ARC-42: Update the Total ASTRO Emissions Per Block and the Allocation Points on Terra 2

[stefan]

It’s good that it’s been more than a week because otherwise we wouldn’t have iterated through the proposals allocation point changes.

I think next week should be a good target to submit this on-chain

[BackBoneLabs]

For the laymen ser, please explain what you are planning to submit on-chain.

Thank you.

[stefan]

The amended version of the proposals first mentioned in this comment:

ARC-42: Update the Total ASTRO Emissions Per Block and the Allocation Points on Terra 2

Alright, took the feedback we got from multiple community members and made a new table. To adhere to the 0.1 ratio as agreed in the original framework emissions per block would actually need to be higher than the 9.5 ASTRO proposed here. Since the underlying goal is to bring incentives inline with the target ratio, we suggest updating this proposal to the following: 13.3 ASTRO per block alloc_points distributed as in the table below: [IMG_20230215_122049_983]

I updated the initial text of the proposal to reflect the newly proposed emissions and allocation points:

ARC-42: Update the Total ASTRO Emissions Per Block and the Allocation Points on Terra 2

Summary This proposal aims to reduce the total ASTRO emissions per block to approximately 13.3 ASTRO as well as update all generator allocation points in order to bring the fee:emissions ratio for all pools (that receive ASTRO) closer to 0.10. Abstract Back in November 2022, we proposed that Astroport emissions should be adjusted so that the fee to emissions ratio falls closer to the ones observed on Sushiswap and Osmosis. The Astral Assembly followed-up with an on-chain poll which changed th…

[Philipp]

Thank you, is there some source regarding this?

I started creating a dashboard on Flipside, but got rugged and lost my query. Getting all the trading info is also not as easy due to so many possible entrypoints for swaps and the flipside indexing not being ideal.

This is the LP single sided entry volume in LUNA (already halved, as only half is swapped)

I wouldnt say it is insignificant, as some days it peaks over 50k LUNA deposited (volume 25k LUNA) ~ 50k USD.

Can you share your flipside query?

[stefan]

Used this query:

WITH
  single_sided AS (
    SELECT
      *
    FROM
      terra.core.fact_lp_actions
    WHERE
      amount = 0
  )

SELECT
  DATE_TRUNC('month', fla.block_timestamp) AS month,
  fla.currency,
  SUM(fla.amount) / 1e6 AS amount_single_sided
FROM
  terra.core.fact_lp_actions fla
  JOIN single_sided ss ON ss.tx_id = fla.tx_id
WHERE
  fla.action = 'provide_liquidity'
  AND fla.amount > 0
GROUP by
  month,
  fla.currency
ORDER BY
  month,
  fla.currency;