I just changed my vote to “No”. why such a big cut in the badger APY for week 3 emissions? We should incentive people to keep and stake badger for new people and keep the ones that were there from the beginning.
In my opinion, using the gradual emission reduction schedule is the most effective way to keep as much liquidity as possible while also getting a good grasp on how different incentives numbers affect TVL per Sett.
When the reductions are gradual, there is no clear exit point for the committed liquidity.
Having this data available could be extremely useful for carving out programs for future Setts.
Regarding the treasury buyback programs, I would rather consider integrating the treasury into the Setts and using the interest acquired for the buy-backs.
==
As for the Week 3 emissions, I like the structure.
Adding WBTC/ETH pool is a great strategic move, as it will likely raise the TVL for BadgerDAO significantly.
1 Like
I agree at this point we need to consider long term vision. Weeks 3-5 will go fast over the holidays. Long term emission schedule and long term health of this project needs to be the most important discussion after DIGG launch.
1 Like
Agreed. We need to define an emission reduction strategy before week 5 along with the buy back program. I know a few folks on the team are going to be leading this @DeFiFrog and @jonto.
1 Like
Yeah, I have a preliminary model in mind too, but things got a bit more complicated with the DIGG launch, so now we have two tokens and two Sett types to balance out.
But this is a good situation, as it provides us an opportunity to extend the liquidity program for longer.
I’ve already suggested a method to balance the Badger-DIGG emissions here.
Basically, once we agree on the different input parameters, applying a simple “fading out” multiplier will do.
The initial BadgerDAO liquidity mining program can easily last for 3-4 months instead of 2 without significant losses of TVL.
1 Like
Agreed. I think if we add in a buy back initiative thats redistributed to product users that will help fill the emission reduction as well.
Would be great to have your help leading this plan.
4 Likes
Sure! That would be an exciting thing to do!
3 Likes
Thanks for your contribution Mr_Po. I think the buyback initiative is a spectacular idea! I’m glad that it’s being put in the forefront 
1 Like
Closed as BIP has been accepted.
1 Like