BIP 69 (a). Emissions: Q4 schedule

TL;DR

• Duration: 13 weeks
• 8.5% - 10.4% average yearly rate of Badger supply spending (the current schedule is at 11.5%)
• The base rate of emissions reduction within the schedule is at 8.7% quarterly rate (renBTC on Convex at 1x multiplier would go from 2300 to 2100 Badger/week)
• Non-native Setts:
  • ibBTC/sBTC on Convex: the plan is to migrate 90% of Sushi ibBTC/WBTC pool rewards, and add the 2.5x-2x-1.5x Launch Boost structure on top of it
  • renBTC and Tricrypto on Arbitrum: 1x → 0.5x multiplier reduction over 13 weeks
  • Sushi WBTC/ETH on Ethereum: 1x → 0.5x multiplier change (halving)
  • Sushi WBTC/ETH on Arbitrum: added with 0.1x multiplier
• Helper Setts
  • bcvxCRV 0.2x → 0.5x multiplier change
  • blCVX emissions, approved by BIP 67, will be at 2542 Badger on the first week, 2300 Badger on the second, and 10% targeted APR after. The suggestion is to double these to 5084 and 4600 for the first two weeks.
  • Another blCVX related suggestion is to boost the underlying yield on it with 10,000 cvxCRV/week, which would be distributed pro-rata to Sett depositors.
  • Stop the rewards on bCVX, and stop counting it as a non-native asset in the Boost calc.
• Native Setts
  • The plan is to transition from incentivized liquidity on Uniswap V2 to Treasury Controlled Liquidity on Uniswap V3, and stop the rewards on Uni V2 pool
  • Another suggestion is to halt the rewards on bBadger, as they became redundant with the Boost power-up implementation
• Up to 100,000 Badger is reserved for adding new Setts to the schedule with the Badger Council approval
  Link to the BIP: https://forum.badger.finance/t/bip-69-emissions-q4-schedule/4993