Advertised APY for the BTC pool: 06-August-2023 to 20-August-2023

What should be the advertised APY for the BTC pool?

The Advertised APY is promised to depositors for one governance cycle. The higher the difference between the Advertised APY and the Realised APY (what we can achieve via Liquidity Direction) the more value will be redistributed to Voters.

The mechanism used to redistribute value to Voters has been described by the core team in this article:

• https://blog.alluo.com/alluo-tokenomics-v2-3ff53bebcf8d

Parameters for contract:

{
    "type": "apyProposal",
    "args": [
        {
            "data": {
                "cmdIndex": "0",
                "cmd": "0x00000000000000000000000000000000000000000000000000000000000000600000000000000000000000000000000000000000000000000000000000000064000000000000000000000000000000000000000000000000016345785f6b7322000000000000000000000000000000000000000000000000000000000000000a6962416c6c756f42544300000000000000000000000000000000000000000000"
            },
            "stringOption": "1% APY"
        },
        {
            "data": {
                "cmdIndex": "0",
                "cmd": "0x000000000000000000000000000000000000000000000000000000000000006000000000000000000000000000000000000000000000000000000000000000c80000000000000000000000000000000000000000000000000163457861482802000000000000000000000000000000000000000000000000000000000000000a6962416c6c756f42544300000000000000000000000000000000000000000000"
            },
            "stringOption": "2% APY"
        },
        {
            "data": {
                "cmdIndex": "0",
                "cmd": "0x0000000000000000000000000000000000000000000000000000000000000060000000000000000000000000000000000000000000000000000000000000012c000000000000000000000000000000000000000000000000016345786320362e000000000000000000000000000000000000000000000000000000000000000a6962416c6c756f42544300000000000000000000000000000000000000000000"
            },
            "stringOption": "3% APY"
        },
        {
            "data": {
                "cmdIndex": "0",
                "cmd": "0x000000000000000000000000000000000000000000000000000000000000006000000000000000000000000000000000000000000000000000000000000001900000000000000000000000000000000000000000000000000163457864f3b4bc000000000000000000000000000000000000000000000000000000000000000a6962416c6c756f42544300000000000000000000000000000000000000000000"
            },
            "stringOption": "4% APY"
        },
        {
            "data": {
                "cmdIndex": "0",
                "cmd": "0x000000000000000000000000000000000000000000000000000000000000006000000000000000000000000000000000000000000000000000000000000001f40000000000000000000000000000000000000000000000000163457866c2ba0e000000000000000000000000000000000000000000000000000000000000000a6962416c6c756f42544300000000000000000000000000000000000000000000"
            },
            "stringOption": "5% APY"
        },
        {
            "data": {
                "cmdIndex": "0",
                "cmd": "0x0000000000000000000000000000000000000000000000000000000000000060000000000000000000000000000000000000000000000000000000000000025800000000000000000000000000000000000000000000000001634578688d5bd2000000000000000000000000000000000000000000000000000000000000000a6962416c6c756f42544300000000000000000000000000000000000000000000"
            },
            "stringOption": "6% APY"
        },
        {
            "data": {
                "cmdIndex": "0",
                "cmd": "0x000000000000000000000000000000000000000000000000000000000000006000000000000000000000000000000000000000000000000000000000000002bc000000000000000000000000000000000000000000000000016345786a53af20000000000000000000000000000000000000000000000000000000000000000a6962416c6c756f42544300000000000000000000000000000000000000000000"
            },
            "stringOption": "7% APY"
        }
    ]
}