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Gearbox · closed proposal
[GIP-42] Accounting locked in Curve LP GEARs in DAO Governance
Voters
327
GEAR voted
226.65M
Token price
—
AI summary
Summary pending — generation runs every 15 minutes.
Voting results
Quorum
226.65M / 200.00M GEAR(113%)
✓ Quorum met
Yes, approve226.55M (100.0%)
No, reject100.03K (0.0%)
226.65M GEAR · 327 votersblock 16534195
🐳 Whale votes
0 votes > 5% VPNo whale votes on this proposal.
Full proposal
Original markdown · Gearbox
Motivation
There are currently ~900 million GEAR in circulation. At the same time, ~100 million GEAR are locked in Curve LP (you can see exact amount here). Many of those who provide liquidity in Curve have participated in cidered liquidity and are active members of the community. Therefore, it seems fair to give them also the right to participate in the Governance.
Implementation
- Consider that the LP position of user has a GEAR in the amount `GEAR balance on curve * balanceOfLP(holder) / totalLPSupply(…
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