Should we pause the XLP program?

You can review how many XIO tokens that XLP program has historical paid and is projected to pay at this url: https://bz.to/report-xlp/
• 12.8mil XIO tokens remain for XLP incentives as of Feb 2023. • The next halvening is projected to be in September 2024, at which point ~10mil XIO tokens will remain in the budget for the XLP program. • Using the above examples, that means another ~2.8mil XIO tokens paid over the next 18 months, to help give context of the current rate of inflation.

We need to decide if continuing to pay these XIO tokens at this time is the most efficient use of the token, given that it is creating additional inflation.

Blockzero’s model has been to create many different experimental projects, so that when we create one that is successful we can go all in, as we are currently doing with Flashstake. To give Blockzero more tokens to work with in the future, to concentrate more liquidity in times of higher activity, and more ability to create more experimental projects in the future, this proposal’s purpose is to put to a vote: Should we pause the XLP program? One day we can vote to restart this program or a program like it, when it would be more beneficial to do so.

Choices given for the vote: • March 1st: Stopping as of March 1st means all February LP activity would be rewarded on March 20th as the final distribution date • April 1st: Stopping as of April 1st means all February and March LP activity would be rewarded, with April 20th as the final distribution date • May 1st: Stopping as of May 1st means all February, March, and April LP activity would be rewarded, with May 20th as the final distribution date • No: means the XLP program will continue on as it has been with no changes or end date.

As a reminder, the existing XLP rules are that if you remove any liquidity before the end of any month, you will forfeit all rewards earned so far for that month.

Any liquidity for XIO/ETH on UniswapV2 will continue to earn LP fees, with or without the XLP program. More data on the XIO/ETH pair can be found at: https://v2.info.uniswap.org/pair/0xe0cc5afc0ff2c76183416fb8d1a29f6799fb2cdf