[BIP-17] Proposal for Adjustments to Farm Rewards (Extended)

Since its official launch, oPortal V2.0 mainnet has maintained great stability over the past two weeks. Thanks to the hard work of developers, BoringDAO is going to launch the USDC bridge as well as the corresponding liquidity mining program this week. Hopefully oPortal’s liquidity mining programs will generate more income for liquidity providers, and help develop active community members and a large user base for BoringDAO. In the meantime, the second 28-day session of the (3,3) pool will end this Sunday. It is time for us to discuss the rewards for the next Epoch.

The purpose of this proposal is to redirect BORING rewards given to existing farms and give them to new farms including the oPortal USDC pool and the Epoch 3 of the (3,3) pool.

Farm Rewards Details: Boring Farm Current Emission - 100,000 BORING/Day New Emission - 50,000 BORING/Day

oPortal USDT Current Emission - 36,000 BORING/Day New Emission - 15,000 BORING/Day

oPortal USDC Current Emission - 0 New Emission - 15,000 BORING/Day

(3,3) Pool Epoch 2 - 250,000 BORING/Day (3,3) Pool Epoch 3 - 125,000 BORING/Day

According to past practices, the Epoch 3 of the (3,3) pool will automatically begin at 13:50 UTC on Jan. 16, 2022. If this proposal gets passed, new farm rewards will be applied with the start of Epoch 3.