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closedEnded 3 years ago · Snapshot (Offchain)

BIP 99: Badger Emissions Going Forward

By 0xc904...a13b13

TLDR

The DAO has historically allocated emissions through a quarterly schedule that is ratified by token holders. Current emissions schedules are mostly assigned to specific vaults. There is, however, an exception that has demonstrated successful delegation of emissions responsibility.

The Community Council was allocated up to 8k BADGER per week for Bribing / Emissions. This allocation has been used to bootstrap new products and generate strong yields. It has shown the power of flexible emissions.

It’s proposed this flexible emissions model is expanded to cover all emissions by:

  • Continuing to allocate up to 8k BADGER per week, to be directed by the Badger Community Council
  • Granting the Badger Treasury Council responsibility for directing the remaining emissions. Weekly emissions directed by the Treasury Council will remain capped at the current level, set for Q2 and held over for Q3/4, of 20k.

It is believed that strengthening emissions flexibility will provide more efficient and responsive emissions distribution and will maximize the value of Badger created assets.

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Votes 453
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0x36cc...F2ffc6
2.286M

Approve Proposal

0x4ccC...197bca
20,381

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0x84a6...821f07
7,493

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0x3f99...9f59c8
7,000

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0x7947...B91506
5,310

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Proposal Status
  • Mon October 31 2022, 02:24 pmVoting Period Starts
  • Mon November 14 2022, 04:00 pmEnd Voting Period
Current Results

1-Approve Proposal

2.347M

99.88%

2-Reject Proposal

2,762.092

0.12%
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