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XBE FinanceXBE Financeby0x905486dA77B9F1BAe2577FB4F75515886354954d0x9054…954d

XIP4 - XBE Hive Reward Allocation (Test Week)

Voting ended about 4 years agoSucceeded

https://gov.xbe.finance/t/xip4-xbe-hive-reward-allocation-test-week/131

XIP4 Reward Allocation Proposal;

This proposal is for the allocation of XBE rewards to the Hive during the first week of launch.

ELI5

With the redeployment of contracts and configurations being done, it is vital to discuss the amount of XBE rewards being allocated to each Hive vault during the first week. We will be launching with both the FRAX pool and the cvxCRV pool and although the multitude of audits and tests that have already been done, we will also have ImmuneFi onboard for a bug bounty program during launch. This will be considered an “Emission test week” which will allow us to test the reward allocation of both the Hive deposits and the XB referral system. It is proposed to allocate a smaller amount of emissions during this week, which we can then ramp up for the weeks following that.

Option 1) Allocate 0% of the weekly emissions to the Hive vaults

0% to the FRAX pool & 0% to the cvxCRV pool 75% to the XBE/ETH LP 25% to XBE staking

Option 2) Allocate 5% of the weekly emissions to the Hive vaults

2.5% to the FRAX pool & 2.5% to the cvxCRV pool 70% to the XBE/ETH LP 25% to XBE staking

Option 3) Allocate 10% of the weekly emissions to the Hive vaults

5% to the FRAX pool & 5% to the cvxCRV pool 65% to the XBE/ETH LP 25% to XBE staking

Off-Chain Vote

Option 1 - 0%
7.43 0.2%
Option 2 - 5%
3.08K 82.3%
Option 3 - 10%
655.45 17.5%
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Timeline

Feb 28, 2022Proposal created
Feb 28, 2022Proposal vote started
Mar 02, 2022Proposal vote ended
Oct 26, 2023Proposal updated