1. transfer 5,723,322 ACA reward token (incentive for the following two months) from Acala Treasury account to Euphrates Proxy Account

2. At block #4,937,000 (Acala), Estimated Time: 2023-11-21 01:11 (+UTC), update reward rate for DOT->LDOT and DOT->TDOT pool:
a. DOT->LDOT(pool#2) pool,  update ACA reward rate base to 1,166,662 ACA per month,  and update loyalty bonus to 499,998 ACA  per month.
b. DOT->TDOT(pool#3) pool,  update ACA reward rate base to 1,190,000 ACA per month,  and update loyalty bonus to 510,000 ACA  per month.
c. DOT->TDOT(pool#3) pool,  update  TAI reward rate base to 238,000 TAI per month, and update loyalty bonus to 102,000 TAI per month.

3. At block #5,152,700 (Acala), Estimated Time: 2023-12-21 00:11 (+UTC), update reward rate for DOT->LDOT and DOT->TDOT pool:
a. DOT->LDOT(pool#2) pool,  update ACA reward rate base to 816,663.4 ACA per month,  and update loyalty bonus to 349,998.6 ACA  per month.
b. DOT->TDOT(pool#3) pool,  update ACA reward rate base to 833,000 ACA per month,  and update loyalty bonus to 357,000 ACA  per month.
c. DOT->TDOT(pool#3) pool,  update  TAI reward rate base to 166,600 TAI per month, and update loyalty bonus to 71,400 TAI per month.


AngelHack proposed to run two Polkadot Global Series hackathons in Europe and APAC regions for 2023.The aim is to bridge gaps in the Web3 space and onboard more developers from diverse backgrounds.They have concluded the final proposal milestone for the Global Series hackathon held in APAC.The proposal serves two objectives: a detailed recap of the recently concluded virtual Polkadot Hackathon Global Series and providing a budget breakdown and metrics report.The reimbursement is for the fourth and final payment milestone of event expenses for dotSocial: Seoul.

- **Problem Statement:** Transfer 5,723,322 ACA reward tokens from Acala Treasury to Euphrates Proxy Account.
- **Significance:** Adjust reward rates for DOT->LDOT and DOT->TDOT pools to enhance incentives.
- **Proposed Solution:** Update ACA and TAI reward rates and loyalty bonuses for specified pools at designated block numbers.
- **Expected Outcomes:** Improved reward rates and loyalty bonuses to incentivize participation in DOT->LDOT and DOT->TDOT pools.

Voting - Adjust Reward Rate for Euphrates DOT LST pool

No Active Proposals