Proposals of #88

Change of PSTAKE incentive schedule for Dexter pools for April 2024

Execute Contract
passed
Expected result
Turnout / Quorum
73.23% / 40.00%
Voting start 2024.04.02 at 16:04:40
Voting end 2024.04.07 at 16:04:40
95.23%
96 312 590 xprt
Yes
0.02%
15 446 xprt
No
0%
0 xprt
Veto
4.75%
4 807 352 xprt
Abstain

Details

Proposer
persistence16vcsfzdta...
Total deposit
3 500 xprt
Submit time
2024.04.02 at 16:04:40
Deposit end time
2024.04.03 at 16:04:40

Description

Dexter is the primary liquidity base for PSTAKE LSTs like stkATOM, stkDYDX and stkSTARS. Due to a small operational error in the previous incentivization proposal, extra rewards were allocated to the stkATOM/ATOM pool which means more APY for the stkATOM/ATOM LP stakers but at the same time incentives for stkSTARS/STARS pool were not allocated correctly.

PSTAKE team therefore proposes change in the incentivization schedule for Dexter pools for April 2024 as follows:

stkATOM/ATOM: 185,000 PSTAKE (increased from 150,000 PSTAKE) stkSTARS/STARS: 35,000 PSTAKE

Voting

YES: You agree to the proposed change of rewards schedule for Dexter pools.

NO: You disagree with the proposed changed of rewards schedule for Dexter pools.

NO WITH VETO: You think this is a SPAM proposal or harmful in any way, and the proposal's creator should lose their deposit.

ABSTAIN: You choose not to participate in this proposal's voting; however, you contribute to the quorum.

Votes

Voter
Answer