Epoch Length: 12PM PDT on December 7th, 2020 to 12PM PDT on January 7th, 2021.
Target Pool Size: $30M to provide $150k buys at 1% Slippage.
Target APY: 30%
Required $INDEX: At a 20-day rolling average price of $6.47, we would need to distribute 115920 INDEX tokens, representing 1.15% of the total supply
Following this proposal, we will:
- Initiate an IIP to ratify the program extension
- If the IIP is passed, the Staking Contract will be funded with the requisite $INDEX
If you say no, please respond why and/or what you’d like to change about it.