Creating secondary gauge system with three gauge Burn, veCRV distribution and Balancer Smart Pool as DAO treasury.
I propose that we distribute admin fee across three following pool with gauge controlling the ratio.
- Burner - Burn CRV
- veCRV distribution - the original distribution contract
- Treasury Balancer Smart Pool - Balancer Smart Pool controlled by DAO acting as both the Treasury and market maker.
CRV price and inflation is the heated debate around the community. Inspired by this article, this proposal would allow DAO to have funding by itself and AMM with best of interest in community.
This proposal will allow DAO to self-fund, be market maker and also address the inflation.
Spreading fee couldn’t be as efficient as old veCRV reward does.
With recommendation from Charlie, this poll will just focus on core mechanic first.