AIPE-2: Dinosaur Liquidity Mining Days 7-9 Emission Proposal

Background

To show its appreciation for early supporters, Agility held a 21-day Dinosaur Mining Event on April 10th at 9 am (UTC). This event was aimed at providing an opportunity for participants to earn rewards through mining.

The AIP-3: Token Burn Options is a proposal that suggests burning some tokens in order to reduce the total supply of AGI. This proposal aims to balance the interests of current token holders with the need for a sustainable emission rate for future growth. By reducing the total supply, the value of each token may increase as demand remains constant.

The Ethereum Shanghai upgrade has been successfully completed, paving the way for the upcoming LSD Summer. This upgrade is an important step towards improving the performance and efficiency of the Ethereum network. As we look forward to the LSD Summer, we can expect to see more exciting developments and advancements in the blockchain space.

After careful consideration, the decision on the emission amount will be handed over to AgilityDAO. This ensures that the community has a say in the future of AGI and its emission rate. It also encourages transparency and collaboration within the community.

Purpose

This page serves as a proposal for the emissions of esAGI during the Dinosaur Liquidity Mining event, specifically for days 7-9. The proposal includes three different emission options for the community to consider, along with the distribution ratio and duration for the emissions.

The main purpose of this proposal is to provide an opportunity for participants to earn rewards through mining and to encourage greater staking of ETH. Through this proposal, the community is invited to participate in the decision-making process and contribute to the future of AGI and its emission rate.

By providing different emission options, the proposal aims to balance the interests of current token holders with the need for a sustainable emission rate for future growth. The proposal also encourages transparency and collaboration within the community by allowing LP tokens in farming to participate in the voting process.

In summary, Agility serves as a platform for the community to consider and decide on the emissions of esAGI during the Dinosaur Liquidity Mining event, with the ultimate goal of providing participants with an opportunity to earn rewards through mining and to encourage greater staking of ETH, while balancing the interests of current token holders and maintaining a sustainable emission rate for future growth.

Proposal

Two Motivations

• To celebrate the successful upgrade of Ethereum, Agility has decided to increase the emissions of esAGI.
• As part of our efforts to promote greater staking of ETH, we have decided to implement a change in our staking reward system. Specifically, we will be increasing the staking reward for LSD, while simultaneously decreasing the staking reward for ETH.

After careful consideration, the decision on the emission amount will be handed over to AgilityDAO.

Dinosaur Liquidity Mining: days 7-9 emissions

Emission Duration: 9 am on 16th April(UTC) - 9 am on 19th April(UTC)

Distribution Ratio:

• ETH Pool: 16.36%
• stETH Pool: 36.36%
• AGI-WETH Pool: 42.19%
• frxETH Pool: 2.91%
• rETH Pool: 0.73%
• ankrETH Pool: 0.73%

We are presenting three emission options to the community for consideration:

Days 7-9 emissions

• Base Output: Total 4,125,000 esAGI rewards.
• 20% Increase: Total 4,950,000 esAGI rewards.
• 35% Increase: Total 5,568,750 esAGI rewards
• 50% Increase: Total 6,187,500 esAGI rewards

Marketing Fee

After AGI burns 500m, the total amount of AGI is 500m, and the corresponding marketing share(1%) is 5m. The marketing Fee will be stored in the Agility Treasury address, supported by Safe.

Agility.Treasury.eth: 0x11c0b36a6d5DB7AD79e8E19Ad9734f74006023AB

The protocols will mint 1m AGI for

• Immunefi
• Contract Audit
• Cooperate with CEX

Use AGI-WETH LP Token and AGI to participate in voting.

Note: LP tokens in farming can also participate in voting.

Voting ends at 2 pm on 15th April(UTC).