Proposal:

Increase stkTRU staking rewards from 0 TRU/day to 5,000 TRU/day.

Objective:

Attract more participation in staked TRU (stkTRU) governance.

Context:

As market dynamics shift and TrueFi prepares to bring on more deal flow, it would be beneficial to increase governance participation and activism within TrueFi.

TRU staked in the TrueFi staking module (stkTRU) is at a relatively low level. At the time of writing, there is ~40mm TRU staked (~4% of TRU circ. supply).

To attract more participation, governance could increase TRU emissions to stakers to 5,000 TRU / day.

Actions:

This proposal will execute following transactions:

1. Mint 1,850,000 TRU to Timelock
2. Transfer 1,850,000 TRU from Timelock to Distributor

Additionally, the owner multisig will set daily distribution rate for stkTRU rewards to 5k TRU per day on contract 0xecfD4F2C07EABdb7b592308732B59713728A957F.

Read more in the forum discussion