Unclaimed LevX Allocation
complete
n
neko
Rather than deciding on some fixed allocation between OG LP and LevX LP at some particular snapshot, I propose the allocation should be based on a time-weighted LP contribution (valued in ETH terms) up until the LevX distribution snapshot.
1) This allows for rewarding early OG LPs by their amount of time & initial liquidity while avoiding overweighting one LP over the other with a fixed allocation.
2) It is more fair for users who migrated at different points in time since since the details of the unclaimed allocation were not clear.
3) Valuing the LPs based on the amount of ETH in the LPs allows a fair proportional weighting based on the amount of liquidity in both LPs at each point in time.
To ensure smooth liquidity transition to LevX LP, OG LPs can do a 1 step 'migrate and claim' without needing to lock their OG LPs, especially since LevX LPs won't need to lock anyway.
There should be a second vote in the voting snapshot to rank order the portion of the unclaimed LevX that should go to the treasury (e.g. 0%, 10%, 20%, 30%). Once the treasury allocation is determined, the remaining unclaimed allocation is based on the above time-weighted value approach.
LevX
complete