You signed in with another tab or window. Reload to refresh your session.You signed out in another tab or window. Reload to refresh your session.You switched accounts on another tab or window. Reload to refresh your session.Dismiss alert
Currently the gauges emit 1M SBR per day, we should experiment with a lower amount of emissions. This decreases sell pressure on the token, but also reduces the APY from SBR emissions. However as the SBR emission APY is mostly on UXD and greatly above ecosystem rate, at this point in time the higher-than-average APY does not lead to more liquidity in the gauge, meaning we should be able to safely lower the emission rate.
Actions
Reduce the daily emission of SBR from 1M SBR per day to 500K SBR per day.
The text was updated successfully, but these errors were encountered:
Summary
Discussion here: https://discord.com/channels/835104494421016586/1220256829641068664
Currently the gauges emit 1M SBR per day, we should experiment with a lower amount of emissions. This decreases sell pressure on the token, but also reduces the APY from SBR emissions. However as the SBR emission APY is mostly on UXD and greatly above ecosystem rate, at this point in time the higher-than-average APY does not lead to more liquidity in the gauge, meaning we should be able to safely lower the emission rate.
Actions
Reduce the daily emission of SBR from 1M SBR per day to 500K SBR per day.
The text was updated successfully, but these errors were encountered: