SPS Governance Proposal - Increase SPS:DEC LP Incentives

in spsproposal •  4 months ago

    DAO Sponsored Proposal #8

    This proposal is part of an ongoing effort to rework and adjust our LP incentives to ensure that we're creating value for the SPS DAO and our token. There are pools that some feel are being significantly overpaid for the value that they provide to our community. If a proposal does not pass, nothing will change until if/when a new proposal is made and passed. Please provide feedback during the preproposal phase as it relates to this particular pool's proposal.

    If this proposal passes, the SPS DAO will increase the inflation being paid to the SPS:DEC liquidity pool on Hive Engine to 1,000,000 SPS per month from the current 825,000 SPS per month. The reason for this increase is that the pool has exposure to both SPS and DEC and this change will bring the incentives in line with our other major pools while potentially attracting displaced liquidity from other LP adjustments.

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