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Angle ProtocolAngle Protocolby0xfdA462548Ce04282f4B6D6619823a7C64Fdc0185angleprotocol.lens

AIP 31 - Part #2: reduce ANGLE emissions by 20%

Voting ended over 3 years agoSucceeded

Hello Anglers,

AIP 31

This is Part #2of AIP 31 aiming to reorganize and reduce ANGLE tokens distribution.

Part #2: reduce ANGLE emissions by 20%

Part #2 vote is to reduce ANGLE emissions by 20%. Token emissions are a tool for protocol growth and decentralization particularly useful when the broad DeFi user base is growing. This allows the protocol to keep more emissions for the future when more users come back to DeFi.

All context can be found in the governance discussion below.

Action

The setRate() function from the AngleDistributor contract will be called by the Governor address to reduce it by 20%.

Voting options

  1. For, reduce ANGLE emissions by 20%
  2. Against, keep current ANGLE emissions

Off-Chain Vote

For, cut ANGLE emissions by 20%
48.46M veANGLE99.5%
Against, keep ANGLE emissions
225.93K veANGLE0.5%
Quorum:4869048%
Download mobile app to vote

Discussion

Angle ProtocolAIP 31 - Part #2: reduce ANGLE emissions by 20%

Timeline

Oct 14, 2022Proposal created
Oct 14, 2022Proposal vote started
Oct 19, 2022Proposal vote ended
Feb 18, 2025Proposal updated