ExecutedProposal 7972…7933
LP Incentives Round 2
The goal of this proposal is to sustain the existing UP/ETH liquidity until more protocol-owned liquidity can be deployed.
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
- 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
Smart Contract execution
Steps:
- Approve the rewarder contract to spend 2,222,222 UP. `"approve(address,uint256)" 0xc168131217226cb863d620c0a575b84f7dffb986 2222222000000000000000000`
- Set the reward time to 8 weeks (in seconds). `"setRewardsDuration(address, uint256)" 0xaC27fa800955849d6D17cC8952Ba9dD6EAA66187 4838400`
- Call notifyRewardAmount to start incentives. `"notifyRewardAmount(address, uint256)" 0xaC27fa800955849d6D17cC8952Ba9dD6EAA66187 2222222000000000000000000`
Vote breakdown
For
7,569,967.78
100.0%
Against
0
0.0%
Abstain
0
0.0%
Quorum
Reached7,569,967.78 UP voted (quorum: 0)
Proposed calls
Call 1
Value: 0 ETH
UPToken.approve()
0xC168131217226cb863D620C0a575b84F7dFfB986, 2222222000000000000000000
Call 2
Value: 0 ETH
0xc168131217226cb863d620c0a575b84f7dffb986
0x2378bea6000000000000000000000000ac27fa800955849d6d17cc8952ba9dd6eaa66187000000000000000000000000000000000000000000000000000000000049d400
Call 3
Value: 0 ETH
0xc168131217226cb863d620c0a575b84f7dffb986
0xb66503cf000000000000000000000000ac27fa800955849d6d17cc8952ba9dd6eaa6618700000000000000000000000000000000000000000001d692e560bb3d79780000