BIP 70. blCVX Badger emissions restructure: pro-rata rewards.
The proposal is to switch Badger rewards from Boosted to Pro-rata on the Badger Locked CVX Sett with the open launch this week, and stop counting the blCVX deposits as the non-native balance in the Boost calculation.
This would mean that all depositors would be receiving the same APR in both Badger and cvxCRV emissions that are allocated to the Sett.
With blCVX not being counted as non-native balance, Sett depositors would still be able to utilize their Boost power on other non-native Setts, while getting the Badger & bcvxCRV bonus from being in blCVX. And it would also make the Sett more attractive for users with smaller Stake Ratios and to new depositors, all while ensuring that the DAO gets as much CVX voting power as possible to vote on Bitcoin pools rewards on Curve+Convex.
Link to Discussions: https://discord.gg/77X9bVnBeg
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x961E...F1E700 | 71,780 | For |
 0x1d5E...2969f4 | 33,267 | For |
 0x649e...0680ac | 19,398 | Against |
 0xBB2d...8c6ed6 | 17,017 | For |
 0x465b...21D0C2 | 12,924 | For |
VOTE POWER
Proposal Status
- Sun October 03 2021, 11:00 pmVoting Period Starts
- Tue October 05 2021, 02:00 pmEnd Voting Period
Current Results
1-For
239,756.926
2-Against
32,167.675