With the launch of ALEX Bridge and introduction of sUSDT, it has become necessary that we revise our farming emissions schedule to incentivize Liquidity Providers for the STX/sUSDT and xUSD/sUSDT liquidity pools.
The net effect would be an increase in Y2 emissions from 54.3M to 66.9M ALEX. The proposal is open to community discussion.
Please see the below table for the proposed adjustments with a week for community discussions:
Absolutely amazing we love this adjustment proposal. But supposed to reduce y2 per cycle In STX/sUSDT from 100000 to 90000 in order to provide the most competitive aggregated liquidity in connecting to liquidity pool with 10% out
of 100%. Meaning that, to guarantee seamless connectivity to multiple liquidity providers on STX/sUSDT with the use of Bridge absolutely free of charge. No set-up fee. No volume fee. I think by doing this will increase the incentivize liquidity providers especially STX/sUSDT
You have my support for the proposal. I do believe this will ultimately benefit the future success of the dex as the current and future holders will greatly be rewarded with APOWER which later on can potential have increased use cases when the transaction speed increase comes into play.
I agree with the new ALEX emissions but, I agree with Conk’s observations some that are seeing other ALEX holders are met at the middle of the road. Slightly increased emissions would be awesome on the ALEX.
I am excited excited what ALEX has done and it will only get better with the Nakamoto upgrade and the halving coming this time next year.