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RE: SPS Governance Proposal - Reduce SPS:WETH Incentives by 50%

in #spsproposal3 months ago

Yep, as I stated above, I can't support it without the DAO committing to putting liquidity on ETH. I do think the cost of this pool and it's utilization are extremely poor so I can see why the value proposition isn't there. That said, the DAO could deploy like 500k or a million dollars into an ETH:SPS v3 pool and just earn whatever fees and eat whatever IL. As is, I think this is unlikely to pass.