FranklinDAO (Prev. Penn Blockchain) Delegate Platform

Optimism-Uniswap Protocol LM Program: Structure

We voted 3 Phases [50k/2w, 100k/3w, 650k]: We think the slightly tiered decrease in emissions for next 3 weeks is appropriate once liquidity has been provided, users’ TVL are sticky and less likely to move out. The final analysis before deploying the 650k rest is also appropriate.

Optimism-Uniswap Protocol LM Program: Pool selection

We voted WETH/USDC, WETH/DAI, USDC/DAI: The reason why we chose to add DAI/USDC as opposed to nothing or OP was because this stablecoin pair won’t need that much incentives to drive millions of dollars of liquidity to enter the pool. For example, users would be find taking for example 5% extra on a stable LP but would require 15% extra for a volatile pool, therefore, for the same amount of LM rewards, the stable pair could attract 3x as much liquidity.