From a2fa86fbd1060c08f7bf0226671b40c5365f5d25 Mon Sep 17 00:00:00 2001 From: 0xldr <139177554+0xldr@users.noreply.github.com> Date: Mon, 9 Sep 2024 14:27:41 +0100 Subject: [PATCH] Improve list format and add informative links --- ... Parameter Proposal - September 9, 2024.md | 92 +++++++++---------- 1 file changed, 46 insertions(+), 46 deletions(-) diff --git a/governance/polls/Sky Protocol Launch Season - Token and Product Launch Parameter Proposal - September 9, 2024.md b/governance/polls/Sky Protocol Launch Season - Token and Product Launch Parameter Proposal - September 9, 2024.md index 8ff48a33a..e63a0d0a7 100644 --- a/governance/polls/Sky Protocol Launch Season - Token and Product Launch Parameter Proposal - September 9, 2024.md +++ b/governance/polls/Sky Protocol Launch Season - Token and Product Launch Parameter Proposal - September 9, 2024.md @@ -54,22 +54,22 @@ To learn more about Launch Season, refer to: ### Deployment Requirements Before Token and Product Launch Spell -* Tokens: - * USDS - * SKY - * sUSDS -* DAI:USDS and MKR:SKY converters -* Create USDS/SKY UniV2 pool (if this does not exist already) -* FlapperUniV2 for the Smart Burn Engine -* Splitter -* SplitterMOM -* LitePSM USDS Wrapper -* USDSJoin -* SKY DssVestMintable -* SKY VestingRewardsDistribution -* Rewards distribution cron-job -* StakingRewards (rewardsToken: SKY, stakingToken: USDS) -* StakingRewards (rewardsToken: 01, stakingToken: USDS) +* [Tokens](https://forum.makerdao.com/t/sky-protocol-launch-season-token-and-product-launch-parameter-proposal/25031#p-98784-new-tokens-4): + * USDS. + * SKY. + * sUSDS. +* DAI:USDS and MKR:SKY converters. +* Create USDS/SKY UniV2 pool (if this does not exist already). +* [FlapperUniV2 for the Smart Burn Engine](https://forum.makerdao.com/t/sky-protocol-launch-season-token-and-product-launch-parameter-proposal/25031#p-98784-flapper-9). +* [Splitter](https://forum.makerdao.com/t/sky-protocol-launch-season-token-and-product-launch-parameter-proposal/25031#p-98784-splitter-8). +* [SplitterMOM](https://forum.makerdao.com/t/sky-protocol-launch-season-token-and-product-launch-parameter-proposal/25031#p-98784-splittermom-10). +* [LitePSM USDS Wrapper](https://forum.makerdao.com/t/sky-protocol-launch-season-token-and-product-launch-parameter-proposal/25031#p-98784-litepsm-usds-wrapper-16). +* USDSJoin. +* SKY DssVestMintable. +* SKY VestingRewardsDistribution. +* [Rewards distribution cron-job](https://forum.makerdao.com/t/sky-protocol-launch-season-token-and-product-launch-parameter-proposal/25031#p-98784-keeper-jobs-for-sky-token-rewards-str-15). +* StakingRewards (rewardsToken: SKY, stakingToken: USDS). +* StakingRewards (rewardsToken: 01, stakingToken: USDS). ### Parameters @@ -79,37 +79,37 @@ To learn more about Launch Season, refer to: * [Savings USDS (sUSDS)](https://github.com/makerdao/sdai/tree/susds) * Set Sky Savings Rate to **6.25%** * Initialize token converters - * DAI <> USDS converter - * DAI to USDS conversion (both ways). The exchange rate is **1:1** - * MKR <> SKY converter - * MKR to SKY conversion with an MKR/SKY conversion rate of **1:24,000** -* USDS/SKY UniV2 Pool Migration and Smart Burn Engine Upgrade to use New Tokens - * USDS/SKY UniV2 Pool Migration - * Migrate funds from DAI/MKR UniV2 Pool to USDS/SKY UniV2 Pool + * DAI <> USDS converter. + * DAI to USDS conversion (both ways). The exchange rate is **1:1**. + * MKR <> SKY converter. + * MKR to SKY conversion with an MKR/SKY conversion rate of **1:24,000**. +* USDS/SKY UniV2 Pool Migration and Smart Burn Engine Upgrade to use New Tokens. + * USDS/SKY UniV2 Pool Migration. + * Migrate funds from DAI/MKR UniV2 Pool to USDS/SKY UniV2 Pool. * Splitter Initialization: - * `hump`: **55 million DAI** - * `bump`: **65,000 DAI** (USDS in practice) - * `burn`: **100%** (1.0 * WAD) - * `hop`: **10,249 seconds** - * Dss Flapper Initialization to Use New Tokens - * `flapper`: FlapperUniV2 - * `pip`: OracleWrapper ([0x38e8c1D443f546Dc014D7756ec63116161CB7B25](https://etherscan.io/address/0x38e8c1D443f546Dc014D7756ec63116161CB7B25)) - * `want`: **0.98 * WAD** -* Sky Token Rewards (STR) Deployment - * SKY (Supply USDS to get Sky Token Rewards in the form of SKY) - * DssVest - * Rewards Distribution Rate: **600,000,000 SKY** - * Rewards Distribution Cap: **800,000,000 SKY** - * Start Date relative to the spell cast time minus 7 days - * `vestBgn`: `block.timestamp - 7 days` - * End Date is set one year after Start Date defined by duration - * `vestTau`: **365 days** - * Call `distribute()` in VestedRewardsDistribution contract in the spell execution - * 01 Rewards (Supply USDS to get future token rewards. More details about this will follow soon) -* Setup new Keeper Network Job - VestedRewardsDistributionJob - * Interval: **7 days** -* GSM Delay - * Decrease by 14 hours, from 30 hours to **16 hours** + * `hump`: **55 million DAI**. + * `bump`: **65,000 DAI** (USDS in practice). + * `burn`: **100%** (1.0 * WAD). + * `hop`: **10,249 seconds**. + * Dss Flapper Initialization to Use New Tokens. + * `flapper`: FlapperUniV2. + * `pip`: OracleWrapper ([0x38e8c1D443f546Dc014D7756ec63116161CB7B25](https://etherscan.io/address/0x38e8c1D443f546Dc014D7756ec63116161CB7B25)). + * `want`: **0.98 * WAD**. +* Sky Token Rewards (STR) Deployment. + * SKY (Supply USDS to get Sky Token Rewards in the form of SKY). + * DssVest. + * Rewards Distribution Rate: **600,000,000 SKY**. + * Rewards Distribution Cap: **800,000,000 SKY**. + * Start Date relative to the spell cast time minus 7 days. + * `vestBgn`: `block.timestamp - 7 days`. + * End Date is set one year after Start Date defined by duration. + * `vestTau`: **365 days**. + * Call `distribute()` in VestedRewardsDistribution contract in the spell execution. + * 01 Rewards (Supply USDS to get future token rewards. More details about this will follow soon). +* Setup new Keeper Network Job - VestedRewardsDistributionJob. + * Interval: **7 days**. +* GSM Delay. + * Decrease by 14 hours, from 30 hours to **16 hours**. Please review the discussion [thread](https://forum.makerdao.com/t/sky-protocol-launch-season-token-and-product-launch-parameter-proposal/25031) to help inform your position before voting.