TL;DR
We are proposing to extend rewards in the GIVfarm for 8 weeks after the current cycle ends around June 24. This proposal is requesting a total of 4 million GIV from the liquidity mining multisig to send to our token distro to distributed (part liquid & part streaming) to liquidity providers on Mainnet & Gnosis Chain.
More Explanation
As per this proposal we have received soft consensus that the Giveth community is interested in extending the GIVfarm rewards program after the current cycle ends around June 24.
Following this initial proposal, the Giveth Austerity Measures proposal led to an evolution of those parameters, decreasing the amount of GIV to be used for rewards.
Proposed Farms & Amounts
GIV per week = 500k
Number of weeks = 8
Total GIV distributed = 4 million
Farm Distribution:
| Farm | % Allocated | GIV Per Week |
|---|---|---|
| GIV/DAI Uniswap V2 on Mainnet | 23% | 115,000 |
| 80GIV/ETH Balancer on Mainnet | 15% | 75,000 |
| GIV Staking on Mainnet | 5% | 25,000 |
| 50GIV/xDAI Honeyswap on xDai | 25% | 125,000 |
| 50GIV/WETH Sushiswap on xDai | 17% | 85,000 |
| GIVgardens/staking on xDai | 15% | 75,000 |
I will create a snapshot proposal and post it here momentarily so you can vote! 