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vlAURA vote incentives recycling #1

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jalbrekt85 opened this issue Apr 4, 2024 · 0 comments
Open

vlAURA vote incentives recycling #1

jalbrekt85 opened this issue Apr 4, 2024 · 0 comments
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@jalbrekt85
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Balancer will start earning bribs based on voting with our vlAURA. Here's the plan:

  1. bribes will be claimed and sold into usdc biweekly (this can be done in msig-ops)
  2. generate a payout csv for the last voting data along with 30% treasury fee, can use something like this CSV format
  3. distribute remaining 70% of bribes based on last vote's weights.

subgraph queries can be implemented and called from bal_addresses

details on distribution weights and process are in BIP-508

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