#209·Prolong existing Polkadot Hydration farms

Democracy
10d ago
9 Comments
Executed

This proposal, if approved, will transfer 35,483 vDOT and 9,134,883 HDX from the Hydration Treasury to 26 Global Farms in order to extend the duration of the existing Polkadot Hydration farms by 2 weeks, 2 days, 22 hours, 22 minutes & 22 seconds.

This will allow token holders to discuss the second batch of farms for a longer period, including reviewing the impact of other liquidity incentives going live on the 11th September.

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Votes
93.2%Aye
Passing thresholdSimpleMajority
6.8%Nay
Aye
833.09MHDX
Nay
61.22MHDX
Turnout
214.4MHDX
Electorate
0HDX
Passed
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I don’t think we should give more to LPs, either they can wait a bit or they can move and come back later.

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I could agree for a few days of prolongation, maybe 1 week, financed by the treasury but this amount and such a long period seem excessive to me compared to the total treasury. I will enjoy the rewards is the ref is ayed but I don't think it is the best choice

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Nay

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Short sighted behavior, the treasury's funds are suggested to be used for repurchasing and burning.

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I say give it a break then offer another bonus down the line. if the market picks up it would be a good tim to offer the incentives again. Hydration is cruising atm lets sail through the tough conditions

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good to see hydration gov getting slightly spicy. LFG team!

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It would be good if more ppl would vote!
I'd like to see a bigger voter turnout, especially the majority of those who no doubt have been enjoying the farm rewards!

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