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VoltSwap DAOVoltSwap DAOby0x0F8684F6dC76617D6831B4546381eb6CFB1C559Fsurajsinhgaikwad.eth

5th Cycle VoltSwap Liquidity Pool Incentives - Meter Mainnet

Voting ended almost 4 years agoSucceeded

SPECIAL NOTE: "Voting is available for VOLT available on both Meter Mainnet and Theta Mainnet (TFUEL-VOLT Pool, MTRG-VOLT Pool, Single Stake Volt Pool, Wallet Holdings) for this proposal!"

Through this proposal, we are trying to;

  1. Finalize the liquidity pools which should continue to be incentivized on Meter Mainnet
  2. Determine 'Volt' allocation to liquidity pools on Meter Mainnet for the next incentive period based on their performance in 4th cycle.

Details of the Proposal can be found at;

Performance Review and Volt Allocation Proposal: https://forum.meter.io/t/voltswap-liquidity-pool-incentives-7-mar-2022-6-apr-2022-meter-mainnet/238

Below are the excerpts;

  1. Due to the exploit of Meter Passport, the WETH and BNB assets are unbacked on Meter Mainnet and Theta Mainnet. The existing pools will be discontinued to ensure all existing liquidity is removed and the assets are out of circulation
  2. To ensure that the users continue to earn rewards on their capital, we propose a daily allocation to the VOLT single staking pools until the pools can be restarted

Meter Mainnet VOLT single staking pool allocation – 2000 Volt daily

Assets - VOLT, MTRG, MTR, USDT.eth, USDC.eth, WBTC.eth, BUSD.bsc, MOVR, AMPL

Volt Allocation + Pool 12000 Volt : MTRG-VOLT 8000 Volt : MTRG-BUSD.bsc 7500 Volt : BUSD.bsc-VOLT 5000 Volt : BUSD.bsc-USDC.eth 5000 Volt : MTRG-AMPL 4000 Volt : MTRG-MTR 2700 Volt : BUSD.bsc-USDT.eth 1500 Volt : MTRG-MOVR

Daily Volt Allocation - 45700

Off-Chain Vote

Approve Volt Allocation
109.82K 100%
Deny Volt Allocation
0 0%
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Timeline

Mar 07, 2022Proposal created
Mar 07, 2022Proposal vote started
Mar 07, 2022Proposal vote ended
Jun 11, 2024Proposal updated