#149·Increase multiplier for HDX vDOT farm to 2x

Democracy
2 Comments
Executed

This proposal, if approved, will increase the multiplier for HDX rewards on vDOT farming positions to 2x - therefore increasing the reward range to 5-10% from 2.5-5%.

The rationale behind this is that the farms are currently only ~20% full, meaning the incentives will last much longer than originally planned. In order to attract additional vDOT liquidity we propose to boost the reward rate.

Edited
Reply
Up 2
Share
  • Business
  • Call
  • Metadata
  • Timeline11
Comments

Multiply rewards - multiply inflation - beat the price of HDX.
Lolmcshizz maybe you will finally pay attention to the dead marketing of the project? You should not try to solve the problem only with the axe of the reward multiplier, for example, try to come up with a Marketing plan for HydraDX. The project needs to expand coverage, not inflation.
P.S. or How much vDOT did you buy yourself Lolmcshizz?

Reply
Up

By following with this referenda, Bifrost has exeucted the same call to increase $BNC on vDOT farming positions to 2x.

Here is the TX: https://hydradx.subscan.io/extrinsic/0x642b73ebb548ca528745386954dd2174a281edcb037e8df0c06ff59ac931f0cb

Reply
Up