Important Voting Proposals

TL;DR

  • Proposal to Adjust BUNNY Emissions (BUNNY holders)
  • Proposal to Adjust BUNNY Fee Structure (BUNNY holders)
  • Proposal to Adjust Mound Vault for MND-BNB LP (MND holders)

Proposal to Adjust BUNNY Emissions

  1. Decrease the BUNNY Emissions:
  • Leveraged Farming Vault, Single Asset Vaults (Lending): Vaults that allow leveraging mint more BUNNY, thus we will propose to remove the BUNNY minting parts which will result in a 6% decrease in the profits.
  • Auto-compounding Cake Vault, LP Vault: Currently 70% LP profits + 36% BUNNY profits are given to the user. This will be adjusted to 100% LP profits + 0~6% BUNNY profits. This means Floating Rate Emissions (FRE) will no longer exist.
  • BUNNY-BNB, BUNNY Vault: The emission rate will decrease when the new fee structure is in place and it can provide a stable enough APY.

Proposal to Adjust BUNNY Fee Structure

  • Leveraged farming fee: 3% of farmed rewards(e.g. CAKE) at the time of harvest
  • Liquidation fee: 5% of remains after repaying loans
  • Unstaking fee: 0.5% of total staking applied only when unstaking within 72 hours.
  • Pot fee: 10% of the prize
  • Prediction fee: 3% of the prize
  • Unstaking fee: Increase from 0.5 to 1%.
  • (New) auto-compounding fee: 1% of farmed rewards(e.g. CAKE) at the time of harvest
  • Marketing Treasury: 50%, used for strategic token swap with other projects.
  • Burn Address: 50%
  1. Yes, we should adjust the Fee Structure as proposed.
  2. No, the Fee Structure should stay as it has always been.

Proposal to Adjust Mound Vault for MND-BNB LP

  1. Modifying the MND Vault to MND-BNB Vault
  2. Keep it as Mound Vault as usual

PolyBunny Renewal

Concluding Remarks

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