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YZY DAOYZY DAOby0x6De632eE4dA139A09FB29756d0109E124E612d640x6De6…2d64

Reduce Epoch 2 Duration

Voting ended about 5 years agoFailed

Hi Everyone,

I was thinking of ways to help drum up interest as well as reward loyal liquidity providers and had the idea to reduce the duration of Epoch 2. Those of us who have been loyal liquidity providers have been dealing with reduced reward value and impermanent loss of 60+%. The current returns are not attractive to new stakers either.

As a way to drum up some more interest and reward the believers. I thought it may make sense to increase the rewards through a reduction in Epoch 2 duration.

The vote is to:

  1. Reduce Epoch 2 timeline by 1/3 from ~66 to ~44 days.
  2. Reduce Epoch 2 timeline by 1/2 from ~66 to ~33 days.
  3. Keep Epoch 2 timeline the same at ~66 days.

I have reviewed the medium article and looked at the code and this is noted as something that can be changed through governance.

Off-Chain Vote

Reduce Epoch 2 by 1/3 to 44 Days
0 0%
Reduce Epoch 2 by 50% to 33 Days
0 0%
Keep Epoch 2 at ~66 Days
0 0%
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Timeline

Mar 10, 2021Proposal created
Mar 10, 2021Proposal vote started
Mar 12, 2021Proposal vote ended
Oct 26, 2023Proposal updated