Hi sneksssolders!
Most of you will be aware that the initial BSX farm as well as an additional 222M BSX has now come to an end. This farm distributed 722M BSX over a course of 12 months.
There have been comments from users of Basilisk DEX (Snek Swap) that they'd like to see a new BSX farm created - I am curious to hear a consensus of opinions from BSX holders, particularly:
Would you like to see a new BSX farm created?
The previous farm was 80% APR - what do you think if a new one is created but with a reduced yield of up to 40%. 40% yield is the initial vision KSM/BSX pool.
222M BSX lasted 4 months - should we repeat and distribute another 222M BSX? More?
Anything else you'd like to see considered?
Looking forward to hearing your opinions
TL:DR
This proposal if approved, will:
Mint 222,222,222 BSX from the 38B LM portion of supply
Transfer this to the existing BSX global farm
Maintain the APR % on the BSX<>KSM farm at 40% so that we can focus liquidity on this most important pool
