LDO rewards for both Curve stETH/ETH and Balaner v2 wstETH/WETH liquidity pools will expire on October 11th.
Last month, we have moved 200,000 LDO rewards from Curve LP to Balancer v2 liquidity mining program. According to our analytical dashboard, this resulted in around 25% Balancer LP growth. You can read more on the motivation behind this decision in this proposal.
Now we propose to continue rewards for both pools at the same level:
- 3,550,000 LDO for the next 30-days period of incentivizing Curve LP
- 300,000 LDO for the next 4-weeks period of incentivizing Balancer LP
If you have any objections about these rewards allocations, please comment here, and we can run a snapshot voting. Otherwise, it will be included in the weekly Omnibus vote on Thursday, October 7th.