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TrueFiTrueFiby0x99FBa19112f221D0B44c9c22241f5e6b2Db715F6ryanrodenbaugh.eth

[Proposal] A Medium-Term Strategy for Lending Pool Incentives

Voting ended almost 5 years agoSucceeded

Original Author: Ryan Rodenbaugh Forum Post: https://forum.truefi.io/t/proposal-a-medium-term-strategy-for-lending-pool-incentives/632

Summary

  1. Launch USDT pool on Friday, June 18, 2021 with TRU incentives of 200,000 TRU/day for two weeks
  2. Decrease TUSD lending pool incentives on Friday, June 18, 2021 to 100,000 TRU/day for two weeks
  3. Decrease USDC lending pool incentives on Friday June 18, 2021 to 200,000 TRU/day for two weeks
  4. We revisit the # of TRU distributed to lenders every two weeks and host a Snapshot vote to update incentives in response to utilization rates

Off-Chain Vote

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36.12M 100%
Against
0 0%
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Timeline

Jun 15, 2021Proposal created
Jun 15, 2021Proposal vote started
Jun 17, 2021Proposal vote ended
Oct 26, 2023Proposal updated