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BadgerDAOBadgerDAOby0x592F75a830Fd400C4f308388FDd6FEad5351e20a0x592F…e20a

BIP 88. Emissions: Q2 2022.

Voting ended almost 4 years agoSucceeded

TL;DR:

  • Keep Badger emissions for ibBTC and bcvxCRV on Ethereum, renBTC and Badger/WBTC on Arbitrum; remove the rest.
  • Allocate up to 8k Badger per week for testing new emissions programs/bribing/etc to be allocated at the discretion of the Badger Council.
  • Keep DIGG emissions the same as Q1 2022.
  • The net result is 20,000 BADGER per week emitted from the treasury in Q2 vs. 27,802 in the last week of Q1. This is a 28% reduction in emissions.
  • bveCVX is currently buying more than 12k BADGER per week and distributing it to its HODLers. This both creates buy pressure for more than half the treasury emitted tokens and makes up for the reduction in emissions to other Vaults.

Vote: Approve allocating 20,000 Badger per week from the treasury for emissions plus up to 8k Badger per week with Badger Council approval for other initiatives in Q2 2022

Forum: https://forum.badger.finance/t/bip-88-emissions-q2-2022/5533 RFF: https://discord.com/channels/743271185751474307/956618202983587851

Off-Chain Vote

Approve
237.08K 98.7%
Reject
3.01K 1.3%
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Timeline

Mar 28, 2022Proposal created
Mar 28, 2022Proposal vote started
Mar 30, 2022Proposal vote ended
Oct 26, 2023Proposal updated