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MorphoMorphoby0x264c86DBbD2E4165FbBf0C35b0ddf0e00AEc6b310x264c…6b31

MIP53 - Update of incentives on PYUSD markets

Voting ended almost 2 years agoSucceeded

We propose to multiply the reward distribution on PYUSD markets by 3 to bring the total to 1500 MORPHO per day. Following the relative sizes of the markets, we propose to split it this way:

  • WBTC/PYUSD (86%): 1000 MORPHO per day
  • wstETH/PYUSD (86%): 500 MORPHO per day

The wbIB01/PYUSD (96.5%) market, which is currently the only one receiving rewards, would no longer receive any.

Off-Chain Vote

Yes, accept the proposal
2.71M MORPHO100%
No, do nothing
240.74 MORPHO0%
Quorum:542%
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Discussion

MorphoMIP53 - Update of incentives on PYUSD markets

Timeline

Apr 26, 2024Proposal created
Apr 26, 2024Proposal vote started
Apr 29, 2024Proposal vote ended
Apr 29, 2024Proposal updated