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    • Plenty V2 Introduction
      • Understanding PLY & veNFTs
      • Understanding Gauges
      • Understanding Boosting
      • Understanding Bribes
    • Tokenomics
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      • Emissions
    • Architecture
      • Vote escrow architecture
      • Vote escrow smart contracts
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    • Audit by Inference AG
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    • What has been the traction for Plenty?
    • How to swap PLENTY & WRAP for PLY?
    • What are the differences between the ve models of Curve & Plenty V2?
  • Appendix
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Emissions

Liquidity and locking incentives for the community.

PreviousMigrationNextArchitecture

Last updated 1 year ago

A total of 400 million PLY (40% of supply) will be distributed as liquidity incentives through and locking incentives through anti-dilution inflation of lockers.

The gauge emission in the first year would be set at 1 million PLY/week, distributed across the gauges of all liquidity pools based on their weekly vote shares. The emission rate would be dropped by a factor of ~2\sqrt{2}2​ at yearly intervals.

In the first 3 weeks of launch, extra rewards would be distributed every week through the gauges to reward early adopters.

As described in our modified , the emissions would further be adjusted based on the locked PLY supply and accompanied by the inflation of lockers to protect from dilution.

A Visual Peek

Graphs were updated post-launch to reflect the real values in the smart contract.

  • The cumulative emission through the gauges for different values of locked PLY supply:

  • The cumulative inflation of PLY lockers for different values of locked PLY:

  • The combined cumulative increase in PLY supply through gauge emission and locker inflation:

gauges
ve(3,3) model
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