IMC Period 6 Budget

Another late post this period - sorry folks, please feel free to yell at me if this isn’t up a week ahead of the next period.

  • We’re continuing reducing incentives on mainnet rETH/ETH slowly as we retain a premium; we feel this is getting “close” and are keeping alert about it
  • We’re keeping rETH/RPL steady
  • Arbitrum and polygon are getting some attention soon - we need rate providers for them, which I expect will be ready either late this period or early next!
    • Shoutout to the Polygon team for reach out to us and offering generous incentives to help rETH on Polygon!
  • We’re still interested in co-incentivizing with folks that make rETH/theirtoken pools - please reach out if you’re interested or know someone that might be
    • Sales pitch: (1) Pairing with rETH instead of ETH needs less bribing b/c it brings its own yield to the party. (2) We’ll add some co-incentives on top for the beginning to help jumpstart the pool.

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