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Voters
91
GEAR voted
212.37M
Token price
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AI summary
Summary pending — generation runs every 15 minutes.
Voting results
Quorum
212.37M / 200.00M GEAR(106%)
✓ Quorum met
Cut CA rewards205.92M (97.0%)
Keep CA rewards6.45M (3.0%)
212.37M GEAR · 91 votersblock 17805103
🐳 Whale votes
0 votes > 5% VPNo whale votes on this proposal.
Full proposal
Original markdown · Gearbox
This is in reference to GIP-22, which started the LM program last year. Part of the LM program focussed on incentivising Credit Account users with GEAR rewards. It was done for the sake of early user appreciation and GEAR distribution, not as a financial incentive as it was too small even on day 0. At this point, these numbers are small and don’t present any benefit.
Another reasoning is that with the arrival of Curve V2 pools and then V3 - leverage opportunities will become multi…
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