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Gearbox · closed proposal

[GIP-39] Liquidity and Liquidity Mining Update

0xeEEC…65a3·ended 3y ago·Discussion ↗
Voters
316
GEAR voted
260.19M
Token price

AI summary

Summary pending — generation runs every 15 minutes.

Voting results

Quorum
260.19M / 200.00M GEAR(130%)
✓ Quorum met
Do All129.10M (49.6%)
Do All Except Treasury Funds0 (0.0%)
Do Only Curve Bribes (No Bal)0 (0.0%)
Do Something Else/Keep As Is131.09M (50.4%)
260.19M GEAR · 316 votersblock 16616799

🐳 Whale votes

0 votes > 5% VP
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Full proposal

Original markdown · Gearbox

Proposal

  1. Multisig is to seed a new 50/50 GEAR/stETH pool on Balancer with 0.3% fee, using 300 ETH from strategic round 2 funds and matching value in GEAR from the main treasury.
  2. Modify liquidity mining from GIP-36 from 4 months to 6 months, keeping the total quantity the same (13.33m GEAR)
  3. Divert 1/3rd of liquidity mining funds from GIP-36 to bribing the Balancer pool through Aura/Hidden Hand.
  4. Switch all remaining liquidity mining (from GIP 36 and Cider'd) to bribe vlCVX voters through votium
  5. DAO will col…

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