After the governance approval, Angle successfully deposited $250k in Euler agEUR Senior PYT.
Angle team started incentivizing IDLE stakers, rewarding voters that selected agEUR gauge.
During 4 rounds of gauges distribution (1 month), agEUR gauge received 25% of the whole IDLE emission via gauges.
With a Voter Extractable Value (VEV) multiplier equal to 10x and the current gauge share, Angle is accruing a 10% extra yield from IDLE rewards, drastically outperforming the underlying Euler one (approx 0.5% - 1% APY).
To strengthen this relationship, this poll proposes to extend the deposit period for additional 6 months.
The main condition to satisfy this liquidity deployment over this time frame will be the outperforming return vs Euler, calculated as: “IDLE rewards - VEV payment + PYT yield > Euler yield”
- For
- Against
0 voters