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Liqudity Incentives - Round 3


ID 733143...4759

ID 733143...4759

Proposed on: Dec 11th, 2024

Proposed on: Dec 11th, 2024

Result details
Final Votes

Quorum

9.25K of 20K

Majority support

Yes

For

9.25K

Against

0

Abstain

0

Actions

Type

Address

Details

Custom

0x000D...939c

approve(..)

Custom

Account

0x000D...939c

Method

approve(..)

Custom

0x0aFA...5fE4

create(..)

Custom

Account

0x0aFA...5fE4

Method

create(..)

Proposal

Overview

Continue incentives for the OD-ETH position on Camelot

See forum discussion https://commonwealth.im/open-dollar-governance/discussion/25879-short-term-liquidity-incentives-round-3

Details

Duration: 2 months 2024-12-19 00:00:00 to 2025-02-19 00:00:00 Total budget: 17,000 ODG (8,500 ODG per month)

1% of incentives goes to the Camelot team automatically

Details

LPs no longer need to use the Gamma position manager, thanks to the new incentives tool on Camelot. Incentives are now distributed based on fees earned, read more here: https://docs.camelot.exchange/protocol/incentive-system.

The OD-ETH v3 pool is selected because it is used by the protocol oracle to determine the market price of OD.

Analytics: https://info.camelot.exchange/pair/arbitrum/v3/0x824959a55907d5350e73e151ff48dabc5a37a657 Pool: https://arbiscan.io/address/0x824959a55907d5350e73e151ff48dabc5a37a657

Contract Interaction

  1. approve the campaignFactory to spend ODG
  2. Call create on the campaignFactory contract with the proposed parameters https://arbiscan.io/address/0x0afae9fa2954d1f850627df688f0bf09bd595fe4#readProxyContract
create(
token address, // 0x000D636bD52BFc1B3a699165Ef5aa340BEA8939c
pool address, // 0x824959a55907d5350e73e151Ff48DabC5A37a657
incentives uint256, // 17000000000000000000000
startTime uint48, // 1734570000
duration uint48, // 60 days
incentiveType uint8, // 0 for DENY_LIST
address[], // [0x7A528eA3E06D85ED1C22219471Cf0b1851943903] TimelockController
rewardsOptions bytes // 0x0000000000
)
cast calldata "create(address,address,uint256,uint48,uint48,uint8,address[],bytes)" 0x000D636bD52BFc1B3a699165Ef5aa340BEA8939c 0x824959a55907d5350e73e151Ff48DabC5A37a657 17000000000000000000000 1734570000 60 0 '[0x7A528eA3E06D85ED1C22219471Cf0b1851943903]' 0x0000000000
Final Votes

Quorum

9.25K of 20K

Majority support

Yes

For

9.25K

Against

0

Abstain

0

Final Votes
Status

Wed Dec 11, 03:34 am

Published onchain

Sat Dec 14, 12:45 pm

Voting period started

Mon Dec 16, 12:45 pm

Voting period ended

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