Changes to ILIS LP incentives

Governance ILIS DAO
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Yesterday (26/11/2024), Ociswap updated their front-end, disabling adding liquidity to the incentivized ILIS/XRD pool. This is due to their platform migrating to the new Flex and Precision Pools.

Now, they have quickly re-enabled our pool, as to not mess with our incentivizes program (thanks!). However, it is kind of expected that we will migrate our incentive program now.

This sparked some other conversation on whether to start incentivizing ILIS/DFP2 liquidity on DefiPlaza as well, so I thought it’d be a good idea to centralize discussion a bit.

There’s two things I’d like to discuss here:

  1. Migration of ILIS/XRD pool:
  • Do we migrate to a Flex Pool?
  • If so, what fee do we choose? (0.3%, 1%?)
  • And, do we use 50/50 weights? Or something else.
  1. Potential addition of ILIS/DFP2 DefiPlaza pool to incentives program:
  • Do we want this?
  • If so, how much ILIS should be allocated towards incentivizing this pool on a weekly basis?
  • And, do we take this ILIS out of an already existing incentive, or do we increase the total ILIS distributed every week?
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For 1, I don’t know enough to have an opinion. For 2, yes we want it. I’d prefer to take ILIS from already existing incentive. Unsure about what’s reasonable total allocation. Open to takes!

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