p63 Renewal of farming program

This proposal aims at renewing:

• 2cad
• 2jpy
• 2sgd
• 2nzd
• 2eur (agEUR)

To add:

• 2ngn
• 2eur (PAR)
• 2eur (EURT)

Note that this proposal do not add a 2eur (EURS) pool due to its low liquidity. Yet, the 2eur (EURS) pool will be launched and will have a gauge with the new token.

Target: yield of 10%.

• A TVL of $500k per Euro pool ($1.5M in total, so $12.5k of rewards per month = 833.33k JRT)
• A TVL of $50k for 2ngn pool (so $416.67 of rewards per month = 27.78k JRT)
• A TVL of $200k for 2cad 2nzd 2sgd and 2jpy (so $800k in total, $6.67k of rewards per month, 444.44k JRT)

Altogether it would equal to 1.305M JRT per month = $19.5k per month.

We could reduce this by:

• asking Mimo to pay half of the 2eur PAR yield ($2.08k per month, 138.89k JRT)
• asking Angle to pay half of the 2eur agEUR yield ($2.08k per month, 138.89k JRT)

This would save $4.16k per month = 277.78k JRT.

So this would reduce the amount to 1.027M JRT per month, for 2 months = 2.054M JRT.

VOTE

1. YES: launch 3 new tokens (JRT-MIMO-SEP22, JRT-ANGLE-SEP22, JRT-SEP22) and invest 2.054M JRT in the program
2. NO: discuss this proposal again