HIP-11 | Termination of BUSD LM Campaigns

:small_orange_diamond: HIP-11 | Termination of BUSD LM Campaigns :small_orange_diamond:

Snapshot Time for the Vote:

First block after December 10, 23:59 UTC time.

Voting Period:

Voting starts: December 11, 00:00 UTC time
Voting ends: December 15, 23:59 UTC time

Voting Addresses:

YAY → HHxxxxYEAxPN11xxxxxxxxxxxxxxxmTpG4
NAY → HHxxxxNAYxPN11xxxxxxxxxxxxxy3GJoWe

Threshold for Approval:

51% approval rate

Summary of Proposal:

  • Termination of the liquidity mining campaign for the USDC/BUSD pool on the Hydra DEX
  • Window of opportunity to expire it on December 16th

Link to the Full Proposal:

Voting Procedure:

  1. 0.1 HYDRA sent to any of the two addresses above will credit your entire snapshot weight to the respective side.
  2. Note that the last transaction counts, meaning that you can change your vote within the voting period.
  3. Transactions above or below 0.1 HYDRA will not count.
  4. The exponentiating formula will apply as usual
1 Like

Vote results

YEA —> 100%
NAY —> 0%