# ARC-63: Incentivize Initial Sei Mainnet Pools with ASTRO

**URL:** https://forum.astroport.fi/t/arc-63-incentivize-initial-sei-mainnet-pools-with-astro/1116
**Category:** ARC (Astroport Request for Comments)
**Created:** [May 23, 2023, 9:31pm UTC](https://forum.astroport.fi/t/arc-63-incentivize-initial-sei-mainnet-pools-with-astro/1116 "2023-05-23T21:31:46Z")
**Posts on this page:** 1
**Page:** 1

<div class="post-metadata">

### Author: ![stefan](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.astroport.fi/stefan/32/5_2.png) [@stefan](https://forum.astroport.fi/u/stefan)
#### Post date: [May 23, 2023, 9:31pm UTC](https://forum.astroport.fi/t/arc-63-incentivize-initial-sei-mainnet-pools-with-astro/1116/1 "2023-05-23T21:31:46Z")

</div>

### Summary

This proposal aims to offer ASTRO rewards for five pools on the Sei mainnet deployment of Astroport. These pools are ASTRO-USDCet, SEI-USDCet, USDCet-USDTet, SEILOR-USDCet and stATOM-USDCet.

The five pools were chosen according to the guidelines in [ARC-41](https://forum.astroport.fi/t/arc-41-handle-astro-rewards-on-multiple-chains/951) and according to the on-chain vote outcome for [ARC-77](https://forum.astroport.fi/t/arc-77-select-initial-incentivized-pools-for-sei-partner-with-stride/1319).

### Abstract

Astroport is now deployed on Sei mainnet! In order to encourage liquidity provision and bootstrap the Sei Astroport satellite, we propose to offer ASTRO rewards to four pools:

- ASTRO-USDCet
- SEI-USDCet
- USDCet-USDTet
- SEILOR-USDCet
- stATOM-USDCet

The pools were chosen according to [ARC-41](https://forum.astroport.fi/t/arc-41-handle-astro-rewards-on-multiple-chains/951) which describes how the Astroport community can offer LP rewards on multiple chains. The initial amount of ASTRO rewards for each pool should last for 8 weeks (according to the [Astroport Incentive Framework](https://forum.astroport.fi/t/astroport-incentive-framework/890)) from the moment of and assuming this proposal passes. After the initial 8 weeks of rewards, the community should re-evaluate the amount of fees produced by these pools and adjust ASTRO rewards in order to target the 0.1 fee to emissions ratio.

### Methodology

In order to estimate the amount of fees generated by each pool, we made the following assumptions and observations:

- Sei block times are 0.25 seconds
- The average price of ASTRO is $0.03
- The Astroport pools will process similar volume compared to their counterparts on Terra 2 and Injective. This assumption was made because the Astroport deployments on Terra 2 and Injective are the best sources of volume data and thus offers a good starting point to think about ASTRO emissions
- We target a 0.1 fee to emissions ratio as proposed in the Astroport Incentive Framework

With these points in mind, we arrive at the following rewards distribution:

 ![Screenshot 2023-08-22 232458](https://us1.discourse-cdn.com/flex019/uploads/astroport/original/1X/a243618e572c288169fc25e9b5d0e116296acdfa.png)

The amount of ASTRO distributed per Sei block is approximatelly 0.14419 **ASTRO**. If Sei were to have the same block times as Terra 2, this would translate to about 3.4606 **ASTRO** per block.

Lastly, in order to have enough ASTRO rewards for the foreseeable future on Sei, we propose that the Assembly IBCs 10,402,412 **ASTRO** from the Treasury to the Sei satellite. At ABC ASTRO per block, Assembly would have about 6 **months** of rewards runaway on Sei.

### Executable Message

The executable message for this proposal looks as follows:

```auto
[
  {
    "wasm": {
      "execute": {
        "contract_addr": "sei13hwj6afyxgue26f966hd5jkcvvjeruv7f9cdtd5d9mrtyrnn73ysp04nt4",
        "msg": "ewogICJzZXRfdG9rZW5zX3Blcl9ibG9jayI6IHsKICAgICJhbW91bnQiOiAiMTQ0MTkwIgogIH0KfQ==",
        "funds": []
      }
    }
  },
 {
    "wasm": {
      "execute": {
        "contract_addr": "sei13hwj6afyxgue26f966hd5jkcvvjeruv7f9cdtd5d9mrtyrnn73ysp04nt4",
        "msg": "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",
        "funds": []
      }
    }
  }
]

```

The readable version of the message looks as follows:

```auto
{
  "set_tokens_per_block": {
    "amount": "144190"
  }
}

{
  "setup_pools": {
    "pools": [
      ["sei1cxlup9et0gj66l5y6lcnvs7juq5cg05y5vnwzzv374duzlaugh9qzzktfg", "12709"],
      ["sei1yj07xdntlactdx77sz4khgh56gq2cxxvrmdmzeza0gefcxd4nmgsecxxnv", "58863"],
      ["sei1j74xmx2nlq2ddzwvw7zgmvdptusxs0px0hk6qg46fsd8a2lnr39s4dv42l", "1338"],
      ["sei1hvmq2a8zensgqhm0xh4vq6watlr7jdy08fdq788ldn4wqsuued7spdrxzm", "24214"],
      ["sei1hq3cwwk80vug8jnprcuqrplja8hud6k59fhy2pphmv8uh9l29ewqy3tmkt", "2876"]
    ]
  }
}

```

### Copyright

Copyright and related rights waived via CC0.