Paladin

Summary: The goal of this proposal is to allocate PAL rewards for palStkAave pools on Apwine according to the PGP 2.

Context & Reasoning: One month ago, one of the Paladin assets(palStkAave) was integrated to the winelisting and on the liquidity mining program on APWine 3 to receive APW rewards.

APWine is a yield tokenizing protocol with allows to sell some yield in advance, and works with two mechanism :

PT (Principal token): Represent the deposit on a 90 days period FYT (Future yield token) : Represent the yield after 90 days period Each asset voted on a winelisting gets two pools: PT/Underlying (palStkAave toknized/StkAave) and PT/FYT (palStkAave tokenized/ yield tokenized) in our case.

The palStkAave auto compounds the yield of the safety module (~6% APR in Aave), but also earns additional PAL rewards when staked on the reward contract, which are not taken into account when palStkAave is deposited into APWine.

Rationale: To continue bootstraping the palStkAave TVL, and to compensate with the issue described above, I propose to allocate 20k $PAL / month, split on both palStkAave pools on Apwine over the next two months.

The rewards can be allocated as follow:

PT/Underlying pool : 3500 $PAL/week PT/FYT pool : 1500 $PAL/week

Means: 20K $PAL/month over the next two months : 40K $PAL (100% of the additional PAL external rewards budget, 0.116% of the total treasury)

Sustainability: I suggested a two months program to finish the first period on APWine, then we can submit a new proposal to renew, adjust, raise, or stop this program before the next period.