For the full background and discussion, please see the forum post here.

Proposed Configuration

Background:

• Original EcoFund carveout was 23.5% of network
• Treasury owns 5,541,432 AMPL, so 46% of original EcoFund carveout is liquid (not counting the 411,861 AMPL and 289 ETH in Uni v2 and 125K AMPL in Mooniswap)

Following the Bitcoin Emmission schedule would give us a target for Y4Q1 to Y4Q4 of 1.75% of the original Eco Fund per quarter. (That's 1.75% of 23.5% of total supply)

Geyser	Platform	Pair	Chain	% of Eco Fund
Splendid	Aave	aAMPL	Ethereum	0.3 %
Trinity v3	Balancer v2	WAMPL/WETH/WBTC	Ethereum	0.3 %
Beehive v4	Uniswap v2	ETH/AMPL	Ethereum	0.6 %
Crystal	Pangolin	WAVAX/AMPL	Avalanche	0.6 %
Total				1.8%

Steps and Timing

In order to avoid downtime which may impact liquidity providers, we should strive to deploy the next round before the current round ends. This will require some scheduling forethought.

The onchain vote can execute the payload that deposits the funds to the geysers with no intermediaries. This process takes 7 days (2 days delay + 3 day voting period + 2 day timelock).

The offchain signaling step takes 5 days (2 days delay + 3 day voting period).

So I propose aiming for the following schedule, provided there is enough agreement and sufficient delegation to proceed:

July 13th - Execute onchain proposal

June 6th - Latest time to post onchain proposal.

June 22nd - Aim to post offchain signal vote. This gives us enough time for 2 snapshots, if the first one is inconclusive. Alternatively, we could take the extra time for discussion if needed.