- Remove FEI-TRIBE pool2 incentives from TribalChief
- Move FEI-3Crv incentives to FeiRari and reduce to 250 AP
- Add to Curve+Convex and farm for DAO
- Move FEI-DAI G-UNI incentives to FeiRari and keep 100 AP
- Add d3 to FeiRari and add 250 AP
- Add plugin to farm CRV/CVX and sent to DAO
- Add FEI-USDC to G-UNI and add 500 AP
- Votium 250 AP to bribe for CRV + CVX rewards
Effectively this will move all of our rewards other than Aave borrowing incentives + LaaS rewards to FeiRari.
The CRV/CVX plugins use a bond structure like olympus pro where the Tribe DAO is effectively paying TRIBE rewards to farm CRV + CVX which is strictly more efficient than vanilla liquidity mining as it is value accretive to the DAO.
This is the proposed rollout plan and dates:
Jan 3 - Remove FEI-TRIBE pool2 incentives + add votium incentives from FIP-59
- Lower FEI-3Crv incentives to 500 AP on TribalChief + add 250 AP to FeiRari (750 AP total)
- Add d3 to FeiRari with 250 AP
- Lower FEI-3Crv incentives to 250 AP on TribalChief
- Add DAI-FEI G-Uni to FeiRari at 100 AP (200 total with existing DAI-FEI)
- Add FEI-USDC G-UNI incentives at 500 AP to FeiRari
- Lower FEI-3Crv + DAI-FEI incentives to 0 on TribalChief
Pending Security Review
- Add Convex plugin to d3 on FeiRari
- Add Convex plugin to FEI-3Crv on FeiRari if we have a gauge
The above plan is proposed to minimize technical risk and stage the rollout of the most critical components. They assume OA will be able to queue the action 4 days before the listed goo-live date. There will be temporary dual incentives for FEI-3Crv and FEI-DAI G-Uni tokens to give an additional incentive to migrate and give more time for users in the TribalChief to migrate.