theswanwar

theswanwar also, I don’t understand why the only options are lowest rate and ‘do nothing’ I have yet to vote because I don’t disagree that inflation right now can be an issue but would like to see a breakdown of some sort as to why a specific reward rate is chosen. As it stands I would have to vote for do nothing because I don’t know why I’d vote for the lowest possible without some metric for that option. I’d certainly consider lowering the rate to increase efficiency. Or maybe a proposal where we reduce the rewards for LPs? Just a thought. How productive has the previous OIP where stakers split rewards with LPs been? Are we seeing clear measurable benefits from this? To be clear I’m not saying we aren’t seeing benefits. I’m genuinely curious on the performance of our actions and if reducing rewards based on this proposal make the MOST sense.

While I understand the benefits of reducing reward rate, particularly in these market conditions, I do wonder what the motivation is for going to the absolute lowest rate in the current range. Also with the new frame work we are working on that will reflect a reward rate better suited to market conditions, does this then mean at some point in the future the rate ‘could’ then increase as sell pressure decreases and market demand increases so long as we are within a certain supply range? Or are we to expect a continual decline in reward rate from here on out?

Definitely for this proposal. With time and experience comes new information and reevaluating our budget to better suit demand is obviously sensible. Kudos to the team for the superb execution and being under the previously proposed allocation while accomplishing great things for the econohmy. Efficiency is stellar keep up the good work.

Great proposal and great opportunity to expand liquidity while adding value to the treasury. As far ask risks, what exactly are the risks and have the contracts been audited etc. Looking at the initial proposed deployment of 10M I think we are playing it pretty safe there anyhow.

0xFelix couldn't have put it better.

absolutely, positively, yes please. INCOOOHMIES

Zeus all for it, let’s do it!