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Gearbox · closed proposal

[GIP-93] STIMMIES: Incentives for PURE trading competition

0x81E8…2c08·ended 2y ago
Voters
59
GEAR voted
298.94M
Token price

AI summary

Summary pending — generation runs every 15 minutes.

Voting results

Quorum
298.94M / 200.00M GEAR(149%)
✓ Quorum met
Approve Funding298.94M (100.0%)
Reject Funding0 (0.0%)
298.94M GEAR · 59 votersblock 19207186

🐳 Whale votes

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

Full proposal

Original markdown · Gearbox

Summary

STIMMIES is a trading competition/loyalty program designed for PURE margin trading. The goal of STIMMIES is to help increase product awareness and adoption through gamification and incentives and to bring more sophisticated traders to Gearbox. Traders will earn STIMMIES for their trading activity on PURE, which will be redeemable for $GEAR every 2 weeks.

Motivation

Leverage trading, even onchain, is a highly competitive DeFi vertical with established players. This vertical though is largely dominated by a single leverage mechanism, perpetuals. Like every product, perpetuals …

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