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Gearbox · closed proposal

[GIP 59] Allocate GEAR to EXMO Earn program

0xf3D4…d89E·ended 3y ago·Discussion ↗
Voters
105
GEAR voted
209.86M
Token price

AI summary

Summary pending — generation runs every 15 minutes.

Voting results

Quorum
209.86M / 200.00M GEAR(105%)
✓ Quorum met
Yes, approve201.03M (95.8%)
No, reject8.83M (4.2%)
209.86M GEAR · 105 votersblock 17385752

🐳 Whale votes

0 votes > 5% VP
No whale votes on this proposal.

Full proposal

Original markdown · Gearbox

Summary

Allocate $10k in GEAR tokens for August 2023 to incentivize users of EXMO to supply assets to Gearbox passive pools. The amount of GEAR rewards is fixed in USDT terms (10,000 USDT) and distributed at the end of the 30-day supply period.

Motivation

EXMO is a regulated crypto exchange founded in 2014. The company is based in the UK, Ukraine, Poland, and Lithuania. The exmo.com cryptocurrency platform has more than 6,000 active monthly traders, 166 trading pairs, an exchange token EXMO Coin (EXM) and operates with 4 fiat currencies. Currently, the average daily trading volume is …

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