Edit: Remove incentives from the website for the TBTC+ETH Uniswap Pool and Reduce incentives in the KEEP+ETH Uniswap Pool

Uniswap | TBTC + ETH Incentives


Right now there’s about 300 ETH and 20 TBTC in this Uniswap pool (~2.5M USD of liquidity). Since we are trying to encourage migration to tBTC v2, it seems like a no brainer that we shouldn’t incentivize this pool.

EDIT: Just now remembering we already voted on this:

However, the pool remains on the website (see above). We should change this to an advertisement for the KEEP coverage pools.

Uniswap | KEEP + ETH Incentives


I think the KEEP + ETH pool has too many subsidized. I don’t think we should remove all the rewards from the pool, but given that the liquidity is ~USD 14M, I think we could start to reduce the rewards (at least below 100%).

My recommendation is that we:
(1) Reduce the incentives to ~75% APY, and
(2) Reallocate those incentives to the KEEP coverage pools to help direct liquidity towards the pools to help bootstrap them.

5 Likes

agreed these should be saved for better usage, but wasn’t this already agreed as mentioned above?

1 Like

Looks sensible to me.

1 Like

Agree and support this proposal !

1 Like

I agree and support, as well.

1 Like

Is it possible to unstake my LP tokens? The withdrawal button is disabled in the last few days