This proposal is expected to appear on Snapshot for voting on 2021-08-15T12:00:00Z. Make sure to stake your vBNT for voting before this date and time to participate in the DAO decision.
TL DR
- The LM Rewards will be extended on ENJ Pool.
- The current reward rates for the pool will be unaffected.
- The LM rewards duration on the Enjin pool can be ended prior to the completion of the extension if the DAO votes to do so.
- The LM rewards rate on the Enjin pool can be modified prior to the completion of the extension if the DAO votes to do so.
Vote For :
Extend LM Rewards for 12 Weeks on Enjin Pool
Vote Against :
Do not Extend LM Rewards on Enjin Pool
Discussion
Current pool depth is roughly ~$32M:
We are currently the deepest source of liquidity for this token in comparison to Uniswap V2 and Balancer:
There is also a Uniswap V3 pool with roughly ~$1.91M in liquidity.
Weekly Fees and Volume for this token since the week of 5/10:
Compared to other tokens that have an ongoing or had an LM campaign, the total fees for different time periods:
~90 Days ago (since the week of 5/10):
| symbol | total_fees |
|---|---|
| ZCN | $12,555.97 |
| NDX | $23,172.85 |
| MPH | $34,493.71 |
| REN | $75,299.77 |
| UNI | $91,121.42 |
| OCEAN | $91,862.24 |
| GRT | $94,738.43 |
| BAT | $134,463.58 |
| ROOK | $207,144.23 |
| MKR | $236,663.72 |
| WOO | $266,427.54 |
| AAVE | $267,891.28 |
| YFI | $280,324.84 |
| ALPHA | $285,208.66 |
| SNX | $340,210.61 |
| wNXM | $398,653.77 |
| ENJ | $686,319.78 |
| MATIC | $1,303,464.75 |
~60 Days ago (since the week of 6/14):
| symbol | total_fees |
|---|---|
| NDX | $7,253.68 |
| ZCN | $7,920.42 |
| MPH | $13,259.35 |
| UNI | $18,022.26 |
| REN | $26,503.38 |
| YFI | $36,768.46 |
| MKR | $40,683.76 |
| GRT | $41,477.81 |
| OCEAN | $46,362.71 |
| BAT | $70,965.22 |
| AAVE | $85,100.76 |
| wNXM | $87,822.00 |
| ROOK | $108,531.84 |
| ALPHA | $111,091.85 |
| SNX | $145,116.59 |
| WOO | $162,228.01 |
| MATIC | $211,676.50 |
| ENJ | $355,873.72 |
~30 Days ago (since the week of 7/12):
| symbol | total_fees |
|---|---|
| ZCN | $3,926.14 |
| NDX | $4,292.47 |
| UNI | $7,356.43 |
| MPH | $9,020.37 |
| REN | $12,056.38 |
| YFI | $13,751.79 |
| GRT | $14,418.43 |
| MKR | $18,263.83 |
| OCEAN | $22,385.23 |
| AAVE | $31,808.67 |
| BAT | $33,608.33 |
| wNXM | $49,424.43 |
| ALPHA | $52,453.55 |
| ROOK | $53,811.53 |
| WOO | $61,359.90 |
| SNX | $69,335.18 |
| MATIC | $77,241.50 |
| ENJ | $168,013.68 |
Volume and Fee data since the week of 5/10/21:
| symbol | time | Conversion Fees in USD | Volume in USD |
|---|---|---|---|
| ENJ | 5/10/2021 0:00 | $33,693.63 | $6,705,031.96 |
| ENJ | 5/17/2021 0:00 | $54,490.64 | $10,843,638.20 |
| ENJ | 5/24/2021 0:00 | $151,715.59 | $30,191,402.14 |
| ENJ | 5/31/2021 0:00 | $42,130.77 | $8,384,023.48 |
| ENJ | 6/7/2021 0:00 | $48,415.43 | $9,634,670.18 |
| ENJ | 6/14/2021 0:00 | $43,697.17 | $8,695,736.72 |
| ENJ | 6/21/2021 0:00 | $47,638.31 | $9,480,024.57 |
| ENJ | 6/28/2021 0:00 | $30,970.90 | $6,163,208.57 |
| ENJ | 7/5/2021 0:00 | $65,830.41 | $13,100,251.01 |
| ENJ | 7/12/2021 0:00 | $44,789.97 | $8,913,203.54 |
| ENJ | 7/19/2021 0:00 | $44,319.48 | $8,819,575.76 |
| ENJ | 7/26/2021 0:00 | $36,774.59 | $7,318,142.61 |
| ENJ | 8/2/2021 0:00 | $17,814.98 | $3,545,181.30 |
| ENJ | 8/9/2021 0:00 | $24,037.92 | $4,783,546.71 |