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RaptorRaptorby0x7B98af10490794821973670C3BFF3B3234d5b9020x7B98…b902

[Farm&Staking] - Bring rewards back to their pre-Lorentz level

Voting ended 9 months agoSucceeded

Intro

Recently, BNB Chain's block time was cut in half, causing the chain to operate twice as fast as it did before. However, this also causes the RPTR emissions to run twice as fast.

Description

The latest BNB Chain hard fork (the Lorentz hard fork) caused BNB Chain blocks to be mined every 1.5 seconds rather than every 3 seconds (https://www.binance.com/en/square/post/23562524177977). However, the MasterChef (the contract handling the farms and staking) issues rewards on a per-block basis rather than a per-second basis, resulting in a surge in RPTR emissions (twice as much many in a day => twice as much RPTR in a day). Hence, we're considering cutting the reward allocated staking/farms in half, effectively re-balancing the rewards.

Consequences

If this proposal passes, the allocation points of the RPTR Staking pool (PID 0) and the RPTR-BNB Farm (PID 1) would be cut in half:

  • PID 0 would go from 1000 alloc points to 500
  • PID 1 would go from 500 alloc points to 250

The 750 alloc points would then be allocated to the Treasury, similarly to how the previous reward cuts were implemented.

Off-Chain Vote

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108.34M RPTR100%
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0 RPTR0%
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Discussion

Raptor[Farm&Staking] - Bring rewards back to their pre-Lorentz level

Timeline

May 16, 2025Proposal created
May 16, 2025Proposal vote started
May 23, 2025Proposal vote ended
May 23, 2025Proposal updated