This proposal sends $1 million USDC to the executive multi-sig (secured with 8 of 13 signers) to provide launch prizes for PoolTogether V4.
Additionally this proposal reduces the USDC drip rate by 50% from 1,000 POOL per day to 500. This constitutes a 22% drop in total daily emissions.
Discussion: https://gov.pooltogether.com/t/ptip-39-incentives-for-v4-prize-pool-launch/1583