Crescent

Orderbook DEX

Proposal Details

Proposal #76

Passed

Proposal title

Reallocation of LP farming plan - Incentivize AXL pair

Submit time

Deposit end time

Voting start time

Voting end time

Tally result

99.77%

Proposal #76 description

This governance proposal is to initiate reallocation of the current farming plan to accommodate newly incentivized pairs and weight adjustments.

AXL/bCRE pair incentivization forum discussion: https://commonwealth.im/crescent-forum/discussion/9781-axelar-network-axl

The Crescent Foundation proposes the following farming weights below::

  • Newly Incentivized Farming Pair
    • AXL / bCRE pair: 6%
    • CMST / USDC.grv: 1%
  • Farming Weight Adjustment
    • INJ / bCRE pair: 2% > 3%
    • LUNC / bCRE pair: 6% > 4%
    • LUNA / bCRE pair: 6% > 5%
    • Reserve(Module Account): -3% > -8%

**The proposed farming weight reallocation will utilize the unused farming rewards accrued within the Module Account.

  • Unchanged Farming Weights
    • bCRE / CRE pair: 15%
    • ATOM / USDC.grv pair: 10%
    • ATOM / USDC.axl pair: 4%
    • bCRE / IST pair: 1%
    • bCRE / CMST pair: 1%
    • USDC.axl / USDC.grv pair: 2%
    • IST / USDC.grv pair: 1%
    • IST / USDC.axl pair: 1%
    • CMST / USDC.axl pair: 1%
    • ATOM / bCRE pair: 35%
    • GRAV / bCRE pair: 3%
    • BLD / bCRE pair: 6%
    • CMDX / bCRE pair: 3%
    • JUNO / bCRE pair: 6%

Proposal #76 overview

Total votes
3,161
Voters
1,050
Total deposit
2,000 CRE