PDP 24: MTA rewards distribution on Polygon

Posted on behalf of the mStable ProtocolDAO

This forum post and MCCP 7 proposes to carve out 20% of base emissions (~50K MTA per week) for liquidity mining on Polygon, with incentives going to the Save Vault and Feeder Pools. Incentives could be used for joint-liquidity mining programs with partners and to attract liquidity on Polygon.

The Polygon team has agreed to launch a joint-liquidity mining program on Polygon with MATIC rewards from their #DeFiForAll fund, with more potential partners in the pipeline. It is proposed that the carved out emissions will go to both the Save Vault and Feeder Pools on Polygon.

This proposal is an amendment to MCCP 4.

Should we amend MCCP 4 and carve out 20% (~50K MTA per week) of base emissions for liquidity mining on Polygon?