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eBTC/wstETH Lido Incentives Program Scripts #1539

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sajanrajdev opened this issue May 24, 2024 · 2 comments
Closed

eBTC/wstETH Lido Incentives Program Scripts #1539

sajanrajdev opened this issue May 24, 2024 · 2 comments
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@sajanrajdev
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sajanrajdev commented May 24, 2024

Lido has agreed to incentivize eBTC/wstETH Curve pool but requested support for the distribution of these incentives. Rewards will be in the form of stETH and should be distributed directly through Curve's rewards distribution infra. In order to do this, the following must be completed (guide):
Once:

1. pool_gauge.add_reward(stETH, trops) (to be done from deployer before delegation)
2. pool_gauge.add_reward(wstETH, trops) (just in case, to be done from deployer before delegation)

Weekly from distributor (trops):

1. stETH.approv(gauge, amount)
2. pool_gauge.deposit_reward_token(stETH:, amount, epoch)
  • Amounts are to be decided dynamically based on the amount of emissions granted per month (1/4).
  • Epochs will be 1 month starting on Thursdays (signing session).

Note:
After the addition of the reward tokens, management of the gauge will be delegated from the deployer to Trops.

@sajanrajdev sajanrajdev self-assigned this May 24, 2024
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sajanrajdev commented May 24, 2024

@sajanrajdev
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@github-project-automation github-project-automation bot moved this to ✅ Executed in Multisig Ops Jun 6, 2024
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