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RaptorRaptorby0x7B98af10490794821973670C3BFF3B3234d5b9020x7B98…b902

[Farm] Divide RPTR-ADA farm rewards by 4

Voting ended almost 2 years agoSucceeded

Intro

RPTR-ADA farm currently has about 100$ TVL, with an astonishingly high 90% APR, representing 1.5M $RPTR being distributed every year.

Description

We suggest dividing this amount by 4, reducing the APR to about 20%, and reducing rewards/year to about 375k RPTR, and redirecting the remaining rewards to treasury. We also consider completely closing this farm, setting rewards to zero.

Consequences

  • If voting results to "Yes", RPTR-ADA farm rewards will be divided by 4, and the rest will be redirected to treasury.
  • If voting results to "Close farm", RPTR-ADA farm rewards will be set to zero, and everything will be redirected to treasury.
  • If voting results to "No, don't touch anything", we won't reduce the rewards

Off-Chain Vote

Yes
22.11M RPTR24.1%
Close farm
69.7M RPTR75.9%
No, don't touch anything
0 RPTR0%
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Timeline

Feb 04, 2024Proposal created
Feb 04, 2024Proposal vote started
Feb 11, 2024Proposal vote ended
Feb 13, 2024Proposal updated