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Prop 156: Proposal for external incentives to Cresecent DEX LP bCRE/GRAV

Details

Previous incentives (Proposal 78) for bCRE/GRAV LP at Crescent DEX expired earlier in March. According to Commonwealth and discord discussions GB community agreed to renew those incentives for bCRE/GRAV pool.

This proposal would allocate 18,000,000 Gravitons (18M GRAV) from the community pool to provide external incentives to the bCRE/GRAV LP on Crescent DEX. It will be paid out to liquidity providers over 180 days (100k GRAV per day).

If passed, this proposal would transfer 18M Gravitons from the Gravity Bridge community pool togravity1nhwag4qqrw6z56tcl9vt64jue9cywur9ljhspt. As this proposal is renewal of previous incentives, this time it won't be a multisig transaction. Address gravity1nhwag4qqrw6z56tcl9vt64jue9cywur9ljhspt was provided and confirmed by Crescent' team member.

Voting

  • Voting YES for this proposal you agree that GB community should prolong external incentives for bCRE/GRAV LP at Crescent DEX. As result 18 million Gravitons will be transferred to Crescent' team wallet gravity1nhwag4qqrw6z56tcl9vt64jue9cywur9ljhspt.
  • Voting NO for this proposal you disagree with extra incentives for bCRE/GRAV LP at Crescent DEX.

Authors

  • Justin | Althea
  • SW33 | Pro-Nodes validator