Governance Update #20
Snapshot voting is live for AIP-66, and a new community governance process!
AIP-66 Arrakis alUSD/alETH Univ3 Pool rewards
Status: AIP-66 is up for a snapshot vote until November 2, 2022 at 14:00 UTC
Arrakis finance specializes in tokenized lightly managed Uniswap V3 positions. Rather than focusing on LPer profitability, the aim is to provide a more efficient liquidity range than what V2 provides. This can lead to fewer liquidity incentives being necessary for the same liquidity depth. Arrakis has agreed to create a trial alETH/alUSD V3 liquidity pool managed by Arrakis. AIP 66 proposes to incentivize this liquidity pool with 100 ALCX/week for an 8-week trial period to evaluate the usage and liquidity efficiency of the pool.
Since the last update…
AIP-67 passed a snapshot vote, approving Alchemix to work with KlimaDAO to offset 4390.96 tons of on-chain charbon offset.
The new community governance process was announced. Anyone (community member, other protocol, etc) who wishes to write a governance proposal can now follow the process of first posting the proposal to the forums, and then the Alchemixed Opinions snapshot, where a passed vote will move it to the official Alchemix snapshot.