← Back to Stargate
Stargate · closed proposal

SIP #5 - Ongoing Emissions Model

0xE2D4…4709·ended 4y ago·Discussion ↗
Voters
1,211
STG voted
9.33M
≈$1.55M
Token price
$0.17

AI summary

Summary pending — generation runs every 15 minutes.

Voting results

Quorum
9.33M / 7.39M STG(126%)
✓ Quorum met
Update Emissions 9.32M (99.8%)
No Change15.05K (0.2%)
9.33M STG · ≈$1.55M · 1211 votersblock 14842614

🐳 Whale votes

0 votes > 5% VP
No whale votes on this proposal.

Full proposal

Original markdown · Stargate

Issue Statement

The methodology for determining Stargate Protocol’s emissions should be designed to obtain the requisite and optimal TVL to support bridging activity. Based on data collected since launch and forecasts using such data, the current TVL and emissions are excessive and a structure that is data-driven should be adopted to ensure operational and capital efficiency.

Today, emissions are incorrectly sized; TVL exceeds required liquidity needs for transactions, based on the data collected thus far. More specifically, as of the date of this proposal, Stargate’s TVL exceeds its nee…

📚 Similar past proposals

Finding similar proposals…