SIP-218: Move Curve sUSD pool reward to metapool
| Author | |
|---|---|
| Status | Rejected |
| Type | Governance |
| Network | Ethereum & Optimism |
| Implementor | TBD |
| Release | TBD |
| Created | 2022-03-05 |
Simple Summary
Move the 6,000 SNX reward emission from current sUSD pool to Optimism metapool at 0x061b87122Ed14b9526A813209C8a59a633257bAb by bribing Curve vote to vote on gauge 0xc5aE4B5F86332e70f3205a8151Ee9eD9F71e0797
Motivation
Curve sUSD pool has played a very big role in pegging sUSD since its existence. Currently, 6,000 SNX is minted per week as reward for depositing in the pool. After community consideration, this inflation will be used to incentivize L2 metapool now given that they make up a small proportion of the rewards on L1 and would make up a significant proportion of rewards on L2 and should be use to improve liquidity on L2 instead.
Copyright
Copyright and related rights waived via CC0.