RIC Rewards Rate

This is a proposal to vote on the monthly RIC rewards rate across all markets on Ricochet Exchange. The amount selected in the proposal will be the total monthly rewards for RIC across all markets.

Background

There are about 2.3M RIC tokens in the treasury doing nothing. RIC is usually distributed as an incentive to use the app. Setting a monthly rate will determine how quickly that 2.3M is distributed. Some of the 2.3M will be used for bounties or sold through the Launchpad contract.

Proposal

Vote on one of the following options for total market rewards rate below. The proportional breakdown to each market will be voted on in a separate proposal.

• 10K/month
• 25K/month
• 50K/month
• 100K/month
• 250K/month

Vote for the option you wish to see as the total rewards distributed to all markets on a monthly basis. The vote weighted average monthly flow rate will be used.