Week 6 distribution:
Also for Week 6 we propose the reward of 150,000 DOUGH among all Liquidity Providers to eligible pools. Please note the amended proposal below:
Rewards would be distributed through the following incentive programs:
- L2 Trading Incentives - We’ll keep running for the second week the trading incentives on Loopring’s L2 zkRollup DEX for the pairs $DOUGH/ETH, $DEFI+S/ETH & $DEFI+L/ETH, as detailed here
- DEFI+S/ETH - the pool will keep receiving 20,000 DOUGH as a weekly reward distributed to LPs which staked their BPTs, proportionally to their BPT share per second.
- DEFI+L/ETH - the pool will keep receiving 20,000 DOUGH as weekly reward eventually distributed to LPs according to the token geyser logic (deposit-seconds & accrued multiplier).
DOUGH/ETH - the pool will receive 90,000 DOUGH as a nominal weekly reward distributed to LPs, of which
- 72% distributed liquid along the week
28% escrowed within the staking contract, and subject to 52 weeks vesting from the moment they are claimed
Weekly reward distribution to staked BPT of the DOUGH/ETH pool will start as of Friday, November 6th, 4pm UTC.
DEFI++ - To celebrate the launch of our DEFI++ Index, we propose to allocate 20,000 DOUGH as a nominal weekly reward distributed to LPs which will stake their DEFI++ starting from Today, November 06th, to the newly deployed staking contract
NOTE: ONLY DEFI++ should be staked to the contract, no ETH required! Rewards to the DEFI++ staking pool will be fully escrowed and subject to vesting over 52 weeks.