[TIP-4] Adjust Current Thruster Emissions

Authors:

0xDJ – Thruster DAO

Summary

This proposal recommends reducing Thruster emissions to preserve protocol incentives for a stronger growth environment in the future, given the current climate on Blast.

Background/Motivation

Thruster protocol’s TVL has been steadily declining due to unfavorable market conditions and reduced activity within DeFi markets. High emissions during this period are disproportionately rewarding a shrinking user base and accelerating token dilution without yielding meaningful growth.

Reducing emissions now does the following:

1. Save resources for when the market conditions are stronger and user acquisition efforts will yield better results.
2. Strengthen tokenomics, ensuring long-term sustainability.
3. Position the protocol for greater impact during future bull cycles, when demand and participation are higher.

Other leading protocols have adopted similar strategies, focusing on sustainable incentives while scaling back during periods of low activity. The goal is to ensure emissions are at an optimal amount, balancing long-term sustainability and potential growth vectors.

Specification

1. Emission Reduction a. Reduce Thruster emissions by 30% across all pools.
2. Reallocation of Emissions a. Unused emissions will remain in the gauge controller. b. Reassess emission allocations based on market conditions.
3. Monitoring and Adjustments a. Track TVL trends and user engagement on Blast to assess the impact of changes in emissions.

Voting

• Vote Type: Single-choice (For/Against/Abstain)
• Duration: 3 days
• Vote Outcome:
  • For: Thruster emissions will be immediately reduced by 30%, preserving incentives for future growth.
  • Against: Current emission levels will remain unchanged.

By approving this proposal, the protocol will adopt a more sustainable approach to emissions, ensuring resources are available for future growth initiatives when the DeFi environment is more favorable.