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YelayYelayby0x46FF1b2B030201F572E22FC18c26974EC8Fe88190x46FF…8819

Adjust Spool Emissions [SIP - 1.57]

Voting ended almost 2 years agoSucceeded

Spool.jpeg

Summary 📑

Reduce SPOOL & voSPOOL staking emissions.

Motivation 🔥

This proposal aims to adapt our emissions for long-term sustainability and growth in a changing market. By adjusting rewards, we ensure our community and protocol remain strong and future-ready.

Proposal 📬

Spool is currently emitting 75,000 SPOOL a month to SPOOL stakers, 250,000 SPOOL to voSPOOL stakers, and 25,000 SPOOL bonus emissions to Smart Vaults. The new emissions for stakers shall be set to 30,000 for SPOOL, 100,000 for voSPOOL staking, and 25,000 SPOOL for bonus emissions, per month, by this proposal.

Vote Options 🗳

  • Yes: Agree that staking rewards are set to 30k & 100k, and 25k SPOOL for bonus emissions per month
  • No: Oppose the change to the rewards keeping them at current levels.

Off-Chain Vote

Yes
877.47K voSPOOL51.1%
No
839.05K voSPOOL48.9%
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Discussion

YelayAdjust Spool Emissions [SIP - 1.57]

Timeline

Mar 18, 2024Proposal created
Mar 18, 2024Proposal vote started
Mar 25, 2024Proposal vote ended
Mar 25, 2024Proposal updated