Here are the details:
50% MTA 50% mUSD
0.01% swap fee
BAL-APY 26.47% with no other factors
I propose to move the 15k rewards from the 5MTA:95mUSD pool to the new 50mta:50mUSD on Balancer with 0.01% swap fees.
The minimal fee is in the spirit of providing liquidity and the rewards on this pool will cause liquidity reallocation from the 5:95 to other pools, since there will be no more rewards on it. This action should help preserve price/value of the $mta token, and a possible price reversal based on maths from the underlying DEFI protocols.
This is due to the 5% MTA weight in the 5/95 mta/mUSD pool with over $5,000,000 in liquidity and I have argued this point on discord.
In order to have a smooth, logical plan to move forward, let’s just keep it a simple, feasible step in the right direction and start with this?