As part of the V3 launch, we propose to set the annual NOTE incentive rates to 2,000,000 NOTE on Notional's Arbitrum deployment to incentivize LPs and bootstrap liquidity. We propose to set incentive rates according to the following schedule:
| Currency | Proposed Annual Incentive Rates (in NOTE) |
|---|---|
| ETH | 500,000 |
| USDC | 500,000 |
| wstETH | 200,000 |
| rETH | 200,000 |
| cbETH | 200,000 |
| DAI | 100,000 |
| FRAX | 100,000 |
| USDT | 100,000 |
| WBTC | 100,000 |
| Total | 2,000,000 |