We will be adding another wZNN market. Whichever chain it turns out to be, we will need to decide how to portion the Orbital LP rewards between the two LPs.
- Split it 50/50 between the two LPs
- Something else. (Please explain)
0
voters
how do we deal with the people who have contributed liquidity to ETH/wZNN and locked it up for 12 months under the current reward allocations?
1 Like
Good point- I saw someone recently added roughly 9K wZNN to the ETH/wZNN LP. I’d say we give at least a 6-month heads-up before extracting and splitting orbital rewards to another LP so as to not hold recent LP providers hostage to waning rewards.
We might be able to ask the community who is LP’ing and gauge whether they will move their position over to BNB. It stands to reason that LP’s will balance out the two pools in pursuit of maximum yield.
If one LP is providing 20% of the pool and we re-allocate 20% of the rewards to BNB, and then that LP moves over, it’s a non-issue.
2 Likes
Vote on sentiment makes sense, including the timeline.
But seems pretty realistic that theres mainly going to be a redistribution of the existing lp to bnb so a simple split makes sense.
The pool is high risk yeild and the rewards have been insanely good for a very long time i dont think theres any need to wait too long or worry about diluting them a fraction.
Assuming theres enough liquidity for both…
1 Like