[ARFC - Addendum] Update StkGHO Launch Parameters
Vote Result: OPTION B
Rationale
Option B makes sense to us due to the following reasons:
- The cooldown of 15 days proposed in Option A is lower than that proposed for the other stk tokens in the slashing module, which does not seem fair.
- 100 AAVE/day rewards may push GHO above peg, disrupting liquidations, given Aave’s constant $1 pricing of GHO.
- The expected yield for Option B (assuming 100% of GHO is not staked in the SM, which is fair) should be similar enough to the yield GHO holders can get on Balancer (which is between 4.64% - 11.56%) and Uniswap v3 (7.9%).
While we appreciate the argument that yields for Option B may not be sufficient to incentivise users to stake their GHO compared to Balancer and Uniswap, we feel as if the difference is likely to be marginal and given the other benefits it brings, Option B makes more sense.
Therefore, we will vote YES in favour of Option B.