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Stargate · closed proposal
SIP #10 - Increase Incentive For Balancing Transfers
Voters
2,400
STG voted
10.23M
≈$1.70M
Token price
$0.17
AI summary
Summary pending — generation runs every 15 minutes.
Voting results
Quorum
10.23M / 7.39M STG(138%)
✓ Quorum met
Yes - Incentivize balancing10.21M (99.8%)
No - Leave it alone16.41K (0.2%)
Abstain - IDK6.83K (0.1%)
10.23M STG · ≈$1.70M · 2400 votersblock 14969355
🐳 Whale votes
0 votes > 5% VPNo whale votes on this proposal.
Full proposal
Original markdown · Stargate
Issue Statement
The Stargate pools are currently imbalanced, and there is not enough incentive to complete balancing transfers. Two key areas to address:
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The eqRewards are currently distributed to all transfers when a source pool is in deficit, whether it’s a $1 or $1M transfer. Rather than subsidizing small transfers, these eqRewards should be reserved for significant balancing transfers. Additionally, eqRewards should be reserved for material deficits, accelerating growth on the eqFeePool.
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The protocol should not charge 6 bps on balancing transfers. The protocol makes insignificant …
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