forked from thales-markets/thales-improvement-proposals
-
Notifications
You must be signed in to change notification settings - Fork 0
Commit
This commit does not belong to any branch on this repository, and may belong to a fork outside of the repository.
- Loading branch information
svenskafr
authored
Mar 6, 2023
1 parent
7622d42
commit 2bfb7f7
Showing
1 changed file
with
44 additions
and
0 deletions.
There are no files selected for viewing
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
Original file line number | Diff line number | Diff line change |
---|---|---|
@@ -0,0 +1,44 @@ | ||
| id | Title | Status | Author | Description | Discussions to | Created | | ||
| ----------- | ----------- | ----------- | ----------- | ----------- | ----------- | ----------- | | ||
| TIP-131 | Extend LP Incentives on Optimism | Draft | Svenska (@svenskafr) / Milkywave | Extension of LP Incentives on Optimism | https://discord.gg/thales | 2023-03-06 | ||
|
||
|
||
## Simple Summary | ||
|
||
Extend current LP incentives program on Optimism. | ||
|
||
## Abstract | ||
|
||
This TIP proposes to extend our current incentives program on Arrakis for THALES-WETH pool and bribes to Velodrome THALES-USDC and THALES-WETH pools. | ||
|
||
Reward structure would stay as: | ||
|
||
- Arrakis THALES/WETH pool incentives: 3,000 OP + 30,000 THALES per week | ||
- Velodrome THALES/USDC pool bribes: 8,000 THALES per week | ||
- Velodrome THALES/WETH pool bribes: 8,000 THALES per week | ||
|
||
These emissions are to run **until further revaluation**. | ||
|
||
## Motivation | ||
|
||
Current ratio of incentives between Arrakis Uniswap wrapper and Velodrome provides a healthy and comfortable distribution of on-chain liquidity. | ||
|
||
## Specification | ||
|
||
This TIP entials the Thales Protocol DAO and Treasury DAO to facilitate the following emissions: | ||
|
||
- Arrakis Thales/WETH rewards - 3,000 OP + 30,000 Thales per week | ||
- Velodrome Thales/WETH bribes - 8,000 Thales per week + 50% veVELO NFT vote | ||
- Velodrome Thales/USDC bribes - 8,000 Thales per week + 50% veVELO NFT vote | ||
|
||
Bribes collected through voting in Velodrome are to be compounded into both pools weekly along with the claim of the veVelo rebase. | ||
|
||
The incentives in this proposal are to be valid **until further revaluation** from implementation. | ||
|
||
## Implementation | ||
|
||
n/a | ||
|
||
## Copyright | ||
|
||
Copyright and related rights waived via CC0. |