MDP-19.1: MTA reward emission overhaul (MCCP-4)

Posted by a representative of the mStableDAO

This forum post and MCCP-4 detail a strategy for overhauling the incentives on mStable.

The MCCP proposes that mStable:

a) stop incentivising mAsset liquidity on third party protocols and focus entirely on Feeder Pools (e.g. tBTC/mBTC feeder pool, which has an effect of leveraging & giving more fees to mAsset SAVE)

b) change the rewards contracts so that X% of MTA is unlocked immediately and Y% is vested over Z months (like the current imUSD vault), with a boost for being an MTA staker, thus incentivising LPs over a longer time period

c) stick to the outlined emission schedule (over the next 16 weeks) and ruleset defined in MCCP-4 in order to calculate weekly pool distributions

Should MCCP-4 be put into effect as outlined in MCCP-4, and with the lockup voted upon in MDP-19.2?