Spool Incentive Extension for Arbitrum DEX [SIP - 1.51]

Summary :bookmark_tabs:

Release SPOOL tokens from the treasury for further incentivization on Camelot DEX.

Motivation :fire:

With Spool V1 available on Arbitrum, our collaboration with Camelot DEX is essential for maintaining and expanding our presence. By continuing to seed the pool with protocol-owned liquidity, and in turn, receiving $xGRAIL from Camelot, we can strengthen our governance influence and network effect.

Proposal :mailbox:

Release $24,000 worth of Spool tokens from treasury to extend pool incentives on the Camelot DEX (Arbitrum).

Vote Options :ballot_box:

By voting β€œYes” you agree to approve the unlocking of $24,000 worth of Spool tokens for additional emissions to users on Arbitrum, with β€œNo” you vote against distributing any incentives.

The vote takes place here

Timeline :clock130:

  • Voting Period: December 11, 2023 β†’ December 18, 2023

The vote concluded with β€œYes”.

Thanks to everyone who voted! :fire: