[Discussion] Usage of BAL reward from Hakka balancer pool

DAO Governance Token ($HAKKA)
#1

Dear community,

Our Hakka reward pool 2 [BHS/USDC/DAI/HAKKA] is eligible for earning BAL reward because it provides liquidity to DAI & USDC.

Currently there are 47.8 BAL (in reward contract) + 475.852 BAL (claimable) = 523.652 BAL (worth more than 30k USD).

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Discussion

As a decentralized project, we would like to invite you to take part in this decision.

Let us know should we

  1. Buy back Hakka
  2. Transfer it to Hakka Guild Bank
  3. … (any other ways, comments below)

Leave a comment and let us know your thoughts!

*This topic is for discussion only. There will be an official voting event to determine the actual usage of the BAL reward. Get your Governance Power prepared (by staking Hakka, check here)!

Hakka Team

7 Likes
#2

check the address of Guild Bank below:

4 Likes
#3

Just send it to some KOL for more exposure

2 Likes
#4

If we choose to buy back Hakka, then what to do with these buyback token? burn it maybe?

2 Likes
#5

How about pairing those tokens with ETH for lp position and mine more BAL?

BAL/WETH 80/20 or 66/33, ~70% mining APR

5 Likes
#6

I’ll say a new web and a good marketing. Who’s with me?

1 Like