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TimelessTimelessby0x9E8784794cd73B52886cBB1A3538A4594A6c9e8d0x9E87…9e8d

TRC # 064: Enable a New Badger/WBTC Gauge on Ethereum with Extended Price Range.

Voting ended over 2 years agoSucceeded

Summary

This TRC proposes the activation of LIT incentives on a new Badger/WBTC gauge, aiming to expand the lower boundary of the price range by -50%. The existing Badger pool, approved by TRC-11, is currently out of range, prompting the BadgerDAO treasury to consider migrating to the new pool and shifting the incentives accordingly. It would be beneficial, however, to keep the TRC-11 gauge accessible, offering BadgerDAO the flexibility to migrate back in the event of price recovery, thereby unlocking the capital efficiency advantages of the initial position. There is no intention of incentivizing both gauges simultaneously.

Off-Chain Vote

yes
1.93M veLIT100%
no
0 veLIT0%
Quorum:131%
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Discussion

TimelessTRC # 064: Enable a New Badger/WBTC Gauge on Ethereum with Extended Price Range.

Timeline

Jul 15, 2023Proposal created
Jul 15, 2023Proposal vote started
Jul 18, 2023Proposal vote ended
Oct 26, 2023Proposal updated