SPELL Farming Reduction and Supply Burn Proposal!
The following proposal is to implement a 20% reduction across all farms, starting from the 1st of November where the emissions that were intended to be used are burned. Please see the details below.
The current emissions have a target of 1,451,876,730 SPELL tokens to be allocated to farms every week. We usually balance the relative percentages on a weekly basis, to better follow the market and pursue new opportunities.
As of the writing of this proposal, 1,230,647,035 SPELL are already allocated and weighted across pools as follows: