So, how do people think the EUL staking has gone? It was being trialled for 6 epochs in total. I believe we’re 4 epochs in now and a decision soon needs to be made on continuing it or altering it or removing it.
Personally I think the ETH and USDC markets should be prioritised here along with LSD markets as there are many more genuine users of these market. Distributing EUL to genuine users is what’s likely to help decentralise EUL in the hands of people fit to govern the protocol in the long run.
The USDT market has, surprisingly, got very little organic activity on it. I would argue it needs removing from the staking entirely, and removing from preferential treatment in the gauges (where it is currently fixed at 8,000 EUL per epoch).
Removing USDT from the gauge preference and staking would reduce emissions by 14,000 EUL per epoch or 168,000 EUL per year.
i honestly not sure where to start lol even tho i’ve been watching it also over the last several months. Like if we say the result is good, how can we define good itself?
