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VestaVestaby0x5F153A7d31b315167Fe41dA83acBa1ca7F86E91d0x5F15…E91d

Commit 500k VSTA over 6 Months to Bootstrap VSTA and VST liquidity on Balancer via Aura

Voting ended over 3 years agoFailed

To bootstrap deeper liquidity for VSTA-ETH and VST-USDT-USDC-DAI pools, Vesta contributors would like to allocate 500k VSTA from the community treasury toward bribing Aura, which currently has a $>1 reward for per $1 bribed efficiency.

The amount is intended for 6-month period. If the amount runs out earlier, Vesta will initiate another proposal for new allocation. If there is leftover after the period, the leftover amount will be returned to the community treasury.

The target TVL and APR for the two pools are: VSTA-ETH: 100% APR at 3m TVL VST-USDT-USDC-DAI: 10% at 10m TVL

For: allocate 500k toward Balancer ecosystem. Against: do not allocate.

To learn more, please visit the discussion link attached.

Off-Chain Vote

For
38.87K VSTA100%
Against
0 VSTA0%
Quorum:16%
Download mobile app to vote

Discussion

VestaCommit 500k VSTA over 6 Months to Bootstrap VSTA and VST liquidity on Balancer via Aura

Timeline

Aug 18, 2022Proposal created
Aug 18, 2022Proposal vote started
Aug 21, 2022Proposal vote ended
Oct 26, 2023Proposal updated