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VoltSwap DAOVoltSwap DAOby0x0F8684F6dC76617D6831B4546381eb6CFB1C559Fsurajsinhgaikwad.eth

Incentivize WETH.eth-VOLT pool for 2nd Cycle on Meter Mainnet

Voting ended about 4 years agoSucceeded

SPECIAL NOTE: 'VOTING IS ONLY AVAILABLE FOR VOLT AVAILABLE IN METAMASK FOR THIS PROPOSAL!'

Please find the detailed forum discussion here; https://forum.meter.io/t/incentivize-weth-eth-volt-pool-for-next-30-day-incentive-period/156

Volt pairs (MTRG, WETH.eth) experienced high impermanent loss during the first 90 day cycle. Since MTRG-VOLT pool is continued in the 2nd cycle, we propose to continue WETH.eth-VOLT pool to enable the LPs to continue providing liquidity to the pool and earn with higher rewards multiplier. This will enable the LPs to recover the IL.

We propose to allocate 5000 Volt per day for the next 30 days.

We propose to source the allocation from the allocated VOLT for airdrops. The detailed distribution of VOLT can be found here; https://docs.voltswap.finance/the-volt-token/token-distributions

Off-Chain Vote

Yes - Continue Pool for Cycle 2
266.98K 100%
No - Discontinue Pool
5 0%
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Timeline

Dec 08, 2021Proposal created
Dec 08, 2021Proposal vote started
Dec 09, 2021Proposal vote ended
Jun 11, 2024Proposal updated