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Proposal #611

Expedited: Repair migration for already approved CL pools

PassedUpdate Migration Records Proposal

Passed on 08 Sept 2023 with 90.7% of the votes for yes.

Yes

90.7%

100.0% without abstain

Veto

0.0%

of votes cast

Ended

08 Sept 2023

The ballotvotes cast · final tally
Yes

90.72%

of votes cast

Abstain

9.28%

of votes cast

No

0.00%

of votes cast

Veto

0.00%

of votes cast

There was a code bug in the logic that executed [Hidden link]. This has resulted in there being only one Supercharged pool linked to its corresponding Classic pool (stATOM/ATOM).

This has the impact that:

  • Classic positions cannot be migrated to the new Supercharged Pools.
  • Incentives are only being sent to the Supercharged pools, not the already established full range classic positions as well.
  • Liquidity in Supercharged pools is over-incentivized until this proposal passes.

This proposal restores the Classic to Supercharged pool links and allows incentives to be distributed as intended. This is an expedited proposal in order to minimize the time that incentives are distributed incorrectly.

As an expedited proposal, this proposal will pass as long as two-thirds of voting power votes within the first 24 hours. This will cause incentives to resume distribution to Classic pools at Epoch on the 5th September. If this threshold is not met, then this proposal will revert to a five-day proposal, and intended incentive distribution will resume on the 9th September if the proposal is successful.

Timeline

  1. Submitted03 Sept 2023
  2. Voting started03 Sept 2023
  3. Voting ended08 Sept 2023
  4. Deposit deadline17 Sept 2023

Proposer

Address
Deposit5.0K

Rules

Not recorded for this proposal.