To simplify our tokenomics and add some clarity and certainty to the emissions rate, we propose to adopt the following new tokenomics structure:

250,000 - Liquidity Mining:

• Will last one year (ends in March 2022). This includes both pool 2 and rewards for lending pools. The current rewards emission system will not be changed.
• If there are remaining $RULER, it will be sent to the treasury. Any additional liquidity mining emissions can be at the discretion of governance, deducted from treasury.

500,000 - Treasury:

• Used for all other areas, including but not limited to rewarding contributors, new on-boarded team members, bug bounties, etc.

250,000 - Founding Team Salary:

• No changes. Vested over two years.

What has changed?

• Liquidity Mining expectation of emissions is clarified. Based on the current usage, we are scheduled to use the entire allocation within one year.
• Contributor Mining is nixxed. Future airdrops, if any, will be voted on by governance and allocated from the treasury. This will alleviate a great deal of confusion and risk regarding 14% of the total supply going to unknown parties.