Pending execution

Disable KITE Rewards for ALETH and ALETH/WETH LP


ID 939862...3581

ID 939862...3581

Proposed on: Jul 23rd, 2026

Proposed on: Jul 23rd, 2026

Result details
Final Votes

Quorum

26.75K of 9.74K

Majority support

Yes

For

26.75K

Against

0

Abstain

0

Proposal

Summary

This proposal signals that KITE rewards should be disabled for:

  • alETH
  • alETH-WETH LP

This proposal does not execute any onchain actions. A vote FOR means governance agrees these reward allocations should be removed from future reward distributor configurations.

Motivation

HAI governance has already voted to remove ALETH-related collateral from the system because the relevant Optimism price feeds are being removed and there is no replacement oracle available.

Continuing to allocate KITE incentives to ALETH or ALETH-WETH LP after the collateral types are being deprecated is no longer aligned with protocol objectives. Rewards should support active, safe, and strategically useful collateral markets, not assets that governance has already chosen to wind down.

Proposal

Disable all ongoing and future KITE rewards for:

  • alETH
  • alETH-WETH LP

This should apply to reward distributor refills, incentive schedules, and any future dynamic incentive configuration.

No smart contract calls are included in this proposal.

Voting

  • FOR: Agree that KITE rewards to alETH and alETH-WETH LP should be disabled.
  • AGAINST: Keep these reward allocations eligible for future emissions.
  • ABSTAIN: No preference.

References

Final Votes

Quorum

26.75K of 9.74K

Majority support

Yes

For

26.75K

Against

0

Abstain

0

Final Votes
Status

Thu Jul 23, 03:38 pm

Draft created

Thu Jul 23, 03:38 pm

Published onchain

Fri Jul 24, 03:38 am

Voting period started

Fri Jul 24, 08:04 pm

Voting period extended

Sat Jul 25, 08:04 pm

Voting period ended

Sat Jul 25, 11:30 pm

Proposal queued

Execute proposal