Proposal: Changes to SushiSwap liquidity mining program

In March Community voted to launch a SushiSwap liquidity mining program to bootstrap the liquidity of $OPIUM token on SushiSwap DEX.

We have seen the positive impact of the mining program on the ecosystem; however, we have received many requests to migrate this program to the DROPIUM scheme that is currently used for all other AMM liquidity market-making programs. Therefore we initialized this voting. Also, following recently launched SushiSwap’s double liquidity mining, we can negotiate a double liquidity mining program $Opium + $Sushi with the SushiSwap team. We believe that makes Sushi AMM liquidity mining more stable, robust and long term oriented.

We propose to:

  • Distribute 20’000 $OPIUM per week via DROPIUM
  • Distribute 20’000 $OPIUM per week via DROPIUM + migrate SushiSwap liquidity mining program to double farming on SushiSwap Onsen once it’s negotiated
  • Decrease the rewards to 10’000 $OPIUM per week in favour of other liquidity mining programs
  • Decrease the rewards to 10’000 $OPIUM per week in favour of other liquidity mining programs + migrate SushiSwap liquidity mining program to double farming on SushiSwap Onsen once it’s negotiated

Voting
https://signal.opium.network/#/opiumprotocol.eth/proposal/QmbVe7JxPC3RLxodLJUpWrvT9ktVKzarhFuZAnBiWnE6wd