SUSHINOMICS 1.1 : SUSHI emission

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There seems to be a general consensus that it would be good to reduce unlocked SUSHI emissions in favor of locked emissions.

The current consensus based on past polls seems to be that ⅔ of the SUSHI emissions should be locked and ⅓ should be unlocked. Some also want to take down total emissions, others don’t. In addition there has been discussion of a hard cap on Sushi supply.

This poll is to establish two things:

Should we move forward with that? If so, which of two implementation paths should we follow?

One path is to fully implement this, and then release it; that will likely take a few weeks.

Another path is to first reduce emissions, and then implement the locked up parts and retroactively reward liquidity providers with the locked portion.

Taking emissions down can be done by pointing them at a dead pool. Vesting can be done by pointing them at a pool controlled by a contract which implements vesting. Temporary measures could be done by reducing total emissions if desired with a dead pool, and then pointing vesting emissions at a pool controlled by the multisig which would later redistribute, locked, to stakers. There are other ways to do these as well.

So here is a poll.

Note: this will take a minimum of 300k total SUSHIPOWAH to pass

Option 1: ⅔ of SUSHI emissions are locked for 6 months, ⅓ unlocked; wait to change anything until fully ready; hard-cap supply at 250m ever

Option 2: ⅔ of SUSHI emissions are locked for 6 months, ⅓ unlocked; immediately take emissions down by 66%, and then apply the locked portion (including retroactively) once the code is ready; hard-cap supply at 250m ever

Option 3: Take total emissions down by 50%; ⅔ of SUSHI emissions are locked for 6 months, ⅓ unlocked; wait to change anything until fully ready; hard-cap supply at 250m ever

Option 4:Take total emissions down by 50%; ⅔ of SUSHI emissions are locked for 6 months, ⅓ unlocked; immediately take emissions down by 83%, and then apply the locked portion (including retroactively) once the code is ready; hard-cap supply at 250m ever

Option 5: I do not like any of these options; retain the status quo

General Manager 0xMaki