Proposals of #276

WYND DEX External Incentives for JUNO/USDC Pool

Exec Legacy Content
passed
Expected result
Turnout / Quorum
100.93% / 33.40%
Voting start 2023.03.19 at 02:03:26
Voting end 2023.03.24 at 02:03:26
92.60%
37 959 035 juno
Yes
2.48%
1 014 975 juno
No
0.00%
1 160 juno
Veto
4.93%
2 019 411 juno
Abstain

Details

logo
Proposer
-
Total deposit
1 000 juno
Submit time
2023.03.18 at 23:03:26
Deposit end time
2023.03.29 at 00:03:26

Description

Summary

In February, the WYND team initiated a discussion on the Juno Commonwealth seeking external incentives. We listened to the feedback of the Juno community and decided to submit proposals for individual pools as we continue to prove ourselves the Juno community. You can find the full discussion on CommonWealth

The WYND team is requesting 120,000 $JUNO to be distributed as incentives in the JUNO/USDC pool over the next three months. This represents 10% of the remaining tokens held by the multisignature wallet managing the old Junoswap incentives. Increasing liquidity in this pool will have a stabilizing benefit to the $JUNO token and ecosystem at large.

With the launch of WYND DEX and LSD within 2 months, WYND has proven itself to be a valuable contributor to Juno's growth and a committed builder. Additional proposals seeking support from Juno will follow as we continue to deliver. We are requesting incentives for a three month period rather than a year, thus enabling the Juno community to continually evaluate our contributions.

Voting

YES - You agree to provide 120,000 $JUNO from the multisignature wallet as external incentives for the JUNO/USDC pool on WYND DEX over the following three months

NO - You don’t agree to provide 120,000 $JUNO from the multisignature wallet as external incentives for the JUNO/USDC pool on WYND DEX over the following three months

ABSTAIN - You formally decline to vote either for or against the proposal

NO WITH VETO - You would like to see depositors penalized by revocation of their 1000 JUNO deposit, and contribute towards an automatic 1/3 veto threshold.

Votes

Voter
Answer