[ABIP-12] -Reduce emissions to 100% APY & Use Yields for Liquidity & Bond Pools

Summary Reduce APY to 60% on staked ABI. Total emissions will remain at 10 million. Use the remaining 40% emissions to incentivize LP pools, Lending Bond Markets (upcoming), Governance Voting

Motivation

Abachi relies partly on the rebase from OHM for revenues. With a reduction in place we also need to appropriately reduce emissions.

This proposal will allow the treasury and policy teams to target 60% APY on the staking app and an overall emissions control that ensures we do not exceed 100% APY.

40% of the emissions will be routed to:

LP Pools for Uniswap v3 gABI, sABI & ABI We need to increase our liquidity and introduce new markets. Since launch due to market conditions, we have not been able to sell bonds to initiate these. The proposal is to delay no longer and launch these pools and use emissions to incentivize them.

Governance participation - Drop ABI to those who are active in governance. We are lucky a lot of people take active participation in governance, even in these slower than normal bear market days. We would however like to increase this. Community and governance require members to be active. They will be rewarded with emissions.

We are launching permissioned bond markets and have to now increase the TVL on our permissioned pools. Currently we have demand for 4% APY from our partners paid in real world fiat yields. This can probably go up to 6% however to attract a large sum of Capital in the start, we would like to incentivize this capital with ABI emissions. Increasing LP will allow us to more effectively implement this.

Methodology

Policy team will use the set target function to bring the emissions lower in a 2 week period after the vote is held.