This is currently a “temperature check”. Please comment and vote in the non-binding poll.
Pickle is committed to a multi-chain, multi-layer (MCML) expansion strategy.
We are an Ethereum-native DAO and protocol, yet our community supports expansion to other chains, as can be evidenced in our Discord history as well as polls like this one. So far, we have deployed to Polygon, and are ready to deploy to Arbitrum and OKExChain (OEC) pending the closing of some business matters, one of which is emissions. Previously, cross-chain emissions were explicitly supported in PIP-36, which also lead to a temporary increase in PICKLEs/block from 0.1 to 0.3 until EOY. Currently, we provide 0.1 PICKLEs/block to Polygon, and keep 0.2 PICKLEs/block in the Ethereum mainnet, unchanged since PIP-36.
This RFC looks to generate consensus over the approach that should be taken to cross-chain emissions distribution in general, and in particular to the impending launch in Arbitrum and OKExChain and the implications for existing emissions to Polygon and the Ethereum mainnet. Lessons have been learnt since the defeat of PIP-43 where some voters felt the debate was rushed and were unsure if/when cross-chain emissions distribution would be revised (the answer is yes, they should be revised periodically). Moreover, the passing of PIP-45 has shown tremendous willingness by the DAO to let the Core team follow a strategic and dynamic approach to emissions distribution when it comes to pool 2s, a logic that could be extended to cross-chain emissions.
We would like the community to give their inclination amongst the following approaches:
Similar to how PIP-45 was passed. One could make a split between mainnet and non-mainnet, as follows:
- Ethereum mainnet: 0.20 PICKLE/block - non-mainnet/L2s/sidechains: 0.10 PICKLE/block
Under the oversight of the SCCOC, the Core team would administer the non-mainnet portion strategically. The portion sent to mainnet would be distributed according to the Gauge System already on mainnet. We would bring the non-mainnet TVL to the chains where it makes most sense, and to the farms where it makes most sense within those chains. All changes in distribution would be proposed to the SCCOC, which could then approve/veto them. All resolutions by the SCCOC would be of public record.
This is similar to how PIP-36 was passed. For example one of the options on the final Proposal could be:
- Ethereum mainnet: 0.20 PICKLE/block - Arbitrum: 0.05 PICKLE/block - OKExChain: 0.025 PICKLE/block - Polygon: 0.025 PICKLE/block
These would be revised monthly or sooner, with another vote by the DAO on Snapshot, and the cross-chain emissions distribution decided on would then be implemented by the Core team.
The current Gauge System is not applied to non-mainnet farms, and the possibility of expanding it so it applies to non-mainnet farms has been alluded to in other discussions on the Forum. The Gauge System route would be the most technically complex, yet possibly the one that is both most decentralised and generates the most utility for PICKLE → DILL. As things stand, users would vote on mainnet for non-mainnet farms, and with a certain regularity, these changes would be applied cross-chain by the team. Having boosts in non-mainnet farms complicates things and may be unfeasible without a significant rewrite of the contracts and extensive use of secure cross-chain messaging protocols. Should the DAO heavily favour Proposal C, an interim resolution like Proposal A or Proposal B should ideally be decided on.
As this is a signal vote, we want to gauge where your interest lay and your arguments. We have included an “Other” option for you to make a case for a different distribution than the three suggestions above, or a different approach altogether.
- Proposal A
- Proposal B
- Proposal C, with Proposal A in the meantime
- Proposal C, with Proposal B in the meantime
- Proposal C, uncompromisingly
- Other (suggest in comments)
- Do Nothing (keep emissions as-is / launch on Arbi and OEC without PICKLE rewards)