The time is upon us for another snapshot to distribute SWISE rewards to the three StakeWise liquidity pools. There has been a great discussion regarding the amount of SWISE to allocate to the main sETH2/ETH pool (found here), followed by a poll to determine the outcome of this discussion. Of the two choices within the poll, a 20% reduction in SWISE rewards for the sETH2/ETH pool came out on top (11 votes for a 20% reduction, vs 5 votes to keep rewards the same as July). Without further ado, the snapshot is now live for August with the following proposal:
Prolong the incentives for sETH2/ETH, sETH2/rETH2 and sETH2/SWISE pools on Uniswap V3 for 30 days (199385 blocks):
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2,000,000 SWISE goes to the sETH2/ETH pool (0.3% fee) - reduced from 2.5M from the previous month
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500,000 SWISE goes to the sETH2/rETH2 pool (0.05% fee)
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500,000 SWISE goes to the sETH2/SWISE pool (0.3% fee)
Total SWISE allocation towards liquidity mining campaigns in the following month: 3,000,000 SWISE
Link to this Snapshot: Snapshot