Additional tapering of Arrakis THALES-WETH pool incentives on Optimism.

Abstract

This TIP proposes to taper incentives to Arrakis THALES-WETH pool on Optimism.

New reward structure to be:

  • Arrakis THALES/WETH pool incentives: 2,000 OP + 20,000 THALES per week

These emissions are to run for 8 weeks until further revaluation.

Motivation

With the recent initiatives in the likes of deploying a THALES/WETH PALM POL position on Optimism and pushing for THALES token presence on the Base network, it makes sense to slightly adjust reward emissions towards the THALES/WETH LPs on Optimism for the purpose of globally rebalancing THALES token emissions.

Specification

This TIP entials the Thales Protocol DAO and Treasury DAO to facilitate the following emissions:

  • Arrakis Thales/WETH rewards - 2,000 OP + 20,000 THALES 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.

Are you in favor of this proposal?

Off-Chain Vote

Yes
5 TC-NFT100%
No
0 TC-NFT0%
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Timeline

Sep 07, 2023Proposal created
Sep 07, 2023Proposal vote started
Sep 08, 2023Proposal vote ended
Mar 05, 2026Proposal updated