Proposal: Move 25M ANDR from CP to Rewards Dripper

Alright, there’s still a lot going on with other parts of the model, but this one is pretty cut and dry. The flat-rate rewards dripper has been active now for 4-5 months. In that time, around 750k ANDR has been dripped out, which equates to a 11.93% APR, which was what we were hoping for. Odd that it didn’t need any adjustment, but I guess our math worked out.

25M ANDR would, at current APR, give us something like 8 or 9 years of rewards. With more tokens to be staked in the near future, we should probably prepare for upping the rewards dripper rate (currently 0.4 ANDR/block), but that’s a different proposal all together.

This proposal would be for 25M of the Community Pool to move moved into the Rewards Dripper:

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Any questions or concerns, let’s chat here about them.

:v:

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I’m guessing that no one has any issues with this? We have a Cosmos SDK v50 upgrading coming soon and shortly after that has happened, we can work on this. Everyone good with that?