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Gearbox · closed proposal
[GIP-135]: GEAR incentives in Idle's Gearbox Yield Tranches
Voters
23
GEAR voted
247.34M
Token price
—
AI summary
Summary pending — generation runs every 15 minutes.
Voting results
Quorum
247.34M / 200.00M GEAR(124%)
✓ Quorum met
Approve 200k GEAR of incentives247.34M (100.0%)
Disapprove0 (0.0%)
247.34M GEAR · 23 votersblock 19976166
🐳 Whale votes
0 votes > 5% VPNo whale votes on this proposal.
Full proposal
Original markdown · Gearbox
Author: Biaf from Idle (Posted by amplice on behalf of Idle)
Summary
A proposal to discuss and approve a GEAR incentives program for the Idle's Yield Tranches on top of the USDC and WETH passive yield markets.
Motivation
Idle has deployed two Yield Tranches (YTs) on top of the Gearbox’s USDC and WETH markets. The Yield Tranche primitive offers a risk-adjusted lending experience with its Senior and Junior mechanisms:
- Senior LPs can benefit from funds coverage by withh…
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