BIP-86: Set a Deadline for Claiming LM Rewards

sync

1. Summary

This BIP seeks to set and subsequently announce a deadline for claiming the remaining BOTTO rewards from Botto's Liquidity Mining (LM) program that recently ended on Ethereum mainnet.

Specifically, it is proposed that a deadline of January 6, 2026, be set for claiming LM rewards, after which any unclaimed BOTTO would be returned to the DAO treasury wallet.

2. Rationale

Botto's LM program on Ethereum mainnet recently ended on October 15, 2025. To date, over 700K BOTTO remains unclaimed by LPs from the LM contract.

Considering Botto's LM program was extended by an additional year with the passage of BIP-42 in early 2024, LPs have had ample notice of its approaching end.

After Botto first launched in 2021, a deadline of January 6, 2022, was set for BOTTO airdrop claims. Following the deadline, about 13.6M BOTTO was ultimately returned to the DAO treasury wallet.

Accordingly, this proposal seeks to similarly follow Botto's airdrop claims approach with unclaimed LM rewards, whereby a deadline of January 6, 2026, would be set, after which any remaining BOTTO rewards in the LM contract would be returned to the DAO treasury wallet.

3. Proposal Specifications

Set a deadline of January 6, 2026, for LPs to claim BOTTO rewards from Botto's LM contract.
Communicate and issue reminders about the claims deadline broadly across Botto's various community and social media related channels.
After the deadline passes, any unclaimed BOTTO rewards would be returned to the DAO treasury wallet.

Note: how any unclaimed BOTTO may be used after it is returned to the treasury is beyond the scope of this proposal and can be deliberated by the DAO in future BIPs.

4. Criteria of Success

Establishing and conveying a clear deadline for claiming BOTTO rewards from the LM contract.
Replenishing the DAO treasury's BOTTO holdings from unclaimed BOTTO rewards after the deadline passes, which may then be used for other Botto related initiatives as determined by the DAO in the future.

5. Disadvantages/Risks

Setting a deadline for claiming LM rewards may be perceived as an inconvenience by some LPs, though repeated communication about it will ensure that there is no oversight from those who are engaged.

refri

Deadline seems fine to me but duration seems a bit short to me. I would say at least a year till ending of the rewards program is more appropriate. And btw: how do I claim right now....the button already vanished.

for everyone having the same issue: To receive the rewards for the lm program it is necessary to un-stake. The rewards will then be paid out to your wallet, although you must first confirm a window in the UI that says something different (at least that's how I got it). Restaking the lp tokens afterwards wasn't possible, hopefully the are generating voting points anyway.

sync

refri Thanks for the feedback. The LM program actually ended a few weeks ago on 10/15/25, so the proposed claims deadline for LM rewards of 1/6/26 would correspond to about three months after that.

The ending of the LM program on 10/15/25 was known for over a year and half in advance, following the passage of BIP-42 in early 2024, which extended the LM program by an additional year (it was previously scheduled to end in October 2024).

So I think the proposed claims deadline of 1/6/26 for LM rewards is fair when considering this, coupled with the fact that it mirrors the airdrop claims deadline of 1/6/22 shortly after Botto launched.