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)

The proposal by LimeChain aims to develop Gosemble, a framework for building Substrate-compatible runtimes in Go. Phase 2 aims to modularize the codebase, develop additional modules, and create comprehensive documentation. The project involves tasks such as improving Wasm compatibility, enhancing benchmarking, and establishing developer relations.

Notification bots.

Shared Address Book.

Multi-currency support.

Transaction Batching(Bulk payouts).

Apps.

Polkassembly app.

Videos for tutorials.

SDK Docs.

2FA login.

Additional network support(SDK & App).

Link multisig.

Proxy Support.

Address category and additional info.

Create extrinsic and sign as multi.

Custom Call data transactions.

Transaction Tags and additional metadata.

Next.js migration.

Extend SDK support for all new features like custom transactions, call data signing, batch transactions and more.

Problem Statement:
- Transfer 7,249,998 ACA from Acala Treasury to specific accounts for incentives.

Significance:
- Enhancing incentives for ACA staking and ACA-USDCet pair for the next two months.

Proposed Solution:
- Allocate 6,666,666 ACA for ACA staking and 583,332 ACA for ACA-USDCet pair.

Expected Outcomes:
- Adjust ACA/USDC LP staking incentive reward rate to 291,666 ACA per month by block #4,988,000.

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

Democracy

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

No Active Proposals