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YAM Finance · closed proposal
YIP-3: Add ETH-YAMv3 Uniswap Pool to the initial Distribution
0x17F9…6a3A·ended 6y ago
Voters
134
YAM voted
481.49K
Token price
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Voting results
For30.86K (6.4%)
Against450.63K (93.6%)
481.49K YAM · 134 votersblock 10725451
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0 votes > 5% VPNo whale votes on this proposal.
Full proposal
Original markdown · YAM Finance
This proposal amends item 2 of the YIP-2 proposal to add the ETH-YAMv3 Uniswap V2 Pool to the initial Incentivization Distribution of YAMv3. If passed, it will split the initial 330,000 YAMv3 rewards in the following manner:
- YAMv3/yUSD Uniswap V2 Pool: 165,000 YAMS.
- ETH-YAMv3 Uniswap V2 Pool: 165,000 YAMS.
The reasoning for this change is to facilitate a one step YAMv3-ETH bridge and also to promote arbitrage trading between these two pairs.
The rest of the YIP-2 proposal would remain the same, meaning Incentives will be reduced by 30% each week for each pool, totaling a 1.1MM YAMv3 to…
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