Summary
This proposal seeks to deploy a standalone vxASTRO bribes contract, allowing anyone to pay bribes to incentivize votes towards the whitelisted pools. The bribes system will enable external parties to deposit rewards (tokens) to direct vxASTRO holders voting power, increasing engagement in emissions voting.
Motivation
The current vxASTRO governance system allows users to vote on emissions distribution but lacks a way for external parties to incentivize votes on specific pools. A bribes system will:
- Attract Liquidity: Protocols and liquidity providers can offer bribes to direct emissions to their pools, driving liquidity growth.
- Reward vxASTRO Holders: vxASTRO holders can earn additional rewards for participating in governance.
Implementation
Deploy a standalone bribes contract that integrates with the vxASTRO emissions voting system.
The contract will allow bribes (tokens) to be deposited for specific whitelisted pools.
Conclusion
Deploying a standalone bribes contract with bribing features on the application for vxASTRO will allow anyone to incentivize votes for whitelisted pools, increasing engagement and driving liquidity growth. This system will reward active governance participation, enhance the utility of vxASTRO, and create a more dynamic and competitive ecosystem.
Executable messages
N/A