Proposal: Prolong 1inch-Opium liquidity mining campaign

Governance
1

Summary
We propose to extend the 1inch-Opium liquidity mining campaign with increased rewards.

Rationale
Given the success that the 1inch-Opium liquidity mining campaign has proven to be so far, the Opium Team would like to prolong it if the community will also signal its interest in such a possibility.

TODO

  • Define the length of the additional liquidity mining period and the size of the additional rewards.

Executors

  • Opium Team

Snapshot voting
Vote here:
https://signal.opium.network/#/opiumprotocol.eth/proposal/QmeMgnwp4k1sNxZynud6AppXRCAHbwJdq8r3hoVWKwrtWh

2 Likes
2

Hopefully it can be prolonged without the need to exit the first pool and reenter. I think you retain more stackers of they don’t need to exit and reenter. All my Opium is currently in the pool so no vote for me. But I’m in favor.

3

Would this be just opium rewards, or do you think 1inch will provide extended rewards as well?

1 Like
4

You can still vote when your Opium is in the pool.

1 Like
5

Good reminder, thank you! So I can do forum polls and snapshots, but then for an on-chain vote I would need to have Opium available in my wallet and then wrap it for a vote? I’m not 100% caught up on that yet, but I’ll head to discord to learn etc.

6

I think the OPIUM rewards should increase atleast 3 times, as this time for some people it’s not financially viable to even withdraw their rewards. Considering the transaction fees and looking at Farming: 1inch Liquidity Pool (ETH-OPIUM) (farm-1LP-ETH-OPIUM) Token Tracker | Etherscan

3 Likes