Dear Community! I'm happy to announce that the proposal for | revault network Announcements

Dear Community!

I'm happy to announce that the proposal for decreasing TVL rewards emission suggested changes were deployed!

Previous TVL rewards of 15% from the total supply or 0.15 REVA per block has been dropped to 10% or 0.1 REVA per block.
Previous Treasury emission of 10% of total supply or 0.10 REVA per block has been increased to 15% or 0.15 REVA per block

You can see the new emission rates here:
https://bscscan.com/address/0xd7550285532f1642511b16Df858546F2593d638B#readProxyContract

6. revaPerBlock - is the REVA per block allocated for the TVL rewards
7. revaTresuryPerBlock - is the REVA per block allocated for the Treasury

We are finalizing the possible REVA implementations to complete the measure taken to reduce the sell pressure. The new implementation will cap the max TVL rewards per asset users can get, to their holdings * 100. For example, if user A holds 500 REVA, he can receive up to maximum of 50,000$ TVL rewards per asset. if he has $100,000 deposited he will get 50% of the TVL rewards and the other 50% will burn.

Stay tuned!