As a constant effort to balance incentivizing products with competitive APYs and limit farm "freeriders", we currently propose following KALM daily emissions cuts.
*Note: This is a pre-transitional proposal focused on getting feedback for KALM single staking joining DeFi Wars.
NFT Wars: 450 (-15) -> 435
Reasoning: slight reduction within the general logic.
All LPs + Vaults: 950 (+50) -> 1000
Reasoning: rebalance from KALM single staking.
Single Stake BNB: 430 (-50) -> 380
Reasoning: preparation for joint emissions on KALM staking in DeFi Wars (same as CAKE single stake); if community feedback is positive, we will push the update with Beta release..
Lend BNB: 30 (-5) -> 25
Reasoning: leveled reductions to further move towards "real yield" (borrowing fees).
Borrow BNB (leveraged farms): 50 (-25) -> 25
Reasoning: moderate reductions to further incentivize farmed assets shorting vs KALM farming.
*Note: both leveraged yield farming sections are eventually to be switched to vote based rewards like in current LP Wars.
Unsold bonds: burn quarter, recycle another 75% to treasury for future rewards.
Reasoning: to slow down the long time mining reserves burn while keeping the same numbers of bonds to purchase available.
General bonds: removing BUSD pairs, replacing with USDT. Extending duration to 10 (smaller discount) and 20 (larger discount) days.
Reasoning: current numbers accommodate the needs well; increased length theoretically could attract more long term-oriented participants.
Total change for the emissions cuts round proposed: -40 kalm/day.
The vote is passed if "Yes" gets 50.1%+ of the votes. An adjusted vote to follow up based on the distribution of "No" responses.