LVM RBW Changes

Summary We are proposing an increase in the RBW cost for LVM minting.

Motivation After the RBW emissions reduction, RBW emissions to incentivize staking and LPing sit at 50,625 daily. The RMP sees roughly 65k of daily RBW volume, resulting in a net sink of 3.25k RBW per day. Between breeding and evolving, we typically see 40k RBW sunk each day. From the LVM, we see around 20 land mints per day, resulting in a net sink of 1k RBW. All in all, we are removing ~44K RBW from the supply each day versus the ~50k of RBW inflation.

With jousting, there is a 10% rake on entries that flow to the treasury. Potions will prove critical to the success in tournaments. The launch of jousting will likely increase breeding/evolution spend as demand for high stat corns picks up too. However, we believe it will not be sufficient. That is why we are proposing to increase the LVM RBW cost in this proposal.