Governance Proposal: Scaling ADDY Boost

Adamant Finance
Jul 29, 2021

A new governance proposal to scale the ADDY boosting power based on each vault’s base APR has been made.

This change would reduce the ADDY boosting power for high APR vaults in order to avoid excessive inflation.

If the APR is above:
50%: -10% boosting power
100%: -20% boosting power
200%: -30% boosting power
300%: -40% boosting power
500%: -50% boosting power

For example, if a user needed 100 ADDY to get the full 2x boost for a 500% base APR vault, they would now need 200 ADDY.

Vote at https://adamant.finance/governance. Voting ends at: 7/30/2021 (12:40p Central).

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Adamant Finance

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