Update the current APW locking incentives.
The remainder of the APW airdrop was distributed to users who locked their APW, which additionally incentivised locking. According to the schedule of APGP 10, the protocol is still currently rewarding 7500 APW per month to lockers, and this amount was planned to be reduced to 5000 APW starting January 2024.
We propose to set the additional APW distribution to lockers to 10800 APW per month for the next 12 months following the implementation of this proposal, and disregard the old schedule. By doing this, we would continue to incentivise the locking as well as mitigate the dilution of APW lockers.
Here is an estimation of the rewards to lockers in different scenarios:
Update the current rewards variables in the rewarder
Yes, Update the APW locking incentives
No, do not update the APW locking incentives
If this proposal is approved, changes will take effect after the full deployment of Spectra Protocol version 2.
- Yes, update inentives
- No, do not update incentives