Summary
Increase the HAI/BOLD Curve LP staking allocation from 25 to 50 KITE/day to support HAI market depth and trading execution.
Specification
- Campaign:
lp-hai-bold-curve.
- Current allocation: 25 KITE/day.
- Proposed allocation: 50 KITE/day.
This campaign is distinct from borrowing against Beefy's BOLD/LUSD collateral. No collateral stability fees, ratios or debt ceilings change. Deeper liquidity does not itself guarantee net HAI buying or convergence to the redemption price.
Implementation
This is a signaling proposal instructing the rewards operator to apply the allocation prospectively from the first full daily reward period following successful governance execution, update the published configuration, preserve accrued entitlements, and publish implementation confirmation. Any activation delay must be disclosed.
Voting
FOR: approve 50 KITE/day and instruct its implementation. AGAINST: retain 25 KITE/day. ABSTAIN: no preference.
Resubmission
This proposal resubmits the policy in the previous proposal, which did not reach quorum: https://www.tally.xyz/gov/hai/proposal/37044857864632997242385895890481104828333027351611798337470517809635325486816. The economic targets are unchanged.
The compatibility action is a zero-value, empty-calldata call by the HAI timelock to itself. It does not change reward allocations; those still require implementation by the rewards operator.