MTA Governors voted to re-allocate the existing 15,000 MTA per week rewards from the 5 MTA/95 mUSD EARN pool to other, existing EARN pools. We are seeking feedback on what options should be considered.
A recent Snapshot poll had MTA Governors voting in favour of re-allocating rewards rather than remove them from emission.
Some EARN pools have more liquidity providers (LPs) participating than others, so there is an opportunity here to balance out the APY of some EARN pools.
Alternatively there are likely LPs who want to see the MTA distributed evenly across existing EARN pools, boosting the APY for all assuming the number of LPs does not increase.
Another alternative is to split the 15K MTA between EARN and STAKE, boosting the APY on liquidity pools and Governance participants each by small amounts.
What say you? This item needs to be put up for a new Snapshot poll on 19 November so the more voices we hear from, ideally coming to some consensus on what options should be put forth, the better.