Prop 295: Combined Proposal for Leveraging Liquidity and Continuation of Liquidity Mining Incentives

Part 1 - Leveraging Liquidity for Evmos Assets: Tashis Strategic Initiative for Vault Expansion (Phase 2 Extension): Tashi Finance is extending its strategic initiative to further enhance liquidity within the Evmos ecosystem by continuing the support for single-sided ICHI vaults for wETH/Tashi, wUSDT/Tashi, kUSDT/Tashi wEVMOS/Tashi, and wBTC/Tashi within the Tashi Protocol. Building on the success of the initial three-month period, we propose an additional three-month extension with the same allocation of 499,995 Evmos tokens to maintain momentum and ensure sustained liquidity. This extension aims to reinforce our commitment to promoting a robust and fluid market for these crucial assets.
Part 2 - Proposal for Continuation of Liquidity Mining Incentives: Phase 4: This proposal seeks to secure funding of 260,635 EVMOS tokens per month for a total of 3 months (June - Aug JULY - Sept) to continue liquidity mining incentives as the Evmos ecosystem experiences growth and new updates. This funding will help maintain the current levels of liquidity mining incentives, which had been reduced by 25% across all markets (as of 14/03/24), both on the supply and borrow side, in line with the March updates. The goal is to sustain these levels as the Evmos ecosystem gains momentum with the upcoming token standardization upgrade and potential cross-chain marketing efforts. ****Across these three months we will be periodically lowering incentives for wUSDT and wUSDC. This schedule will be a reduction of 33% a month to allow users to adapt to this new schedule, as per the wishes of the Evmos community. We will retain the original ask of incentives to to be utilized as a boost for the Noble USDT and Kava USDC markets to encourage those users currently holding the Wormhole markets to convert to the preferred native markets of the Evmos community.