Listing PEPE, SHIB, WIF

This governance vote is for determining the potential listing of markets for PEPE, SHIB and WIF on GMX v2

All three tokens have Oracle feeds that have completed testing and are now available on Chainlink Data Streams’ new timestamp oracles that are available to GMX with the V2.1 update. Chaos Labs has completed a review of the Oracle feeds and provided technical recommendations for initial listing parameters.

Governance Post and discussion on markets and listings with risk paramater recommendations https://gov.gmx.io/t/new-asset-listings-pepe-shib-wif/3661

Each token will have a governance option for backed markets, synthetic markets (ETH-USDC) and not listing.

If both backed and synthetic markets for an asset receive more support than not listing a market both options will be deemed approved and available to the risk committee and admins for making available on GMX v2. In the event that only one or neither option achieve more votes than not listing, one or no market will be deemed approved respectively.

For backed markets PEPE - bridged via layerzero OFT WIF - bridged via Wormhole from Solana SHIB - bridged via Arbitrum canonical bridge

Options Create PEPE synthetic market Create SHIB synthetic market Create WIF synthetic market Create PEPE backed market Create SHIB backed market Create WIF backed market Do not list PEPE market Do not list SHIB market Do not list WIF market

start

July 14, 2024

7:00 PM

end

July 17, 2024

4:01 AM

Voting

off-chain

Voting type

approval

Voters

372

Votes

1,750,422

Final Votes

closed

Create PEPE synthetic market

345.7K sbfGMX

19.75%

Create SHIB synthetic market

363.3K sbfGMX

20.75%

Create WIF synthetic market

345.6K sbfGMX

19.74%

Create PEPE backed market

230.8K sbfGMX

13.18%

Create SHIB backed market

217.3K sbfGMX

12.42%

Create WIF backed market

227.8K sbfGMX

13.01%

Do not list PEPE market

5.6K sbfGMX

0.32%

Do not list SHIB market

5.7K sbfGMX

0.33%

Do not list WIF market

8.7K sbfGMX

0.49%

item label

Placeholder title of a dao proposal

DAO name

0x000000000000

Mon 00, 2024 00:00

About Voters Analytics

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Voting

100,000

Voting type

100,000

Starts in

100,000

Voters

1,000,000

Votes

1,000,000

Votes

Choice label

TICKER

100%

Choice label

TICKER

100%

Choice label

TICKER

100%