We are collaborating with Infrared to grow and support the Bulla iBGT/WBERA pool. This proposal is for switching the incentive managers of the WBERA and iBGT token on the RewardVault (0xb4c32fd71c89f0195a8ac0c3fa9ebf2b4774bd26) for iBGT/WBERA, which is currently whitelisted.
The terms are the following:
- Infrared will begin with $5k/day in bribes with the potential to adjust as TVL scales
- Bulla will match $5k/day for the first two days to bootstrap initial liquidity, then taper incentives to 150 WBERA per week. Additionally 80% of the fee switch revenues from the pool will be sent to be used as bribes.
Given that Infrared will be supplying a large portion of the bribes, it would streamline operations to switch the incentiveManagers for the WBERA and iBGT tokens to the Infrared address: 0x242D55c9404E0Ed1fD37dB1f00D60437820fe4f0
See below for the details on the Incentive Manager switch:
Token1: 0x6969696969696969696969696969696969696969
newIncentiveManager: 0x242D55c9404E0Ed1fD37dB1f00D60437820fe4f0
Token2: 0xac03CABA51e17c86c921E1f6CBFBdC91F8BB2E6b
newIncentiveManager: 0x242D55c9404E0Ed1fD37dB1f00D60437820fe4f0
RewardVault: 0xb4c32fd71c89f0195a8ac0c3fa9ebf2b4774bd26