# CIP-17: Migrate CTX-WETH rewards to Uniswap V3

**URL:** https://forum.cryptex.finance/t/cip-17-migrate-ctx-weth-rewards-to-uniswap-v3/338
**Category:** Proposals
**Created:** [August 3, 2022, 8:18pm UTC](https://forum.cryptex.finance/t/cip-17-migrate-ctx-weth-rewards-to-uniswap-v3/338 "2022-08-03T20:18:14Z")
**Posts on this page:** 6
**Page:** 1

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### Author: ![DesertDwelr](https://yyz2.discourse-cdn.com/flex028/user_avatar/forum.cryptex.finance/desertdwelr/32/74_2.png) [@DesertDwelr](https://forum.cryptex.finance/u/DesertDwelr)
#### Post date: [August 3, 2022, 8:18pm UTC](https://forum.cryptex.finance/t/cip-17-migrate-ctx-weth-rewards-to-uniswap-v3/338/1 "2022-08-03T20:18:14Z")

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The latest round of CTX-WETH LP rewards on Sushiswap expired as of 7/27/2022.

13,348 CTX were earmarked from the team multisig (not the treasury) for CTX-WETH LP rewards over the next 3 month period. We have the opportunity to migrate these rewards to Uniswap V3 Pool instead of continuing on Sushiswap.

This proposal is similar to CIP-16 (which was about migrating rewards for TCAP-WETH LPs).

## **Vote**

[This vote will be on Snapshot.](https://snapshot.org/#/cryptexdao.eth/proposal/0xf3f7ed5a66031d8dc14786827655d030005bd76ee7ad5f7d6c5cdd45d0156fe0)  
Voting ends on 8/7 at 22:00 UTC

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### Author: ![DesertDwelr](https://yyz2.discourse-cdn.com/flex028/user_avatar/forum.cryptex.finance/desertdwelr/32/74_2.png) [@DesertDwelr](https://forum.cryptex.finance/u/DesertDwelr)
#### Post date: [August 3, 2022, 8:36pm UTC](https://forum.cryptex.finance/t/cip-17-migrate-ctx-weth-rewards-to-uniswap-v3/338/2 "2022-08-03T20:36:30Z")

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My vote: “Migrate rewards to Uniswap V3”  
Rationale: While we should continue to reduce rewards emissions going forward, I think its worthwhile to reward this period on Uniswap V3 to encourage LPs to migrate liquidity from Sushiswap to Uniswap. Uniswap is our preferred option as it offers significantly less slippage and allows for concentrated liquidity.

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### Author: ![leo130](https://yyz2.discourse-cdn.com/flex028/user_avatar/forum.cryptex.finance/leo130/32/41_2.png) [@leo130](https://forum.cryptex.finance/u/leo130)
#### Post date: [August 3, 2022, 10:37pm UTC](https://forum.cryptex.finance/t/cip-17-migrate-ctx-weth-rewards-to-uniswap-v3/338/3 "2022-08-03T22:37:18Z")

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support, Uni v3 rocks.

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### Author: ![dnkta.eth](https://yyz2.discourse-cdn.com/flex028/user_avatar/forum.cryptex.finance/dnkta.eth/32/238_2.png) [@dnkta.eth](https://forum.cryptex.finance/u/dnkta.eth)
#### Post date: [August 4, 2022, 12:56pm UTC](https://forum.cryptex.finance/t/cip-17-migrate-ctx-weth-rewards-to-uniswap-v3/338/4 "2022-08-04T12:56:23Z")

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Makes sense to move the pool to Uni V3 for now.  
It looks like there are better and more innovative ways to improve liquidity. Hopefully we can come up with a new strategy in 3 months.  
Please everyone have a look here and share your input:

> [@Cryptex Liquidity Strategy: CTX (1/2)](https://forum.cryptex.finance/t/cryptex-liquidity-strategy-ctx-1-2/337):
>
> Intro Cryptex has currently 2 liquid pools. Today I’d like to talk about CTX/WETH pool on Sushiswap because it has slightly different specifics than the TCAP pool. (It will be discussed in separate forum topic as Cryptex Liquidity Strategy: TCAP (2/2)) Liquidity is an issue for a lot of projects. In the early days of defi, liquidity mining was used to ensure liquidity, but the projects found out pretty soon this is very expensive and inefficient. This fact led to a number of projects trying t…

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### Author: ![m0xt](https://yyz2.discourse-cdn.com/flex028/user_avatar/forum.cryptex.finance/m0xt/32/140_2.png) [@m0xt](https://forum.cryptex.finance/u/m0xt)
#### Post date: [August 8, 2022, 7:30am UTC](https://forum.cryptex.finance/t/cip-17-migrate-ctx-weth-rewards-to-uniswap-v3/338/5 "2022-08-08T07:30:17Z")

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I am definitely for the migration to Uni v3. Hopefully we will find better strategy for liquidity within this 3 months period.

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### Author: ![ben\_xtoken](https://avatars.discourse-cdn.com/v4/letter/b/c4cdca/32.png) [@ben\_xtoken](https://forum.cryptex.finance/u/ben_xtoken)
#### Post date: [August 18, 2022, 4:16pm UTC](https://forum.cryptex.finance/t/cip-17-migrate-ctx-weth-rewards-to-uniswap-v3/338/6 "2022-08-18T16:16:23Z")

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How do you guys plan on developing the V3 incentives contract?

xToken has a permissionless, no-code option for deploying LM programs on V3 in a few minutes. We recently won a proposal to manage Optimism’s $OP token incentives through xToken Terminal, which we think will bring a lot more visibility to our platform and bring a bunch of users and activity into the ecosystem overall: [https://twitter.com/xtokenterminal/status/1554917273340481536](https://twitter.com/xtokenterminal/status/1554917273340481536)

Shoot me a DM on Discord if you’d like to see it in action! ben\_xToken#7708
