This proposal proposes the shift of emissions from the old to new liquidity pools at block height 105,401.
Emission for the old pools will be linearly decreased for every 4 cycles, while emission for the new pools will increase linearly for every 4 cycles, starting from cycle #112 and ending on cycle #140.
For the full details, please visit https://discord.com/channels/856358412303990794/892817922014216263/1105155712369307768.
As Ballot.gg does not support a voting strategy that involves two tokens (ALEX and atALEX) with different weighting (because 1 atALEX ~= 1.55 ALEX) two ballots have been created. If you have both tokens, vote with both.
The atALEX vote will be multiplied by its intrinsic value in ALEX at 1 atALEX = 1.5533 ALEX.
At the block height when voting closes (which must close before 105,257 to allow for implementation time), the results of both ballots will be merged to determine the final result.
The ALEX Lab Foundation holds ALEX and AutoALEX positions in providing protocol liquidity and will vote in favor of the proposal.