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SIP-9: Expand MultiChain ZenGarden
Samurai Multichain ZenGarden effectively delivers the functionality of the already deployed ZenGarden smart contracts, which incentivise and reward LP staking with xHNR token emissions, among the liquidity pools of different protocols, across different blockchains, with the use of a wrapped xHNR token (wxHNR).
This proposal suggests for the protocol to update and expand the existing and current scope of MultiChain ZenGarden by adding two new liquidity pools of different protocols on the Ethereum blockchain. The addition of the two liquidity pools to the existing MultiChain ZenGarden shall incentivise liquidity providers by providing them with a stream of xHNR token emissions, in exchange for liquidity provision.
The protocols and incentivised LP pools shall include the following:
Lido DAO: LDO / ETH [ETHEREUM]
Protocol site: https://lido.fi
Incentivised pool: https://etherscan.io/address/0x9409280dc1e6d33ab7a8c6ec03e5763fb61772b5
Rocket Pool: RPL / rETH [ETHEREUM]
Protocol site: https://www.rocketpool.net
Incentivised pool: https://etherscan.io/address/0x0fd5663d4893ae0d579d580584806aadd2dd0b8b
Enact the proposed changes and add the proposed liquidity pools to the relevant smart contracts:
No new xHNR tokens shall be minted, as the existing reward pool is sufficiently sized to support the proposed additions
For more details about the MultiChain ZenGarden feature and the existing reward pool:
https://snapshot.org/#/samuraifi.eth/proposal/0x5128aa5df0076e3f28428e71dba6cb07b8526d2bf0d81d646161f54411928ebf
Last modified 6mo ago