Prop 81: Incentivization of Dexter pools with XPRT and PSTAKE rewards for March 2024
Proposal
Persistence Proposal 61 made XPRT the governing token of Dexter, which includes creating reward schedules (incentivization) of pools on Dexter.
This proposal aims to incentivize Dexter pools with PSTAKE incentives for March 2024 and suggest a reward schedule change in the previous XPRT incentivization proposal: Prop 79
PSTAKE Incentives
Dexter is the primary liquidity base for stkATOM and stkDYDX. It is proposed to incentivize stkATOM and stkDYDX pools with PSTAKE incentives for 31 days when the ongoing incentive cycle ends for the respective pools in March 2024 as follows:
- stkATOM/ATOM - 200,000 PSTAKE
- stkDYDX/DYDX - 150,000 PSTAKE
XPRT Incentives change
Proposal 79 allocated 40,000 XPRT for the USDC/USDT pool and 10,000 XPRT for the XPRT/USDT pool. This proposal suggests:
- Increasing the allocated amount to a total of 50,000 XPRT for the USDC/USDT pool (an increase of 10,000 XPRT)
- Adding incentives to XPRT/USDT Pool - 10,000 XPRT (remaining from Proposal 79)
Upon proposal passing, the rewards will automatically be created on the Dexter multi-staking contract using the Dexter Governance Admin contract trigger.
Voting
YES: You agree to the proposed rewards schedule for Dexter pools.
NO: You disagree with the proposed proposed rewards schedule for Dexter pools.
NO WITH VETO: You think this is a SPAM proposal or harmful in any way, and the proposal’s creator should lose their deposit.
ABSTAIN: You choose not to participate in this proposal’s voting; however, you contribute to the quorum.