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mStablemStableby0xE76Be9C1e10910d6Bc6b63D8031729747910c2f6dimsome.eth

PDP 27: Extension of reward distribution

Voting ended over 4 years agoSucceeded

Posted on behalf of the mStable ProtocolDAO

This forum post and PDP 27 proposes to extend the MCCP 4 reward emission window for another 6 weeks. This extension will run from July 19th, until a final distribution on Monday, August 23rd, 2021, and consists of 6 weekly emissions. The amounts to be distributed weekly are to be decided in this vote.

This is being done as a stopgap measure to allow the mStable core contributors, community, and Governors to reach a consensus on a long term emission plan for MTA that factors in more complex factors such as a longer reward emission epoch, staking v2, and a data-driven approach to how MTA rewards are accruing value to the mStable protocol.

Should we extend the reward distribution as per MCCP 4 for another 6 weeks and how much should we distribute weekly?

Off-Chain Vote

276,923 MTA weekly
83.69K 19.6%
242,308 MTA weekly
303.42K 71.2%
207,692 MTA weekly
39.31K 9.2%
Another amount/reject extension
0 0%
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Timeline

Jul 12, 2021Proposal created
Jul 12, 2021Proposal vote started
Jul 16, 2021Proposal vote ended
Jun 26, 2024Proposal updated