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TrisolarisTrisolarisby0x1232726DA91B25D22239C5707FE85E8F078F35320x1232…3532

Proposal to deprecate single-reward Layer 1 farms

Voting ended almost 4 years agoSucceeded

We are proposing to deprecate the following farms from Trisolaris:

  • AVAX-wNEAR (27,579 TRI per week)
  • BNB-wNEAR (27,579 TRI per week)
  • MATIC-wNEAR (27,579 TRI per week)

The initial goal of these farms was to encourage users from other chains to bridge over funds and experience the Aurora ecosystem. These farms have been live for almost 3 months now and have achieved their goal of attracting new users.

As the Aurora ecosystem has matured, new NEAR/AURORA specific projects have launched or are slated to launch in the coming weeks/months. The TRI allocated to the AVAX, BNB, and MATIC farms would be better served getting re-allocated to the newer NEAR/AURORA ecosystem projects.

Voting FOR this proposal would mean that:

  • Trisolaris pauses TRI emissions to the AVAX-wNEAR, BNB-wNEAR, and MATIC-wNEAR farms (with ~5 days notice)
  • In the short term, TRI allocated to all of the other farms would increase as a result (as the TRI emitted per block will be the same) - increasing yields.
  • In the medium term, this allows Trisolaris to add new farms for Near and Aurora ecosystem tokens and reallocate the 82,737 TRI per week that now goes to the three layer 1 farms above to new farms.

Voting AGAINST this proposal would mean that:

  • Trisolaris continues to allocate TRI to these single reward layer 1 farms for the foreseeable future.

Off-Chain Vote

FOR
114.99K 59.3%
AGAINST
78.95K 40.7%
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Timeline

Mar 15, 2022Proposal created
Mar 15, 2022Proposal vote started
Mar 18, 2022Proposal vote ended
Oct 26, 2023Proposal updated