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RFC: Updating Tinlake Rewards Allocation 2023-03 - Status: Di | Centrifuge Announcements

RFC: Updating Tinlake Rewards Allocation 2023-03

- Status: Discussion
- Requested action: Anyone can comment on/ask questions about the proposal

This RFC will be open for minimum 7 days before proceeding to an OpenSquare Snapshot

TL;DR

Short Summary: Renewal of incentive rewards for Tinlake
High-level objective: This proposal is for minting 3,000,000 CFG into the Tinlake rewards account. Keeping the same rewards rate for TIN,DROP, AO as before
Alignment to the mission of Centrifuge DAO: Minting requested tokens as rewards will help to support the overall goals and objectives of the protocol. For Lenders on Tinlake, this will provide an opportunity to earn a return on their investment, which in turn will ensure that borrowers can still access capital transparently and cost-effectively

Full proposal: https://gov.centrifuge.io/tinlake-rewards-allocation