Proposal - KACY staking rewards for Q1 2024

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.

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