PSP-IPΔ5: Adjust incentive budgets

Voting ended about 4 years agoSucceeded

Lower the PSP budget allocated to staking reward progressively to rebalance the risk/reward model of staking vs liquidity providing on PSP.

If accepted, its implementation will begin one epoch after the vote, which is progressive. Post-proposal budgets: Epoch 3 = 5M PSP Epoch 4 = 4M PSP Epoch 5 and onwards = 3M PSP

The full proposal is here, including 5min audio recap in EN and FR: https://gov.paraswap.network/t/psp-ip-5-adjust-incentive-budgets/180

Off-Chain Vote

FOR = Lower to 3M progressively

6.12M 41.9%

AGAINST = Keep 5M

8.42M 57.6%

ABSTAIN

79.42K 0.5%

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Timeline

Dec 21, 2021Proposal created

Dec 21, 2021Proposal vote started

Dec 24, 2021Proposal vote ended

Mar 13, 2024Proposal updated