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Gearbox · closed proposal

[GIP - 255] - USDC Invariant pool request for incentives in $GEAR

0x55aA…A063·ended 11mo ago
Voters
16
GEAR voted
230.86M
Token price

AI summary

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Voting results

Quorum
230.86M / 200.00M GEAR(115%)
✓ Quorum met
For230.86M (100.0%)
Against0 (0.0%)
Abstain0 (0.0%)
230.86M GEAR · 16 votersblock 23246759

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Full proposal

Original markdown · Gearbox

Summary

This proposal requests the DAO to allocate $7,500 worth of $GEAR as incentives for the USDC lending pool. The incentives aim to continue growing the pool, which has already surpassed $10M in TVL within one month across 4+ launches.

Falcon has committed $10,000 in additional incentives, making this a joint effort to reward liquidity providers and boost traction.

Motivation

The USDC pool has shown strong adoption and demonstrates significant potential for organic growth. Providing $GEAR incentives will:

  • Reward early liquidity providers.
  • Encour…

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