Details

• Uniswap UP/WETH Pool: https://app.uniswap.org/explore/pools/base/0x9EF81F4E2F2f15Ff1c0C3f8c9ECc636580025242
• Gamma wide position: https://app.gamma.xyz/vault/uni/base/details/weth-up-3000-wide
• Using an initial price of UP of $0.0072
• $8,000 / $0.0072 = 1,111,111 UP rewards per month
• Total 2,222,222 UP (0.22% of supply) for a two month period
• Incentives will begin immediately upon execution of this proposal

Discussion

• Discussion: See "DEX selection" thread in Discord
• Passing snapshot: https://snapshot.org/#/unlock-dao.eth/proposal/0xfced5da7b05d9b723700b4105bd22a3073fe0bbd66a4a9e2251ed7180729ab14

Smart Contract execution

Steps:

1. Approve the rewarder contract to spend 2,222,222 UP. "approve(address,uint256)" 0xc168131217226cb863d620c0a575b84f7dffb986 2222222000000000000000000
2. Set the reward time to 8 weeks (in seconds). "setRewardsDuration(address, uint256)" 0xaC27fa800955849d6D17cC8952Ba9dD6EAA66187 4838400
3. Call notifyRewardAmount to start incentives. "notifyRewardAmount(address, uint256)" 0xaC27fa800955849d6D17cC8952Ba9dD6EAA66187 2222222000000000000000000