Liquidity Allocation Vote (LAV)
Replicated from Conic Finance design. During a LAV, $vlGEM holders can vote on the new Balancer pool weights for each Omnipool. The weight of a Balancer pool determines how much of an Omnipool's liquidity the Balancer pool should receive. In order for a Balancer 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 wstETH Omnipool:
wstETH/WETH: 50% -> 40%
wstETH/sfrxETH/rETH: 26% -> 32%
wstETH/ankrETH: 24% -> 28%
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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