Executive Proposal - "Ethereum x Polygon new incentive model"

If the Mimo Token Holders accept the executive proposal, the following changes will be deployed to the Mimo Protocol:

The total MIMO distribution will be split as the following: | | Before | After | |---|---|---| | Ethereum | 100% | 85% | | Polygon | 0% | 15% |

On Polygon the incentive will be: | | Incentive | |---|---| |  wETH Minting | 15% | |  USDC Minting | 3% | |  wBTC Minting | 7% | |  wMATIC Minting | 15% | |  [PAR: USDC] Balancer pool liquidity providing | 60% |

On Ethereum the incentive will be: | | Incentive | |---|---| |  wETH Minting | 25% | |  USDC Minting | 3% | |  wBTC Minting | 11% | |  [PAR: wETH] Balancer pool liquidity providing | 5% | |  [PAR: USDC] Balancer pool liquidity providing | 28% | |  [PAR: MIMO] Balancer pool liquidity providing | 28% |

RATIONALE

We believe this change needs to be executed because deploying and incentivizing Polygon will offer a better user experience. Depositing/withdrawing collaterals, Minting/Returning PARs will be cheaper and faster, making the Mimo experience a lot more affordable.

BE INFORMED

Please make sure to inform and educate yourself before proceeding with your vote. Community discussions are always welcomed.