#209·Prolong existing Polkadot Hydration farms

Democracy
1mo ago
9 Comments
Executed

This proposal, if approved, will transfer 35,483 vDOT and 9,134,883 HDX from the Hydration Treasury to 26 Global Farms in order to extend the duration of the existing Polkadot Hydration farms by 2 weeks, 2 days, 22 hours, 22 minutes & 22 seconds.

This will allow token holders to discuss the second batch of farms for a longer period, including reviewing the impact of other liquidity incentives going live on the 11th September.

Edited
Reply
Up 2
Share
Votes
93.2%Aye
Passing thresholdSimpleMajority
6.8%Nay
Aye
833.09MHDX
Nay
61.22MHDX
Turnout
214.4MHDX
Electorate
0HDX
Passed
  • Call
  • Metadata
  • Timeline3
  • Votes Bubble
Comments
Sort by
Oldest

I don’t think we should give more to LPs, either they can wait a bit or they can move and come back later.

Reply
Up 1

I could agree for a few days of prolongation, maybe 1 week, financed by the treasury but this amount and such a long period seem excessive to me compared to the total treasury. I will enjoy the rewards is the ref is ayed but I don't think it is the best choice

Reply
Up 2

Nay

Reply
Up 1

Short sighted behavior, the treasury's funds are suggested to be used for repurchasing and burning.

Reply
Up 1

I say give it a break then offer another bonus down the line. if the market picks up it would be a good tim to offer the incentives again. Hydration is cruising atm lets sail through the tough conditions

Reply
Up

good to see hydration gov getting slightly spicy. LFG team!

Reply
Up 1

It would be good if more ppl would vote!
I'd like to see a bigger voter turnout, especially the majority of those who no doubt have been enjoying the farm rewards!

Reply
Up 1