Thank you everyone for your inputs here, this has been a really positive discussion with great inputs from everyone!
We ideally want to kick-start the snapshot for the rewards over the next 48 hours and I think @brianchilders made a great suggestion for a quick poll to decide the level of SWISE rewards for the snapshot.
It is clear there are two camps and it seems like a 50/50 split between holding the current level of rewards vs reducing by a conservative amount. I am consciously not going to summarise the arguements from both camps and encourage voters to spend 5 minutes to read the thread to make an informed decision on their own.
The one thing to highlight is the current pool APY is ~24% (2.7% trading fees, 3% staking APY and 18.3% from SWISE) following a drop in SWISE price over the last 24 hours.
How many SWISE rewards should be submitted to snapshot for the sETH2/ETH pool in the up-coming monthly vote?
- Maintain current amount of SWISE rewards (2.5M)
- 20% reduction in SWISE rewards (2.0M)
0 voters
*Poll will close at 09:00 UTC Thursday 11th August