On November 8th, LDO rewards for Balaner v2 wstETH/WETH LP will expire, and Curve stETH/ETH LP rewards are set to expire on November 10th.
From our dedicated analytical dashboard, it looks like the current incentivization level helps maintain consistent growth of both pools. Liquidity in the pools costs Lido around the same LDO amount per month (per $1000) in Curve and in Balancer, with Curve being just a little bit more cost-efficient. Great thanks to Lido analytical team for putting this dashboard together
Based on this data, 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, November 4th.