Proposal Details

Proposal #121

Rejected

Proposal title

Crescent External Incentives

Submit time

Deposit end time

Voting start time

Voting end time

Tally result

59.25%

Proposal #121 description

Summary:

This proposal is to fund Evmos external incentives on Crescent. In order to spur initial TVL accumulation on Crescent DEX’s EVMOS/bCRE pair we request an allocation of 88,020 EVMOS(appx. 41,973 USD as of Feb 2nd) or 977 EVMOS/day from the Community Treasury to be utilized as farming incentives for the pair for 90 days.

Crescent has already incentivized EVMOS/bCRE as well as stEVMOS/EVMOS pair on Crescent DEX.

The funds will be managed by a multisig wallet at the address below, and includes the following members:

Address: 0x82F2796AAE0bbB8Cf15dF2f47EFA5737F6A102c4

evmos1ste8j64wpwaceu2a7t68a7jhxlm2zqky7x40ez

bennylava - Evmos Community Manager/Evmos Governance Workstream
LPX - Evmos Governance Workstream
Glenn - PM, Crescent Foundation
Provalidator - Evmos Validator

Weighted 3/4

Goals

In alignment with Crescent community demand, Crescent has proposed a Liquidity Driver Period of about 90 days at 6%(5,622 CRE / Day) of the farming allocation in CRE to the EVMOS/bCRE pair.

In addition, Crescent has incentivized stEVMOS / EVMOS pair at 468.6 CRE / day, which will allow EVMOS holders to swap between the two assets, negating unbonding times required. The liquidity amplification of the ranged pool will allow for very low slippage swaps compared to basic AMM.

You can find the community discussion here: https://commonwealth.im/evmos/discussion/9914-temperature-check-external-incentives-on-crescent

Proposal #121 overview

Total votes

6,362

Voters

6,125

Total deposit

3,500 EVMOS

Proposal #121 votes

#	Validator	Options
1	Crosnest	No
2	Alphabet	Yes
3	Validatus	Abstain
4	CLOSING 2024.03.31 REDELEGATE	No
5	AgoraNodes	No
6	Coverlet	Yes
7	StakeLab.zone	Yes
8	Node is being decommissioned	No
9	silent	Abstain
10	POSTHUMAN ꝏ DVS	No
11	Allnodes	No
12	DefierEvmos	No
13	GATA HUB	No
14	Chill Validation	No
15	HoodRun	Yes
16	heisenbug	Abstain
17	Shutting Down \| Please Redelegate	Abstain
18	TC Network	No
19	Jerry's Pool	Yes
20	HashKey Cloud	Abstain
21	<decommissioned>	No
22	Polychain	No
23	ChainTools	Abstain
24	wb3addctd	Abstain
25	SG-1	Abstain
26	0base.vc	Yes
27	Klub Staking - SHUTTING DOWN - Redelegate to Meria	Yes
28	Stakely.io	Abstain
29	Chorus One	No
30	DragonStake 🐲	Abstain
31	a41	No
32	Citadel.one	Abstain
33	CosmosPug 🍒	No
34	Element	No
35	[Beehive]	Yes
36	blockscape	Abstain
37	Coinage x DAIC	Yes
38	WhisperNode🤐	No
39	Stake Frites 🥩 🍟	No
40	Informal Systems	No
41	Please REDELEGATE	Yes
42	Citizen Web3	Abstain
43	Bro_n_Bro	Abstain
44	binary_holdings	No
45	Frens (🤝,🤝)	No
46	Interop	No
47	Multiplex	No
48	sleepykitten	No
49	REDELEGATE \| CLOSING 06/06/23	No
50	Shutdown-REDELEGATE	No
51	Disperze	No
52	alkadeta	No
53	Regenerator \| Green Validator 🌱	No
54	Redelegate-to-new-Stakecito-Node	No
55	GalaxyStaking.space 🌑	Yes
56	Smart Stake 📈📊	Yes
57	Legion Nodes	No
58	Let's Node!	No
59	SecorD	No
60	Mandragora	Abstain
61	jabbey	No
62	01node	Abstain
63	Lavender.Five Nodes 🐝	No
64	MZONDER	Yes
65	✅ CryptoCrew - 100% MEV revenue to Evmos stakers! #IBCgang #REstake	Yes
66	Active Nodes	No
67	P2P Validator	Yes
68	ZKValidator	Abstain
69	Qubelabs	No
70	[Sunsetting, please redelegate] Forbole	Yes
71	Keplr (Shutting down on Nov 30)	No
72	Cosmostation	Yes
73	Architect Nodes	Abstain
74	kallen	No
75	ericet	No
76	Blockwavelabs	Yes
77	Cypher Core	Abstain
78	DO-NOT-DELEGATE	Abstain
79	Notional	No
80	Please Redelegate, Closing Down.	No
81	Tessellated	Yes
82	votes4volunteers	Abstain
83	evmos4volunteers	Abstain
84	carbonZERO🌲	No
85	windpowerstake	Yes
86	Tedcrypto.io 🧸 \| TedLotto	Yes
87	Cosmoshield	No
88	TR-3B ASTRA	No
89	polkachu.com	Yes
90	DeFi100-iCosmosDAO 💯⚛️	Abstain
91	Provalidator	Yes
92	BitNordic	Abstain
93	ECO Stake 🌱	No
94	Swiss Staking	No
95	Golden Ratio Staking	No
96	Imperator.co	Abstain
97	RHINO \| 10% to Wildlife	No
98	pro-nodes75	Abstain
99	Paranormal Brothers	Abstain
100	BlockHunters 🎯	Abstain

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