mpDAO Liquidity Provider Rewards — 12-Month Locked LP (Rhea mpDAO/stNEAR)

Ecosystem Meta Pool
1

Following up the conversation of the thread Meta Pool DAO: Open Call for Strategic MPIP Proposals I would like to make a proposal:

mpDAO Liquidity Provider Rewards — 12-Month Locked LP Only (Rhea mpDAO/stNEAR)
Why now: This aligns with the thread’s priorities (financial sustainability + governance). Goal: deepen durable liquidity, reduce slippage, and better align long-term incentives for mpDAO.

TL;DR

  • What: Monthly mpDAO rewards for wallets that lock LP for 12 months in the mpDAO/stNEAR pool on Rhea.

  • How: Rewards distributed pro-rata to each wallet’s share of the 12-month locked LP; rewards themselves are locked 300 days and claimable in the Meta Pool app.

  • Pilot target: $25k locked TVL with $5k/year in mpDAO rewards (≈ 20% indicative APY), paid monthly (~$416.67).

Here’s a diagram that explains simply how the proposal works:

photo_2025-09-18 09.28.52
photo_2025-09-18 09.28.52762×836 45.8 KB

Full draft with details: MPIP: mpDAO Liquidity Provider Rewards — 12-Month Locked LP

Some points where I’d love input

  1. Does a 12-month-only lock best drive durable liquidity?

  2. Is $5k/year a reasonable pilot budget to aim for ~$25k locked (~20% APY)?

  3. Measurement: daily average over the month vs. end-of-month snapshot to reduce timing games?

Thanks in advance for the feedback and any comparative data from similar programs.

3 Likes
Meta Pool DAO: Open Call for Strategic MPIP Proposals
2

I want to point out that we should probably reduce the scope of this program to 3 months as a beta test, based on the following:

  • This timeframe will allow people to evaluate whether the process is easy enough to maintain and attractive to follow.

  • The budget required is relatively small — around ~$1,200 for rewards. I propose doubling this amount for the initial 3 months as a kickoff promotion (~$2,400, equivalent to +40% APY). Afterward, we can reevaluate whether to continue with this strategy through a new MPIP.

  • This proposal is strong because it rewards long-term commitment rather than short-term participation.

  • The APY would be in addition to the current ~40% APY already active on Rhea.Finance, meaning that for this 3-month beta, we could reach a combined APY of ~80%.

Overall, this looks like a solid proposal: low cost, high benefit.

Thanks, Sicairos!

1 Like
3

:grinning_face: The interesting thing about the proposal is that it considers evaluating the results and reconsidering the timeframes. It’s important that the @Meta_Pool community is encouraged to comment and/or present alternatives.:ok_hand:

4

Solid proposal, tying rewards to 12-month locks feels like the right nudge for sticky liquidity. The $5k/year pilot seems lean enough to test without big treasury risk.