Liquidity Allocation Vote (LAV)
During a LAV, vlCNC holders can vote on the new Curve pool weights for each Omnipool. The weight of a Curve pool determines how much of an Omnipool's liquidity the Curve pool should receive. In order for a Curve pool to be eligible to be part of a LAV, it must be whitelisted prior to the start of the LAV.
For example, a LAV could update the weights as follows for the USDC Omnipool:
FRAX+USDC: 43% -> 45%
USDC+crvUSD: 26% -> 31%
DAI+USDC+USDT: 31% -> 24%
Voting rules and information
Voting will be done via Snapshot
LAVs will be bi-weekly, starting Thursdays at 00:00 UTC and ending on Tuesdays 00:00 UTC.
Each Omnipool will have its own LAV. All LAVs will run in parallel.
LAVs have a quorum of 15%.
The outcomes of each LAV take effect 12 hours after voting has concluded.
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