dhive

SIP-43: Add L2DAO-USDs farm to the SPA Gauge


Author: Layer2DAO protocol core team Reference: https://www.layer2dao.org/, https://docs.layer2dao.org/ Created: April 24, 2023 Labels: #Liquidity-mining

Simple Summary

Layer2DAO offers to add the Demeter farm L2DAO-USDs (Camelot) to the SPA Gauge.

Motivation

Adding L2DAO-USDs to the SPA Gauge will support the liquidity mining of L2DAO, provide utility for USDs, increase Sperax TVL, and reward SPA stakers.

Overview

Layer2DAO is creating a L2DAO-USDs farm on Demeter which will be launched soon. We plan to support SPA stakers with L2DAO bribes and thus propose to add the farm to the Gauge to foster L2DAO liquidity, increase Sperax TVL, and drive revenue to Sperax USD protocol and SPA stakers.

Technical Specification

Add to the Gauge the farm L2DAO-USDs launched on Demeter

Voting

For

Add L2DAO-USDs farm to the Gauge

Against

Don’t add the farm to the Gauge

Warning

Exercise caution when exploring DAO proposals. Proposals can be submitted by any member of the community so there's an inherent risk of encountering scams or deceptive links. Always critically assess the validity of each proposal and its links before taking action.
start
April 30, 2023
4:29 AM
end
May 3, 2023
4:29 AM

Voting type
single-choice
Votes
459,162,185

Final Votes
closed

For
459M veSPA
99.97%
Against
122.4K veSPA
0.03%