Problem: The Uniswap liquidity pool is driving 35% volume for $RLY, but does the Uniswap liquidity pool has more risk for LPs.
Solution: We should re-allocate emissions to the Uniswap RLY/ETH pool so it accounts for the volume to properly incentivize Uniswap RLY/ETH LPs. This will make the breakdown as the following:
Uniswap RLY/ETH - 35% Balancer RLY/ETH 10/90 - 13% Balancer RLY/USDC 10/90 - 13% Balancer RLY/ETH 90/10 - 13% Balancer RLY/USDC 90/10 - 13% y3Crv Pool - 13%
Alternatives: We can do a lower amount for the Uniswap allocation (30, or 25) instead of 35.
Uniswap RLY/ETH - 35% = Re-allocate rewards to Uniswap pool so it makes up 35% of total LM rewards per block
Uniswap RLY/ETH - 30% = Re-allocate rewards to Uniswap pool so it makes up 30% of total LM rewards per block
Uniswap RLY/ETH - 25% = Re-allocate rewards to Uniswap pool so it makes up 25% of total LM rewards per block
Not in favor = No change to the current liquidity mining rewards
Discourse discussion thread: https://forum.rally.io/t/proposal-to-further-incentivise-the-uniswap-rly-eth-liquidity-pool/86