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Merge pull request thales-markets#59 from svenskafr/TIP--extend-op-lp…
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Create TIP-131
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scvija authored Mar 6, 2023
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9 changes: 5 additions & 4 deletions README.md
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| TIP-119 | [Integrate XAU and XAG as available assets on Thales Marketplace](TIPs/TIP-119.md) | Implemented |
| TIP-120 | [Unify market claim window](TIPs/TIP-120.md) | Implemented |
| TIP-121 | [Solution for refunding SafeBox fee to cancelled positions](TIPs/TIP-121.md) | Draft |
| TIP-122 | [Additional LP Incentives Tapering](TIPs/TIP-122.md) | Draft |
| TIP-122 | [Additional LP Incentives Tapering](TIPs/TIP-122.md) | Implemented |
| TIP-123 | [Grant funding for an alternative Overtime dApp](TIPs/TIP-123.md) | Implemented |
| TIP-124 | [Pause Buyback and Burn Program for Thales Token](TIPs/TIP-124.md) | Implemented |
| TIP-125 | [Deploy Gamified Staking and co-incentivized Camelot THALES/WETH pool on Arbitrum](TIPs/TIP-125.md) | Draft |
| TIP-125 | [Deploy Gamified Staking and co-incentivized Camelot THALES/WETH pool on Arbitrum](TIPs/TIP-125.md) | Implemented |
| TIP-126 | [Reduce SafeBox fee parameter by fixed **-1%** across all products](TIPs/TIP-126.md) | Implemented |
| TIP-127 | [Reduce min_spread that ParlayAMM pays to SportsAMMs](TIPs/TIP-127.md) | Draft |
| TIP-127 | [Reduce min_spread that ParlayAMM pays to SportsAMMs](TIPs/TIP-127.md) | Implemented |
| TIP-128 | [Allow treasury to purchase and burn discounted CC tokens](TIPs/TIP-128.md) | Implemented |
| TIP-129 | [Parlay Vaults](TIPs/TIP-129.md) | Draft |
| TIP-130 | [Add Enetpulse as a data provider to Overtime](TIPs/TIP-130.md) | Draft |
| TIP-130 | [Add Enetpulse as a data provider to Overtime](TIPs/TIP-130.md) | Voted in |
| TIP-131 | [Extend LP Incentives on Optimism](TIPs/TIP-131.md) | Draft |



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44 changes: 44 additions & 0 deletions TIPs/TIP-131.md
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| 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, risk-shared 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.

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