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TimelessTimelessby0x9E8784794cd73B52886cBB1A3538A4594A6c9e8d0x9E87…9e8d

TRC # 051 - Enable alETH/frxETH and alUSD/FRAX gauges on Ethereum [5bps]

Voting ended almost 3 years agoSucceeded

Motivation "Providing liquidity for its synthetic assets is of prime importance for Alchemix. For this reason we are constantly searching for partners and platforms that we can use to increase the efficiency of our bribes and pools. Concentrated liquidity and having the ability to bribe voters on Bunni is something that we would like to explore."

Value "There have not been larger pools established by Alchemix for concentrated liquidity positions, especially for alUSD, so these pools have a good chance of capturing a larger share of alUSD and alETH trading volumes."

Read more here https://gov.timelessfi.com/discussion/11501-trc-050-enable-alethfrxeth-and-alusdfrax-gauges-on-ethereum-5bps

Off-Chain Vote

For
1.82M veLIT94.3%
Against
109.96K veLIT5.7%
Quorum:156%
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Discussion

TimelessTRC # 051 - Enable alETH/frxETH and alUSD/FRAX gauges on Ethereum [5bps]

Timeline

May 31, 2023Proposal created
May 31, 2023Proposal vote started
Jun 03, 2023Proposal vote ended
Oct 26, 2023Proposal updated