SIP-7 Reduce the SWRV emission curve

Inflation of SWRV supply can be seen as a wealth redistribution mechanism from current SWRV holders to future SWRV holders.

The curtail of the SWRV emission curve could lead to economic benefits to SWRV holders without impairing the value created by the Swerve protocol.

Currently the future SWRV emission schedule is envisionned to be an incetive mechanism for Liquidity Providers to entice them to provide liquidity on the Swerve protocol. However, Liquidity Providers will earn protocol fees, and the right amount of incentives could be obtain via the redirection of protocol fees to them.

Currently the emission schedule is as follows: 2 weeks : 9 millions SWRV Year 1 : 9 millions SWRV Year 2 : 3 millions SWRV Year 3 : 3 million SWRV Year 4 : 3 million SWRV Year 5 : 3 million SWRV Year 6 : 3 million SWRV

This proposal seek to probe the view of current SWRV holders, in order to see if there is a need to discuss this subject further. If applicable, the details of the changes in the SWRV emission schedule will be discussed later.