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Gearbox · closed proposal

[GIP-24] Referral Program [Concept]

0xf3D4…d89E·ended 3y ago·MEDIUM RISK
Voters
907
GEAR voted
226.72M
Token price

AI summary

This proposal introduces a referral program for "Key Opinion Leaders" (KOLs) to attract new liquidity to the Gearbox protocol. KOLs will receive a unique on-chain referral link. When users provide liquidity through this link, the KOL earns a percentage of the revenue generated from that liquidity. The program aims to incentivize content creators to promote Gearbox and bring in more capital.

Impact

If approved, KOLs who successfully refer new liquidity providers will earn a share of the protocol's revenue, potentially over $50,000 for bringing in $10 million in capital. This program is funded by DAO revenues, not the treasury, and is intended to benefit both KOLs and their communities by increasing overall liquidity and earnings for liquidity providers. The DAO will benefit from increased protocol usage and revenue.

Read full proposal on Snapshot

Voting results

Quorum
226.72M / 200.00M GEAR(113%)
✓ Quorum met
Approve Referral Program223.60M (98.6%)
Reject [Comment on Forum]3.11M (1.4%)
226.72M GEAR · 907 votersblock 15831373

🐳 Whale votes

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

Full proposal

Original markdown · Gearbox

The KOLs who are ready to create and share the content through the docs you just read - will receive a dedicated referral link to send out along the content pieces. You can use the link separately to increase your referred degens. For more info on content, see:

KOL Program

💰 Cool fact: if you bring in just $10M worth of capital, you can make > $50,000 passively. Meanwhile, your community would also be earning rewards for being LPs! Your rewards do…

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