# Renew Rewards for GRT pool #Attempt 2 **URL:** \ **Category:** Community Chatroom (DISCUSSION)\ **Created:** [June 7, 2021, 11:05am UTC](https://gov.bancor.network/t/renew-rewards-for-grt-pool-attempt-2/2357 "2021-06-07T11:05:11Z")\ **Posts on this page:** 5\ **Page:** 1
**Author:** ![CryptoR](https://avatars.discourse-cdn.com/v4/letter/c/c4cdca/32.png) [@CryptoR](https://gov.bancor.network/u/CryptoR)\ **Post date:** [June 7, 2021, 11:05am UTC](https://gov.bancor.network/t/renew-rewards-for-grt-pool-attempt-2/2357/1 "2021-06-07T11:05:11Z")
I would like to Renew The GRT rewards, since the last proposal was voted against by ‘Simp’ it dit not make the ‘YES’ percentage. The previous proposal can be viewed [here](https://gov.bancor.network/t/proposal-extend-lm-rewards-for-the-graph-grt/2065) ---
**Author:** ![Croissant](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.bancor.network/croissant/32/1386_2.png) [@Croissant](https://gov.bancor.network/u/Croissant)\ **Post date:** [June 8, 2021, 3:46am UTC](https://gov.bancor.network/t/renew-rewards-for-grt-pool-attempt-2/2357/2 "2021-06-08T03:46:49Z")
Did the pool do well enough to warrant rewards renewal? I didn’t see that pool getting as much volume as we would have liked ---
**Author:** ![tenzent](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.bancor.network/tenzent/32/1821_2.png) [@tenzent](https://gov.bancor.network/u/tenzent)\ **Post date:** [June 8, 2021, 8:18am UTC](https://gov.bancor.network/t/renew-rewards-for-grt-pool-attempt-2/2357/3 "2021-06-08T08:18:35Z")
This pool as much as I love the graph does not warrant a second round of LM. Glenn had put a great summary of the fees generated during the event last time. > [@Proposal: Extend LM Rewards for The Graph (GRT)](https://gov.bancor.network/t/proposal-extend-lm-rewards-for-the-graph-grt/2065/7): > > ![image](https://europe1.discourse-cdn.com/flex013/uploads/bancordao/original/1X/d4741786216eaecd02dfcb3fc8c3c375a60f1a19.png) > > The GRT liquidity in this pool has been roughly the same since the week of 3/29: > > ![image](https://europe1.discourse-cdn.com/flex013/uploads/bancordao/original/1X/c22ea79db2bf3c32fc17a26016a954445e3518f9.png) > > which means that the pool size in terms of GRT tokens hasn’t changed much. The fees collected by this pool have been roughly between 9K-33K per week: > > ![image](https://europe1.discourse-cdn.com/flex013/uploads/bancordao/original/1X/646cdc0cba893b945bce05f1d522b4b2aa7674ff.png) > > which matches the volume that we have seen (~4M to ~16M): > > ![image](https://europe1.discourse-cdn.com/flex013/uploads/bancordao/original/1X/0b5f7ded7d19261a81bfbc5155cc5e1a86171f0d.png) > > With that said, here is the total fees collected since the week of 2/15 for the different tokens that have come up for renewal since then: > > | symbol | sum | > | --- | --- | > | GRT | $181,760.84 | > | REN | $251,521.16 | > | AAVE | $332,835.42 | > | SNX | $344,110.55 | > | YFI | $394,028.74 | > | wNXM | $757,702.68 | > | MATIC | $935,885.24 | > | ENJ | $1,488,746.75 | As we can see there have been multiple pools that have outperformed and continue to outperform the GRT pool yet have not had their LM re-enabled. The Bancor pool also continues to be the #1 pool in terms of depth and not by a small margin, uniswap is almost 5 times smaller. ![Screen Shot 2021-06-08 at 1.12.24 AM](https://europe1.discourse-cdn.com/flex013/uploads/bancordao/original/2X/4/431c8cfb25ef7dc818eea3990514db3925c18b69.jpeg) ![Screen Shot 2021-06-08 at 1.12.40 AM](https://europe1.discourse-cdn.com/flex013/uploads/bancordao/original/2X/e/ec8ee58afa5818c26183b6a359c1a6c2e0660a69.png) ---
**Author:** ![ccc](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.bancor.network/ccc/32/3214_2.png) [@ccc](https://gov.bancor.network/u/ccc)\ **Post date:** [June 11, 2021, 9:45pm UTC](https://gov.bancor.network/t/renew-rewards-for-grt-pool-attempt-2/2357/4 "2021-06-11T21:45:53Z")
I can’t support doing this. If liquidity mining didn’t make the needle jump the first time, I don’t think bleeding further inflationary BNT into the pool with no reason to expect a perceivable benefit for the DAO would be a wise use of the LM button. If volume picks up and sustains, _and_ it becomes clear that there is a need for more depth _quickly_, I’d be happy to discuss hitting The Big Red Button on this one. ---
**Author:** ![glenn](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.bancor.network/glenn/32/1720_2.png) [@glenn](https://gov.bancor.network/u/glenn)\ **Post date:** [June 12, 2021, 6:42am UTC](https://gov.bancor.network/t/renew-rewards-for-grt-pool-attempt-2/2357/5 "2021-06-12T06:42:06Z")
I don’t think much has changed here: ![image](https://europe1.discourse-cdn.com/flex013/uploads/bancordao/original/2X/7/7f73540c112d0d73216b5c3fc28871e0db4db195.png) our GRT pool is at ~9M in depth at the moment which I think is healthy and better than our competitors (we offer single sided staking and IL protection). The weekly fees collected for this pool have been OK: ![image](https://europe1.discourse-cdn.com/flex013/uploads/bancordao/original/2X/a/ac2840984c59f3b7ee06db1c6b54c517cd799ad7.png) which is based on the following volume: ![image](https://europe1.discourse-cdn.com/flex013/uploads/bancordao/original/2X/9/9dff718bc23638b7f85643e765c185152e7ef779.png) The total fees for this pool since the week of 5/10 and for others that have had LM or an ongoing campaign is the following: | symbol | total\_fees | | --- | --- | | OCEAN | $42,439.65 | | REN | $47,806.14 | | GRT | $52,163.91 | | BAT | $62,355.36 | | UNI | $72,219.36 | | ROOK | $96,350.55 | | ALPHA | $172,684.14 | | AAVE | $179,824.38 | | SNX | $191,677.20 | | MKR | $194,824.83 | | YFI | $241,890.73 | | wNXM | $309,206.67 | | ENJ | $320,456.26 | | MATIC | $1,073,832.21 | In the past 30 days, the daily average APR has ranged between 1%-15% for this pool: ![image](https://europe1.discourse-cdn.com/flex013/uploads/bancordao/original/2X/f/f68b8c3663952907d1340498b854caed09d1ad29.png) I don’t think we will get much here by incentivizing GRT again and I rather have LM rewards go to a new community instead.