DefiDollar team would like to propose incentivized AMM pools and their respective weekly allocations for the month of January. According to the community token release schedule, 1.86 million DFD will be mined in the month of January. Incentives for December are running out on Dec 29, so there need to be a total of 5 reward funding events on Dec 29, Jan 5, Jan 12, Jan 19, Jan 26.
We would like to reserve 10k DFD tokens for a potential user acquisition campaign on RabbitHole and/or AMAs. That leaves us with 1.85mil/5 = 370,000 DFD tokens per reward funding event.
We propose to incentivize the following pools along with their respective weekly allocations. All these pools are currently already incentivized.
- Balancer 58:42 DFD/DUSD - 100,000 DFD
- Curve 3Pool/DUSD Metapool - 100,000 DFD
- Uniswap DFD/DUSD - 75,000 DFD
- Uniswap DFD/ETH - 65,000 DFD (Revised based on feedback)
- DFD Staking (Buyback vault) - 30,000 DFD (Revised based on feedback)
A. 20,000 DFD weekly incentives for DFD Staking vault are in addition to the buyback amounts. This is to encourage staking until the buybacks are sufficiently high to sustain the vault independently.
B. Sushi team is working on a joint liquidity mining contract for users to be able to farm DFD + Sushi together from a single staking contract. The current ETA for the same is the third week of Jan and we plan to retire the Uniswap pools once that is live.