evmos

Prop 254: Phase 3 Lunar Launch

Lunar Launch is a critical part of the EVMOS v2 launch. This proposal seeks to secure additional funding of 1,032,000 EVMOS tokens for Phase 3 to maintain liquidity mining incentives at their current levels. Not only will this cover the outlined incentives plan of 952,295 $EVMOS but also will provide us with a 79,705 buffer for additional potential added markets during this time, or fluctuations that may be necessary. All unused incentives will again be rolled over into the next month. The goal is to sustain the current APY levels on existing markets and introduce new markets for Wormhole assets launching soon. In Phase 2 we were able to continue the current APY levels with the rollover from Phase 1s unused incentives, and we believe it is crucial to avoid reducing APYs at this point, ensuring the continued attraction of liquidity, with the Wormhole assets set to launch this week.