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Gearbox · closed proposal

GIP 106 - Intent to shift GEAR liquidity incentives to Gear/wETH Balancer Core Pool

0xeEEC…65a3·ended 2y ago
Voters
49
GEAR voted
353.50M
Token price

AI summary

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Voting results

Quorum
353.50M / 200.00M GEAR(177%)
✓ Quorum met
For92.42M (26.1%)
Against113.46M (32.1%)
Abstain147.62M (41.8%)
353.50M GEAR · 49 votersblock 19476838

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Full proposal

Original markdown · Gearbox

Purpose This proposal authorizes the effort of seeking core pool status for a GEAR/wETH pool on Balancer. Should Core Pool status be granted, this proposal pre-approves the shift of GEAR liquidity incentives from Curve to Balancer.

Execution The following steps would be executed:

  1. Ov3rkoalafied to deploy 50/50 GEAR/wETH pool on balancer, 1% fee tier.
  2. Ov3rkoalafied to submit a proposal to balancer seeking core pool status for the GEAR/wETH pool
  3. Should core pool status be granted, Gearbox multisig will shift GEAR incentives from the curve pool to the new balancer pool. Direct i…

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