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TrueFiTrueFiby0xD8053b3FfA674E5A96445756922d81A3aF38eEE20xD805…eEE2

[Proposal] August 26 - Sept 9 TrueFi LP Incentives

Voting ended over 4 years agoSucceeded

Original Authors: Tyler Wallace, Ryan Rodenbaugh Forum Post: https://forum.truefi.io/t/proposal-august-26-sept-9-truefi-lp-incentives/744

Summary

Decrease total LP emissions by 9% from 330,000 TRU/day to 300,000 TRU/day.

  1. Decrease total tfTUSD emissions by 10,000 TRU/day to 35,000 TRU/day. In line with the tfTUSD pool migration starting on 8/26, incentive emissions will be split 50/50 between the legacy tfTUSD farm and tfTUSD in the liquidity gauge.
    • 17,500 TRU/day to legacy tfTUSD farm
    • 17,500 TRU/day to tfTUSD in liquidity gauge
  2. Decrease tfUSDC by 15,000 TRU/day to 170,000 TRU/day. Farm emissions will be migrated to the liquidity gauge, starting 8/26 at 11am PST.
  3. Decrease tfUSDT by 5,000 TRU/day to 95,000 TRU/day. Farm emissions will be migrated to the liquidity gauge, starting 8/26 at 11am PST.

If widely supported, the proposed changes will go into effect at approximately 11:00 am PST on Thursday, August 26, 2021.

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Timeline

Aug 22, 2021Proposal created
Aug 22, 2021Proposal vote started
Aug 24, 2021Proposal vote ended
Oct 26, 2023Proposal updated