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RevaultRevaultby0x48aA99515A8cAC86bF4A59fA19Ed7d8CbD5852870x48aA…5287

Proposal for decreasing TVL rewards emission from 15% to 10% REVA per block and increasing the DAO treasury emission

Voting ended about 4 years agoSucceeded

Based on Revault’s initial token economics, the $REVA emission will eventually stand for a total of 70% of the $REVA total supply. Currently, with each BSC block 0.7 $REVA is entering circulation making it approximately a total of 20,000 new $REVA per day.

The initial 70% $REVA emission was allocated as follows:

15% of the $REVA allocated to integrated vaults (TVL rewards) 20% of the $REVA allocated to $REVA stakers 25% of the $REVA allocated to $REVA LPs 10% of the $REVA allocated to Revault DAO Treasury

We propose taking 5% of the TVL rewards and adding it to the Revault DAO Treasury. The basis of this proposal is that given the fact Revault platform is making sure its users are always getting the highest APYs in the market, the TVL rewards are only a bonus but in no way constitute the main incentive of the platform users.

On the other hand, Revault’s Treasury is intended to be used for business development, go to market, enhancing user experience and many other verticals that may produce a far greater benefit for Revault users than additional TVL rewards and on the same note might reduce sell pressure.

Therefore, we propose to increase the Treasury emission by 5% on the expense of the TVL rewards.

Off-Chain Vote

FOR
514.62K 98.5%
AGAINST
8.09K 1.5%
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Timeline

Dec 25, 2021Proposal created
Dec 25, 2021Proposal vote started
Dec 27, 2021Proposal vote ended
Oct 26, 2023Proposal updated