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TrueFiTrueFiby0x07fa72EFf165392E1772b99841AF5F1bdE8F99190x07fa…9919

[Proposal] Sushiswap TRU/ETH LP Retroactive Grant

Voting ended almost 5 years agoSucceeded
Original Author(s): @MG-TT & @tylerw

Forum discussion: https://forum.truefi.io/t/proposal-sushiswap-tru-eth-lp-retroactive-airdrop/589

Summary

The Sushiswap TRU/ETH pool migration was promoted as an opportunity to benefit from double rewards, in SUSHI and TRU. With the delay of this feature, Sushiswap LPs did not receive the TRU awards they expected.

This proposal asks if TrueFi should award the affected LPs retroactively.

  • The time frame being considered is March 22, 2021 - May 20th, 2021
  • This issue affected 33 LPs on Sushiswap during that period
  • During this period, Sushiswap LPs expected to receive 10,108 TRU per day
  • The total TRU/ETH Sushiswap LPs would have received is 172k TRU (market price ~$50,000 at time of writing)
  • The disbursement would be drawn from the TrueFi incentive pool

Please vote 1 (SUPPORT) or 2 (REJECT):

  1. (SUPPORT), I vote to distribute 100% of the estimated rewards (172k TRU) to the 33 affected LPs
  2. (REJECT), I vote to NOT distribute any of the TRU rewards to the 33 affected LPs

Off-Chain Vote

SUPPORT: Grant 172k TRU to LPs
21.81M 100%
REJECT: No grant to LPs
0 0%
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Timeline

Jun 07, 2021Proposal created
Jun 08, 2021Proposal vote started
Jun 11, 2021Proposal vote ended
Oct 26, 2023Proposal updated