Update: [DIP-23] Incentivizing a #DFX/#WETH LP on #Arbitrum has failed to pass.
10 Apr 2023, 17:34
Update: [DIP-23] Incentivizing a #DFX/#WETH LP on #Arbitrum has failed to pass. ❌
The proposal only failed because there wasn't enough votes casted to pass the 15% threshold of all available #veDFX (245,777). 🗳
Since there was no negative feedback or votes cast against the prop, the protocol will be waiting roughly a week (7 days) and resubmitting the proposal with no changes.
We understand since yesterday was a holiday, it was probably not the best time to finish strong with max voting power. However, moving forward we hope to see as much participation as possible to keep the protocol continuously ahead. 💯