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mStablemStableby0xE76Be9C1e10910d6Bc6b63D8031729747910c2f6dimsome.eth

PDP 31: MTA emission and distribution pre Emission Controller launch

Voting ended over 4 years agoSucceeded

Posted on behalf of the mStable ProtocolDAO

This forum post and MCCP 10 proposes to adjust the MTA topline emission and distribution scheme starting on Monday, 18th October 2021, after MCCP 9 is approaching expiration. This adjustment is pre Emission Controller launch and will be replaced by the Emission Controller launch or, before that, by another proposal. This proposal outlines the reduction of the topline MTA emission by 20% compared to MCCP 9 and adjustments to the distribution to different pools.

The proposed distribution is the following:

Network Pool MTA
Ethereum Staking V2 MTA 32,500
Ethereum Staking V2 mBPT 20,000
Ethereum Visor Finance Uniswap V3 5,000
Ethereum Vaults & Feeder Pools (MCCP 4) 68,654
Ethereum Subtotal 126,154
Polygon imUSD Vault 15,000
Polygon FRAX Feeder Pool 10,000
Polygon BAL pool 15,000
Polygon Subtotal 42,360
All Total 166,154

Should the MTA topline emission be adjusted to 166,154 MTA weekly and be distributed as outlined?

Off-Chain Vote

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4.86M 100%
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Timeline

Oct 11, 2021Proposal created
Oct 11, 2021Proposal vote started
Oct 15, 2021Proposal vote ended
Jun 26, 2024Proposal updated