Ammendment to SIP#20 - Continued Balance and Rebalancing

Background Per SIP#20, Stargate leverages POL to rebalance pools and ensure the optimal state of Stargate. This achieved the desired results as reflected monthly transparency reporting found here: https://commonwealth.im/stargatetoken/discussions/Foundation. With aggressive flows of digital assets between layer 2 blockchains such as Arbitrum and Optimism and Ethereum, pool rebalancing remained beneficial and should be scaled. Due to the 7 day bridge time back, in these scenarios, a larger base of POL is required to maintain the targeted balances.

Proposal: The POL capacity for rebalancing should be increased by USD 10m in stablecoins (to a total of USD 15m in stablecoins). This should result in pool balances to be maintained at greater efficiency and allow additional flow of funds from L2 to L1 via Stargate. It is also expected that this would result in greater fees capture by Stargate and a larger share of balancing rewards toward POL growth.

Execution: In administering rebalances, Stargate Foundation could employ an additional 10,000,000 in stablecoins. Transparency reports will continue to be produced for the DAO to evaluate the effectiveness of the rebalancing. The DAO retains the right to cancel or terminate the capacity for rebalancing at all times.

Summary The POL capacity for rebalancing should be increased by 10m in assets. By having a balanced system the protocol will be able to function with less TVL, warranting a future reduction of emissions and more revenue per dollar staked within the protocol.