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Gearbox · closed proposal

[GIP-246] Incentive budget for WETH pool curated by cp0x

0xab02…a6D8·ended 1y ago·Discussion ↗
Voters
17
GEAR voted
262.07M
Token price

AI summary

Summary pending — generation runs every 15 minutes.

Voting results

Quorum
262.07M / 200.00M GEAR(131%)
✓ Quorum met
For262.07M (100.0%)
Against0 (0.0%)
Abstain0 (0.0%)
262.07M GEAR · 17 votersblock 22945996

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Full proposal

Original markdown · Gearbox

Author

desnake

Summary

WETH market curated by cp0x with pool address: 0xf00B548f1b69cB5EE559d891E03A196FB5101d4A is going live shortly.

It will include DVstETH as collateral to start with. To bootstrap liquidity it's proposed to allocate a budget of 1M GEAR tokens for a first month of its launch.

Action

If the proposal passes, 1M GEAR tokens are to be sent to Reward Management Multisig: 0x6f378f36899cEB7C6fB7D293aAE1ca86B0Edbf6D from Gearbox treasury

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