Hey everyone - thanks for the feedback and responses so far. For clarity and transparency, I’ve provided a summary below to address key points:
- Status of Proposals:
- Both [GP-5] and [GP-6] have already been previously approved, having passed both discussion and voting phases.
- Incentive Implementation:
- The AVMC, as per its mandate in [GP-6], has the authority to allocate some treasury SEAM towards bribes (henceforth referred to as “incentives”).
- Incentives will start with an initial amount of $10,000 during the first epoch, which begins within the next 12–24 hours.
- This process will be revisited weekly (1 epoch = 1 week) to assess and refine the incentive strategy.
- Community Feedback and Transparency:
- The feedback so far has been valuable, I believe it makes sense for periodic reports to be shared here on Discourse to provide insight into the performance of incentives. This will likely need to be discussed and done in collaboration with the Aera team, but seems very possible.
- For example, these reports will analyze metrics like $1 incentives = how many votes on that pool, with future analyses including metrics such as emissions multiplier/emissions gained per vote or incentive.
- Grace Period and Timeline:
- The Aerodrome team has provided a four-epoch (four-week) grace period for new SEAM POL pools.
- To capitalize on this, the first four weeks of incentives will focus on jumpstarting SEAM POL and bootstrapping liquidity on Aerodrome.
- The first epoch begins next week, but incentivization will start this week, Thursday at 00:00 UTC.
And so, that is why the incentives mentioned in point 2 above will go live in the next 12-24 hours.
We’re entering an exciting new chapter for the DAO as we activate the Aerodrome liquidity flywheel and implement the DAO’s POL strategy. Thanks to everyone who has been a part of that journey so far.
Looking forward to seeing these efforts drive positive outcomes for the community.