Proposal to Pause IPT Liquidity Mining 2.0 (June 2023)

Based on the consensus reached during yesterday’s community call, it has been determined that another temporary extension to the pause on liquidity mining rewards is warranted.

This proposal suggests an additional four-week hiatus, commencing from week 50 (estimated around June 3rd) and concluding at week 53 (estimated around July 1st).

During the community call, many intriguing ideas were put forth regarding liquidity distribution and potential partnerships. To ensure the longevity and effectiveness of these discussions, it is strongly encouraged that all participants document their suggestions in writing on the forum. It should be again noted that unless otherwise voted upon, the rewards program will automatically resume as is following this designated period.

4th quarter

Type Total IPT IPT per week
Borrow 592,591 45,583
Lend 740,732 56,979
Week Starting block Ending block
49 17,349,326 17,399,309
50 17,399,310 17,449,293
51 17,449,294 17,499,277
52 17,499,278 17,549,261
53 17,549,261 17,599,244
54 17,599,244 17,649,227
55 17,649,227 17,749,193
56 17,749,193 17,849,159
57 17,849,159 17,899,142
58 17,899,142 17,949,125
59 17,949,125 17,999,108
60 17,999,108 18,049,091
61 18,049,091 18,099,074
62 18,099,074 18,149,057

EDIT:
There are approximately 923k IPT rewards outstanding for this(4th) quarter. If rewards were to continue as is on week 54 (estimated around July 1st), 4th quarter rewards would end around in week 62 (estimated around Sep 16)

1 Like