xLPFi Token (Common Shares)

Users can participate in LP Finance Governance using xLPFi tokens and earn LPFi emissions.

Minting xLPFi

xLPFi can be minted by burning LPFi (1:1 ratio). Minted xLPFi is not redeemable and should be swapped to LPFi on market.

Creating Proposals

Prior to creating proposal, it is recommened to post on Github following the instructions. After discussion is complete, proposal can be voted on Realms.

Governance Forum: https://github.com/LP-Finance-Inc/governance Realms DAO: https://app.realms.today/dao/xLPFi

Governance Parameters

Creating proposals and voting is possible on Realms. There are parameters set initially to match the circulating supply and expected engagements.

• Vote Threshold Percentage: 10% (At least 10% supply of xLPFi should be used to vote for the proposal to pass)

• Minimum Token: 500 xLPFi (At least x500 LPFi is needed to create a proposal)

• Max Voting Time: 3 days (Vote would be held for 3 days)

These parameters can be modified if the proposal passes.

Common Governance Topics

Common governance topics on LP Finance are as follows

• Change LPFi Staking Revenue Distribution Configurations

• Change LPFi Unstaking Penalties

• Onboard zSOL-{token} LP from {x} DEX to zSOL LP Staking Pool

• Change zSOL Stability Fee

• Change Collateral Deposit Fee

• Manage DAO Treasury

If a proposal includes complex logic/changes on the program and LP Finance Development Team does not support the idea, the proposer should create a pull request in order to execute the proposal.