Proposal Content

1. Transfer 7,249,998 ACA from Acala Treasury to incentives reward vault account (23M5ttkmR6KcoUwA7NqBjLuMJFWCvobsD9Zy95MgaAECEhit)
a. 6,666,666 ACA for ACA staking
b. 583,332 ACA for ACA-USDCet pair
c. This is the next two month’s incentives


2. at block #4,988,000(Acala)，Estimated Time: 2023-11-28 02:26 (+UTC), adjust ACA/USDC LP staking incentive reward rate to 291,666 ACA per month.( base reward 145,833 ACA, loyalty bonus 145,833 ACA)

Colorful Notion proposes retroactive funding for substrate-etl and Polkaholic.io from Q3/Q4 2022 to Q1/Q2 2023. Substrate-etl offers a large-scale index of Polkadot/Kusama in Google BigQuery, while Polkaholic.io serves as a multichain block explorer. The proposal highlights key success metrics, payment conditions, and future development plans, emphasizing its commitment to supporting and advancing the Polkadot ecosystem.

- **Problem Statement:** Allocating 7,249,998 ACA from Acala Treasury to incentives for ACA staking and ACA-USDCet pair.
- **Significance:** Enhancing incentives for staking and liquidity provision on the Acala platform.
- **Proposed Solution:** Transfer 7,249,998 ACA to the incentives reward vault account for staking and liquidity provision.
- **Expected Outcomes:** Increased participation in ACA staking and liquidity provision, fostering a more robust ecosystem on the Acala platform.

Voting - Inject ACA Staking reward funds and adjust the Swap incentive rate

No Active Proposals