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Voters
59
GEAR voted
212.67M
Token price
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AI summary
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Voting results
Quorum
212.67M / 200.00M GEAR(106%)
✓ Quorum met
Set up a V3 reserve fund212.67M (100.0%)
Don't set up a reserve fund0 (0.0%)
212.67M GEAR · 59 votersblock 18769338
🐳 Whale votes
0 votes > 5% VPNo whale votes on this proposal.
Full proposal
Original markdown · Gearbox
With GIPs 79-80 governance revamp, it was voted to move the fees accumulated so far into a separate fee guard. That is to separate development work from the fees the protocol earns. Those are for holders to decide what to do with. So this is what we need to decide on.
Previously, those fees (all fees) were taken in the form of dTokens of old pools. They functioned as Reserve Fund for V2, by default as the protocol architecture entails. By moving them away from the designated previous address, V2 won’t have a Reserve Fund anymore. Which is totally logical, because migration is being done in fa…
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