AIP 31 - Change in ANGLE emissions

[tuta]

Hey 0x09, thank you for your comment!

1. Curve incentives

@0x095ea7b3

I don’t see Angle rewards for agEUR/EUROC LP ??? Where do these 450 000 Angle come from? Isn’t it 3EUR LP instead?

The Curve Incentives have been switched from the 3EUR to the agEUR-EUROC pool following AIP 25 (governance post, vote)

2. agEUR/$ANGLE metric

@0x095ea7b3

I’m not convinced with the agEUR/Angle metric to compare Angle rewards distribution efficiency! (What is important is the low slippage seen by end user and not the amount of agEUR in the LP, no?)

I think both metrics are important. However, the pool slippage depends on how efficient LPs are and not on how much ANGLE are being distributed on the pool. What we were trying to gauge in this analysis was if the revenue from a pool justified its ANGLE rewards. Then of course, this needs to be interpreted with the added value of each pool.

3. Difficult to evaluate a change in ANGLE distribution rate

@0x095ea7b3

The result of the change of distribution rate for Angle is difficult to evaluate as there are plenty of effects and counter effects ! I guess veAngle and sdAngle would vote for their own short term interest!

I agree on this. It’s mainly a bet at this point but one I think might pay off in the long-term, and reduce the pressure on ANGLE price in the short-term!