Week 8 distribution:
Week 8 will see a total reward of 150,000 DOUGH distributed among all Liquidity Providers to eligible PieDAO pools!
Specifically, rewards will be distributed through the following incentive programs:
L2 Trading Incentives - We’ll keep running for the fourth & last week the trading incentives on Loopring’s L2 zkRollup DEX for the $DOUGH/ETH, $DEFI+S/ETH & $DEFI+L/ETH pairs, 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).
DEFI++ - 20,000 DOUGH will be proposed again as a nominal weekly reward distributed pro-rata to LPs staking their DEFI++ (fully escrowed and subject to vesting over 52 weeks).
NOTE: ONLY DEFI++ should be staked to get reward, no ETH required!
DOUGH/ETH - the pool will receive 90,000 DOUGH as a nominal weekly reward distributed to LPs, of which
- 52% distributed liquid along the week
48% 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 20th, 4pm UTC.