Skydrome
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Extended Emission Decay

PreviousUnderstanding the ve(3,3) MechanicsNextAligning Rewards with Emissions

Last updated 1 year ago

Within the Solidly framework, protocol emissions diminished rapidly, leading to minimal incentives for late entrants.

It's clear that early participants deserve accolades for their foundational risks. However, the brisk emission reduction in Solidly's design stood out as a drawback. With this in mind, we've implemented changes to both honor initial participants and cater to subsequent entrants.

Our refined approach includes:

  • Adjusting the emissions growth function to:

  • Discontinuing negative voting, given its overtly adversarial nature.

  • Foregoing the LP emissions "boost" that was previously exclusive to voters. This enhancement ensures that these emissions are equitably distributed among all LPs. Regardless of veNFT ownership status, the revision empowers voters to effectively attract external liquidity

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