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XBE FinanceXBE Financeby0x905486dA77B9F1BAe2577FB4F75515886354954d0x9054…954d

XBE Hive Reward Allocation

Voting ended about 4 years agoSucceeded

https://gov.xbe.finance/t/xip5-xbe-hive-reward-allocation/133

ELI5

Throughout the last week, 5% of the daily XBE emissions have been allocated to the Hive with each of the respective vaults (FRAX & cvxCRV) being allocated 2.5%

This proposal aims to initiate a ramp up of rewards towards the Hive, meaning that we allocate a greater % of the daily emissions towards it.

The current test week has served extremely helpful, and we are all appreciative of the community members that have been willing to assist.

Option 1) Same as previous week 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 2) Reward ramp up Allocate 15% of the weekly emissions to the Hive vaults

7.5% to the FRAX pool & 7.5% to the cvxCRV pool 60% to the XBE/ETH LP 25% to XBE staking

Option 3) Reward ramp up Allocate 30% of the weekly emissions to the Hive vaults

15% to the FRAX pool & 15% to the cvxCRV pool 45% to the XBE/ETH LP 25% to XBE staking

Off-Chain Vote

Option 1 - Same
30.69 1.8%
Option 2 - 15% to Hive
1.45K 86.3%
Option 3 - 30% to Hive
201 11.9%
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Timeline

Mar 16, 2022Proposal created
Mar 16, 2022Proposal vote started
Mar 18, 2022Proposal vote ended
Oct 26, 2023Proposal updated