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

start

April 30, 2023

4:29 AM

end

May 3, 2023

4:29 AM

Voting

off-chain

Voting type

single-choice

Voters

4,500

Votes

459,162,185

Final Votes

closed

For

459M veSPA

99.97%

Against

122.4K veSPA

0.03%

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%