Proposal #48

INTR Emissions to support iBTC & INTR on Stellaswap - public proposal #48

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I support this proposal. --spazcoin

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Hi folks, wanted to drop some links here for those who want to learn more about Stellaswap.

Pulsar Documentation
https://docs.stellaswap.com/product/pulsar-concentrated-liquidity

Pulsar
https://app.stellaswap.com/pulsar

Discord
https://discord.gg/M7CY9xxf

Stellaswap Medium
https://stellaswap.medium.com/

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Voted Nay!

Also very surprized i am the only one, that only shows the majority not think during votes.

  1. The iBTC is the only one decentralized and reliable BTC asset on Polkadot. I see no reason for additional pressure for INTR tokens. People who really want earn money on DOT/iBTC exchanges long-term would make it with or without additional INTR incentives. I have nothing against make it 1-2 weeks, but not 8.

  2. Also no reason to incentive INTR/DOT pair:

  • the only thing we can reach by incentivizing INTR/DOT is to help people sell their INTR rewards from iBTC/DOT pair. Why we should pay money for dumping our tokens guys?!
  • we have INTR/DOT pair on Interlay ongoing. This should be the only correct place to incetivize INTR/DOT during launch period.

I call everybody to re-vote.

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Update: XCM transfer of this proposal failed to execute
The runtime upgrade in referendum #45 updated the Interlay XCM weight types. This change was not accounted for when the StellaSwap referendum #46 was made. The referendum passed but due to the change in the XCM weight types, #46 cannot be decoded by the chain and thus not executed. No XCM transfer happened.

We need to do a new governance proposal to fix this. Considering that the community voted "AYE" we recommend a fast-track to re-execute.

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