Prop 33: Reallocation of LP farming plan - Incentivize CMST and CMDX pairs
This governance proposal is to initiate reallocation of the current farming plan to accommodate newly created pairs and weight adjustments.
CMST & CMDX listing forum discussion: https://commonwealth.im/crescent-forum/discussion/8558-comdex-cmdx-cmst
The Crescent Foundation proposes the following farming weights below::
-
Newly Incentivized Farming Pools
- CMDX / bCRE pair : 3% (2,811 CRE / day)
- bCRE / CMST pair : 1% (937 CRE / day)
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Farming Weight Adjustment
- ATOM/USDC.axl pair : 10% > 7%
- Gradual decrease in consideration of Market Maker Incentives on pair
- INJ/bCRE pair : 6% > 4%
- In consideration of:
- Liquidity and trading demand
- Evaluation of system performance of $INJ
- Market making on Helix for CRE / USDT pair
- Reserve(Module Account): 17% > 18%
- ATOM/USDC.axl pair : 10% > 7%
-
Unchanged Farming Weights
- bCRE / CRE pair: 15%
- USDC.axl / USDC.grv pair: 2%
- IST / USDC.axl (0.99~1.01): 1%
- IST / USDC.grv (0.99~1.01): 1%
- ATOM / USDC.grv pair: 10%
- ATOM / bCRE pair: 35%
- GRAV / bCRE pair: 3%