SCCP 42: Lower rewards on Curve to SNX 8,000 Source

AuthorKALEB
Discussions-Togovernance
StatusImplemented
Created2020-08-31

Simple Summary

Propose to decrease the SNX rewards paid to incentivize the Curve sUSD pool to SNX 8k per week.

Abstract

There is currently a premium on sUSD compared to other stable coins on Curve. Decreasing the SNX incentive paid might slightly reduce the farming incentive on curve.

Motivation

The recent premium on the sUSD peg on Curve calls for action as traders feel a disincentive in paying the premium to partake in trading.

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