To incentivize INDY Staking using the unallocated rewards from proposal #39, aiming to balance the rewards between INDY Stakers and LP and SP.
Changes
Allocate 2917 INDY per epoch using the unallocated rewards from proposal #39 to INDY Staking.
Current INDY Staking rewards: 2398 INDY
Updated INDY Staking rewards: 5315 INDY
Unused allocations prior to execution of this proposal shall be designated to the treasury.
There was 26k INDY in the unclaimed/expired rewards pool after 6k was earmarked for continuation of the incentivized ADA/INDY pool in Minswap. So to confirm then you are proposing to send that 26k INDY to the DAO Treasury, correct?
It references to 2917 per epoch unallocated rewards up till this proposal execution right
If this execute immediately upon the rewards changes for #39, there will be 0 unused allocations for point 2.
I think we should look into different % tiers for these reward payments, ie the people who have staked for longer should receive a larger piece of the pie. Boosted Staking. Rewarding the right behaviours will pay dividends further down the track. Tagging @EC_ATX for visibility here too