← Back to Gearbox
Gearbox · closed proposal
[GIP-37] FairTrading Rewards Repurpose
Voters
793
GEAR voted
257.98M
Token price
—
AI summary
Summary pending — generation runs every 15 minutes.
Voting results
Quorum
257.98M / 200.00M GEAR(129%)
✓ Quorum met
50% LM, 50% to Cider201.11M (78.0%)
100% to LM, 0% to Cider3.83M (1.5%)
0% to LM, 100% to Cider53.05M (20.6%)
257.98M GEAR · 793 votersblock 16185055
🐳 Whale votes
0 votes > 5% VPNo whale votes on this proposal.
Full proposal
Original markdown · Gearbox
The proposal is aimed at re-calibrating how FairTrading extra fees (which can be large, or could be small) would be utilized. As per GIP-35, it was established to use them during the 4+ months Liquidity Mining program for GEAR/ETH Curve LPs. However, Curve LPs already got GIP-36 with 20%+ APY, which means that FairTrading can be used as a boost instead: both for $GEAR and for $ETH 0xcider participants. This part is part number 3 of the “0xcider BLITZ" idea which so far seems to controversial to be voted on, so I am simply taking the non-controversial part.
Proposal
The proposal is to uti…
📚 Similar past proposals
Finding similar proposals…