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Gearbox · closed proposal

[GIP-55] Increase GEAR/WETH Curve Liquidity Mining Rewards

0xeEEC…65a3·ended 3y ago·Discussion ↗
Voters
176
GEAR voted
229.82M
Token price

AI summary

Summary pending — generation runs every 15 minutes.

Voting results

Quorum
229.82M / 200.00M GEAR(115%)
✓ Quorum met
For218.88M (95.2%)
Against747.72K (0.3%)
Abstain10.19M (4.4%)
229.82M GEAR · 176 votersblock 17166847

🐳 Whale votes

0 votes > 5% VP
No whale votes on this proposal.

Full proposal

Original markdown · Gearbox

PROPOSAL

Increase GEAR/wETH liquidity curve v2 pool mining rewards from 3.33m GEAR/month to 6.66m GEAR/month. The rewards will run until the end of the year unless replaced by a new tokenomics model.

CONTEXT

But we just changed this in GIP-49! (Context)

Yes. Essentially in [GIP-49] We f*ked around and found out.

image

Since GIP-49, the previous veCRV voters have left the pool, and altcoins have lost value vs ETH. It is a real possibil…

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