[Defrost #12] — How to incentivize the Platypus H2O pool

https://snapshot.org/#/defrostfinance.eth/proposal/0xdb62fabb87e647fe9ad1b5b0a2929c815cf76e9a5b3186ac732cccdd47a5822f

Proposal Type: H2O liquidity incentives

Proposer: Defrost Team

Proposal: This is a proposal on how to incentivize the Platypus H2O pool
The Platypus Finance protocol is a single-side AMM (decentralized exchange) designed for exchanging stable cryptocurrencies (ERC20 tokens) on the Avalanche blockchain. It attracts more than 500 Million in TVL and currently ranks 2nd among protocols on Avalanche.

Platypus Finance intends to launch an H2O factory pool later this month, offering a portion of the PTP emissions as incentives. The Defrost team believes it will be a great opportunity to cooperate with Platypus and offer dual incentives for the H2O pool in MELT.

Please note that the MELT dual mining pool will be on the Platypus platform with their mining contract. It will be different from the current Curve H2O pool’s incentives. There will be no vesting or boosting for the MELT rewards on this farm.

The change in the MELT incentives will be conditional upon the launch of the farm on Platypus. This new H2O pool on Platypus could be extremely beneficial to the DeFrost ecosystem, offering a new home for H2O liquidity on another well-respected platform.

----It’s important to note that these MELT mining rewards should be seen as a trial and initially last for 30 days. Before the end of the 30 day period, we will have another vote on whether to keep the incentives on Platypus.

Options:

  1. Move 7.5% of the current DefrostH2O3CRV-f’s basic rewards to the Platypus H2O farm. (3,000 MELT/day.)
  2. Move 12.5% of the current DefrostH2O3CRV-f’s basic rewards to the Platypus H2O farm. (5,000 MELT/day.)
  3. Move 25% of the current DefrostH2O3CRV-f’s basic rewards to the Platypus H2O farm. (10,000 MELT/day.)
  4. DefrostH2O3CRV-f’s basic rewards stay unchanged. Add another 3,000 MELT/day emission to the Platypus H2O farm.
  5. DefrostH2O3CRV-f’s basic rewards stay unchanged. Add another 5,000 MELT/day emission to the Platypus H2O farm.
  6. DefrostH2O3CRV-f’s basic rewards stay unchanged. Add another 10,000 MELT/day emission to the Platypus H2O farm.