Title: [ARFC] LDO Emission_Admin for Polygon v3 Liquidity Pool
Author: @llamaxyz @MatthewGraham
In preparation for distributing incentives on the Aave v3 Polygon Liquidity Pool, @llamaxyz proposes amending the
Emission_Admin address to enable the distribution of LDO rewards.
In collaboration with Lido, Llama seeks to distribute LDO incentives to the stMATIC Reserve on Polygon Aave v3. In order to achieve this, the
EmissionManager contract needs to assign an owner to the
Emission_Admin permission allowing LDO rewards to be distributed, [1,2]. This can only be achieved via the governance process.
This proposal assigns the
Emission_Admin permission to LDO rewards to the following address
0x87D93d9B2C672bf9c9642d853a8682546a5012B5. This address is controlled by Lido.
The motivation of the proposal is to enable LDO rewards to be distributed on the Polygon v3 Liquidity Pool.
The Lido Liquidity Mining Committee determines the emission rate and duration at which LDO rewards are offered. Standard practice is for the council to meet and determine the next 30 days of LDO rewards on a rolling basis. This means each month, the committee will determine if to extend the LDO rewards, or change the amount of LDO being offered across the Polygon v3 Liquidity Pool.
Emission_Admin is not limited to a specified Reserve and is linked to the token being distributed across the Liquidity Pool. The
EmissionManager determines the LDO
Emission_Admin and not the stMATIC Reserve. The
Emission_Admin can distribute LDO anywhere across the Aave v3 Polygon Liquidity Pool.
Emission_Admin permission for LDO on the Polygon v3 Liquidity Pool to Lido’s address:
 Rewards - Developers
 aave-v3-periphery/IEmissionManager.sol at master · aave/aave-v3-periphery · GitHub
 Staked MATIC (PoS) (stMATIC) Token Tracker | PolygonScan
 $1.00 | Lido DAO Token (PoS) (LDO) Token Tracker | PolygonScan
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