Executed

Fix Rewards Params


ID 2

ID 2

Proposed on: Sep 12th, 2023

Proposed on: Sep 12th, 2023

Votes

Actions

Type

Address

Details

Custom

0x8B66...0A75

changeCrvRewardFee(..)

Custom

Account

0x8B66...0A75

Method

changeCrvRewardFee(..)

Custom

0x8B66...0A75

changeCvxRewardFee(..)

Custom

Account

0x8B66...0A75

Method

changeCvxRewardFee(..)

Proposal

The current reward paramters for Amphora are too low by an order of magnitude at 0.01 and 0.02 when they should be 0.1 and 0.2 respectively.

This has resulted in the protocol taking lower fees but also giving less rewards than needed. These protocol changes will fix that.

In the Bootstrap Tool this was further exacerbated by using the input number as the output number. So the treasury will have to manually top up the AMPH tokens of those converting via the bootstrap tool, even afte these changes.

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