New Stake & Farm Rewards for 2024 Q1
This is a proposal for transferring 141,000 KACY from the DAO to Team Multisig to allow the deployment of new KACY rewards for the next quarter of this year.
Rewards Distribution
Avalanche rewards:
5k KACY for staking KACY without withdrawal delay
16k KACY for staking KACY with 15 days of withdrawal delay
50k KACY for staking KACY with 45 days of withdrawal delay
35k KACY for staking LP of KACY-AVAX
Polygon rewards:
35k KACY for LP of KACY-ETH
Reasoning
It’s important to have the staking rewards on par with previous quarter, and last quarter we had 141,000 KACY distributed as rewards. For this new quarter, I propose the same value for the pools that have KACY as their primary composition, totaling 141,000 KACY.