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Gearbox · closed proposal

[GIP-78]Liquidity Migration From Curve to Uniswap

0x6E56…b25e·ended 2y ago
Voters
124
GEAR voted
30.65M
Token price

AI summary

Summary pending — generation runs every 15 minutes.

Voting results

Quorum
30.65M / 200.00M GEAR(15%)
Against682.18K (2.2%)
Abstain29.97M (97.8%)
30.65M GEAR · 124 votersblock 18473801

🐳 Whale votes

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

Full proposal

Original markdown · Gearbox

Migrate GEAR/wETH liquidity from the curve pool to uniswap and thereby eliminate the rampant token inflation caused by recent increase of mining rewards.

Motivation: the token price is in a death spiral, and part of that is due to only being on curve and the high emissions the come with that. There is great building going on with the platform, but fuck all being done for token investors and bagholders. This is one small step in the right direction. Yes, it is a governance token. A governance token that is fast becoming worthless. The platform makes money on people speculating in crypto b…

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