Pool reallocation: Reduce miscellaneous pools from 1.75% allocation to 1.5%

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In order to free up allocation percentages for new pools we’d like to lower the allocations for the following pools to 1.5% each

  • 1UNI-VIPER
  • bscCAKE-VIPER
  • 11INCH-VIPER
  • 1YFI-VIPER
  • 1SNX-VIPER
  • 1AAVE-VIPER
  • 1WISE-1ETH
  • JENN-VIPER

Reducing the allocations for these pools will free up a total of 2% that can be allocated to a new set of pools.

The 2% allocation will be temporarily reallocated to ONE-xVIPER until new pools have been launched.

Voting options:

YES - lower allocations: lower the allocations from 1.75% to 1.5% for each listed pool.

NO - keep allocations: keep each respective pool allocation at 1.75%.

For more information about our governance system, please visit Governance - VenomDAO

For this proposal to get accepted it has to:

  • Reach >55% approval
  • Reach >=10,000,000 of eligible ViperVotes voting to establish the quorum.

The ViperVote voting power snapshot will happen roughly 15 minutes before voting starts.

Voting starts 9PM UTC, June 30th and ends 9PM UTC, July 2nd.