Proposals of #69

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

Execute Contract
passed
Expected result
Turnout / Quorum
85.67% / 40.00%
Voting start 2024.01.30 at 09:01:42
Voting end 2024.02.04 at 09:02:42
94.75%
112 102 822 xprt
Yes
0.00%
214 xprt
No
0.00%
95 xprt
Veto
5.25%
6 214 323 xprt
Abstain

Details

Proposer
persistence16vcsfzdta...
Total deposit
3 500 xprt
Submit time
2024.01.30 at 09:01:42
Deposit end time
2024.01.31 at 09:01:42

Description

Persistence Proposal 61 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.

Votes

Voter
Answer