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id Title Status Author Description Discussions to Created
TIP-67 Velodrome bribes program Implemented Danijel (@danijelthales) This TIP proposes a 10 weeks velodrome bribes program with 50k THALES total amount https://discord.gg/8bzFdpGTrp 2022-07-10

Simple Summary

This TIP proposes to commence a 10 weeks program for bribing THALES-USDC velodrome pool

Motivation

Velodrome has been hard at work since their launch and it seems en route to establish itself as the dominant DEX protocol on optimism per TVL and volume.
Optimism has clearly expressed their support to Velodrome by allocating them 3,000,000 OP tokens from partners fund.
This TIP aims to establish a bigger THALES presence on Velodrome with a relatively trivial weekly bribe, as advised by Velodrome team.
The program is to be evaluated after 10 weeks.

Thales will still support G-UNI LP staking rewards as voted in TIP-55

Specification

Setup 5,000 THALES weekly Velodrome bribes for 10 weeks for THALES-USDC pool.

Copyright

Copyright and related rights waived via CC0.