ingestion: archive futardio proposal — 2024-10-22-futardio-proposal-increase-ore-sol-lp-boost-multiplier-to-6x.md
This commit is contained in:
parent
7273ed3cd1
commit
98ad22c024
1 changed files with 75 additions and 0 deletions
|
|
@ -0,0 +1,75 @@
|
|||
---
|
||||
type: source
|
||||
title: "Futardio: Increase ORE-SOL LP boost multiplier to 6x"
|
||||
author: "futard.io"
|
||||
url: "https://www.futard.io/proposal/A19yLRVqxvUf4cTDm6mKNKadasd7YSYDrzk6AYEyubAC"
|
||||
date: 2024-10-22
|
||||
domain: internet-finance
|
||||
format: data
|
||||
status: unprocessed
|
||||
tags: [futardio, metadao, futarchy, solana, governance]
|
||||
event_type: proposal
|
||||
---
|
||||
|
||||
## Proposal Details
|
||||
- Project: ORE
|
||||
- Proposal: Increase ORE-SOL LP boost multiplier to 6x
|
||||
- Status: Passed
|
||||
- Created: 2024-10-22
|
||||
- URL: https://www.futard.io/proposal/A19yLRVqxvUf4cTDm6mKNKadasd7YSYDrzk6AYEyubAC
|
||||
- Description: This proposal seeks to increase the boost multiplier for ORE-SOL LP to 6x (from the current 4x).
|
||||
- Categories: {'category': 'Dao'}
|
||||
|
||||
## Summary
|
||||
|
||||
### 🎯 Key Points
|
||||
The proposal aims to increase the ORE-SOL LP boost multiplier from 4x to 6x to enhance liquidity, gather data on boost impacts, and explore the application of futarchy within the ORE community.
|
||||
|
||||
### 📊 Impact Analysis
|
||||
#### 👥 Stakeholder Impact
|
||||
Liquidity providers may benefit from increased incentives, potentially leading to a more robust trading environment.
|
||||
|
||||
#### 📈 Upside Potential
|
||||
The higher multiplier could attract more liquidity, improving market depth and overall trading efficiency.
|
||||
|
||||
#### 📉 Risk Factors
|
||||
Increasing the multiplier may not adequately mitigate the risks faced by liquidity providers, potentially leading to reduced participation if market volatility persists.
|
||||
|
||||
## Content
|
||||
|
||||
## Summary
|
||||
|
||||
This proposal seeks to increase the boost multiplier for ORE-SOL LP to 6x (from the current 4x).
|
||||
|
||||
## Overview
|
||||
|
||||
Boosts are an ORE-native incentive mechanism for turning capital into “virtual hashpower”. They allow miners to stake select tokens and earn multipliers on their mining rewards. Currently, ORE supports boost multipliers for 3 different tokens:
|
||||
|
||||
- ORE-SOL LP (4x)
|
||||
- ORE-ISC LP (4x)
|
||||
- ORE (2x)
|
||||
|
||||
With the launch of boosts just over one week ago, ORE saw a significant rise in the total value of liquidity provided to the boosted trading pools. This proposal seeks to increase the multiplier for the ORE-SOL LP to further increase liquidity and better understand how boost multipliers affect the targeted markets.
|
||||
|
||||
## Objectives
|
||||
|
||||
1. Increase TVL in the ORE-SOL liquidity pool.
|
||||
* Liquidity providers take on a lot of risk, especially for volatile trading pairs such as ORE and SOL. To increase liquidity in these markets, the incentives for liquidity providers have to counterbalance the risks.
|
||||
* By increasing the ORE-SOL LP multiplier to 6x, we can offer greater incentives for ORE-SOL liquidity providers and potentially increase the overall market depth.
|
||||
2. Gather data to understand how changes in boost multipliers affect the liquidity.
|
||||
* Boosts are only 1 week old. The passing of this proposal would mark the first time any multiplier has been changed.
|
||||
* By increasing the ORE-SOL LP multiplier to 6x, we can gather more data from the market and better understand how changes to boosts multipliers affect the overall ORE liquidity network.
|
||||
3. Introduce futarchy to the ORE community.
|
||||
* Futarchy has recently emerged as a novel governance mechanism for teams across crypto. It has potential applications for ORE ranging from small operational decisions to the management of critical systems such as the supply function.
|
||||
* Futarchy is still a very nascent technology and before we can seriously consider integrating it into critical ORE systems, we need to understand it better. This proposal is intended to serve as a low-risk testrun for the ORE community to learn more about futarchy and how it works.
|
||||
|
||||
|
||||
## Raw Data
|
||||
|
||||
- Proposal account: `A19yLRVqxvUf4cTDm6mKNKadasd7YSYDrzk6AYEyubAC`
|
||||
- Proposal number: 1
|
||||
- DAO account: `7XoddQu6HtEeHZowzCEwKiFJg4zR3BXUqMygvwPwSB1D`
|
||||
- Proposer: `proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2`
|
||||
- Autocrat version: 0.3
|
||||
- Completed: 2024-10-26
|
||||
- Ended: 2024-10-26
|
||||
Loading…
Reference in a new issue