Closed
Final result:
ACCEPT
Proposal description: This proposal aims to take advantage of the awesome Law/SIDX farm in BlockNG's Civil Beam Pools. I propose that we take around 33% from our initial Mistswap SIDX/BCH pool and convert it to Law/SIDX to enter the Civil Beam pool. The amount moved will be just above/around 8 BCH in total at current prices. This will still leave the majority of our liquidity in Mistswap, which I feel is a safe bet right now. The yield is much higher on BlockNG than on Mistswap currently, so it might make sense to move even more over at some point. With SmartSwap alongside other DEX aggregators, I don't see much downside to the exposure to Law since it has proven to be the most stable project on smartBCH and around 60% of large swaps are already routed through Lawswap when utilizing SmartSwap. The rewards from this farm should be used similarly to most of our other farm rewards and boost the Law/SIDX liquidity each week. However, in order to get more veLaw sooner rather than later, the rewards for the first 4 (full) weeks should be held and added to the portfolio's Law and can be used by another proposal to use as needed. This 4-week timeframe can also be canceled early with an additional proposal if needed/wanted.
Author: 0x0A54897FdB1c7f9499E6f06201d41a98232008aC Start date: 2022-08-18 21:33:13 - Deadline: 2022-08-20 21:33:13 UTC Time Add to your calendar45485.81 [OPTION: A]
0.00 [OPTION: D]