🏃PROLONGED EMISSION DECAY

In Solidly, protocol emissions decayed too quickly, leading to minimal incentives for late entrants. Obviously early adopters should be rewarded for the risks they're taking, but we observed that the emissions decayed too quickly in the Solidly model. As a result, we made a few small tweaks to ensure that while early adopters would still be rewarded, the protocol would still be an attractive opportunity for future protocols.

• First, we modified the emissions growth function to

  (veVC.totalSupply ÷ VC.totalsupply)³ × 0.5 × Emissions

• Second, we removed negative voting, as we found it too zero-sum.

• Third, we removed the LP emissions "boost" for voters. Those emissions are instead reallocated towards all LPs, regardless of veNFT ownership status, to ensure voters are able to incentivize outside liquidity.