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Proposal #69

Incentivization of Dexter pools with XPRT from Dexter Grant for February 2024

PassedExecute Contract

Passed on 04 Feb 2024 with 94.7% of the votes for yes.

Yes

94.7%

100.0% without abstain

Veto

0.0%

of votes cast

Ended

04 Feb 2024

The ballotvotes cast · final tally
Yes

94.75%

of votes cast

Abstain

5.25%

of votes cast

No

0.00%

of votes cast

Veto

0.00%

of votes cast

[Hidden link] made XPRT the governing token of Dexter, which includes creating reward schedules (incentivization) of pools on Dexter. It is proposed that the stkATOM, PSTAKE, USDC, USDT, and DYDX pools be incentivized for 30 days when the ongoing incentive cycle ends for the respective pools in February 2024 as follows:

  • ATOM/stkATOM - 4,500 XPRT
  • PSTAKE/XPRT - 6,178 XPRT
  • USDC/USDT - 30,000 XPRT
  • DYDX/USDC - 5,000 XPRT

These are the last tranche of incentives from the Dexter Grant from Persistence Proposal 13 that were allocated for early liquidity bootstrapping. Liquidity incentivization in the future is subject to another community spend proposal.

Upon proposal passing, the rewards will automatically be created on the Dexter multi-staking contract using the Dexter Governance Admin contract trigger

Voting

  • By voting YES, you agree to the proposed XPRT incentives from the Dexter Grant.
  • By voting NO, you disagree with the proposed XPRT incentives from the Dexter Grant.
  • By voting NO WITH VETO, you think this is a SPAM proposal or harmful in any way, and the proposal’s creator should lose their deposit.
  • By voting ABSTAIN, you choose not to participate in this proposal’s voting; however, you contribute to the quorum.

Timeline

  1. Submitted30 Jan 2024
  2. Voting started30 Jan 2024
  3. Voting ended04 Feb 2024
  4. Deposit deadline31 Jan 2024

Proposer

Address
persiste…u3czty
Deposit3.5K

Rules

Not recorded for this proposal.