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…-incentives Create TIP-131
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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 | ||
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## Simple Summary | ||
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Extend current LP incentives program on Optimism. | ||
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## Abstract | ||
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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. | ||
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Reward structure would stay as: | ||
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- 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 | ||
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These emissions are to run **until further revaluation**. | ||
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## Motivation | ||
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Current ratio of incentives between Arrakis Uniswap wrapper and Velodrome provides a healthy, risk-shared and comfortable distribution of on-chain liquidity. | ||
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## Specification | ||
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This TIP entials the Thales Protocol DAO and Treasury DAO to facilitate the following emissions: | ||
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- 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 | ||
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Bribes collected through voting in Velodrome are to be compounded into both pools weekly along with the claim of the veVelo rebase. | ||
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The incentives in this proposal are to be valid **until further revaluation** from implementation. | ||
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## Implementation | ||
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n/a | ||
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## Copyright | ||
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Copyright and related rights waived via CC0. |