← Back to Gearbox
Gearbox · closed proposal
[GIP-218] GEAR Liquidity Mining rewards on Sonic
Voters
31
GEAR voted
388.43M
Token price
—
AI summary
Summary pending — generation runs every 15 minutes.
Voting results
Quorum
388.43M / 200.00M GEAR(194%)
✓ Quorum met
For166.19M (42.8%)
Against128.24M (33.0%)
Abstain94.00M (24.2%)
388.43M GEAR · 31 votersblock 21925212
🐳 Whale votes
0 votes > 5% VPNo whale votes on this proposal.
Full proposal
Original markdown · Gearbox
Summary
This proposal outlines a plan to capitalize on Sonic’s rapid growth and optimize Gearbox DAO’s liquidity deployment. By leveraging Sonic’s blazing-fast onchain experience and its focus on DeFi, we aim to establish Gearbox as a key player in this ecosystem.
To achieve this, we propose:
- Migrating $1M USDC from Gearbox DAO’s mainnet liquidity to Sonic
- Incentivizing deposits with 12M GEAR over a 2-month period to attract liquidity and drive adoption.
Motivation
Sonic’s liquidity is expanding at an exceptional rate, positioning it as a highly promising growth venue for …
📚 Similar past proposals
Finding similar proposals…