# [FIP - 222] TAX/FEE (deprecated)StakeDAO Frax-Eth Put Pool Unlock

The statement has been made “if you want an unlock, refund all the rewards.”

Below, you will find math showing proportionate calculations outlining roughly how many rewards the current and proposed-to-be-unlocked-TVL received and should repay.

Additionally, you will find the grand total of all rewards ever given. If Frax believes the current and proposed-to-be-unlocked TVL should be responsible for repaying all rewards ever given in this pool, you will also find that number below.

If, like me, you believe that number (FXS_Liability) should be weight adjusted, you will find the “Respective Percentage” total listed as well. The “Respective Percentage” or “RP” was calculated by comparing the (current) proposed-to-be-unlocked-TVL weight against that of any 1 voting period’s, since inception of the pool’s gauge.

All \$ figures are using current market values

Total “RP” FXS to date = 10702 FXS \$8.52 * 10702 = \$91,181.04

10,702 FXS buy order results in (0.72%+(0.3%fee))= 1.02% slippage
thus 1.02% + \$91,181.04 = \$92,111.086 owed
\$92,111.086 / \$2.484m = 3.71% of TVL FEE

Total FXS to date = 36494 FXS \$8.52 * 36494 = \$310,928.88

36,494 FXS buy order results in (1.74%+(0.3%fee)) = 2.04% slippage,
thus 2.04%+310,928.88 = \$317,271.83 owed
317,271.83 / \$2.484m = 12.773% of TVL FEE

Rage-Quitters will agree to pay back their share of emissions to take part in the unlock. However,
I do not believe the entire life-time of emission should be held against the few long-term lockers left in the pool.

As you can see from the numbers, a vast majority of the rewards came from a short period where TVL spiked with clearly minimally locked LPs.

I propose this pool be unlocked for a 7.5% Rage Quit Fee, which (at current value) more than covers the entire proportionate amount of FXS the 2.484m TVL received.

If the Frax Gatekeepers feel 7.5% is unreasonable given the data shown in this proposal, then I will leave it up to them to decide what they believe is fair, just please make the proper declaration in the snapshot version of the vote.

The RageQuit Fee shall be ((((xy) + slippage) / TVL) * 100)%
x= FXS_Price | y = Gauge_Emission_Liability | s= FraxSwap_Slippage

I encourage any interested party to run the numbers themselves to verify I did not error, and to voice their opinion, especially if in opposition.

Per the recommendation of Sir Sam Kazemian, I have edited the figures to include the average(AVG.) price of FXS at the time of reward for all voting periods to date. The AVG is calculated using 3 data points: First-Voting-Date, Last-Voting-Date/First-APR-date and Last-APR-Date. Using the AVG price of FXS per period, I will then include the RP% as before, and the Grand Total to all participants who ever interacted with this gauge pool, mercenary capital included.

Total Relative FPS-Liability of USD value upon emission = \$104,779.17625 = 4.218%
Total \$value\$ upon emission of ALL rewards = \$576,460.9796 = 23.2% (fee)

# Given the newfound information, I would still request unlock for a 7.5% fee, which would cover the USD value of all FXS rewarded to LPs across the entire lifetime of this gauge.

Lyule67.ETH

Cycle 2023-C66

Voting: Mar 29, 2023 - Apr 5, 2023

APR: Apr 5, 2023 - Apr 12, 2023

2.484m / 2.49m TVL = 99.76% = RP FXS 105 * RP = 104.75

Cycle 2023-C65

Voting: Mar 22, 2023 - Mar 29, 2023

APR: Mar 29, 2023 - Apr 5, 2023

2.484m / 2.49m TVL = 99.76% = RP FXS 123 * RP = 122.7

Cycle 2023-C64

Voting: Mar 15, 2023 - Mar 22, 2023

APR: Mar 22, 2023 - Mar 29, 2023

2.484m / 2.489m TVL = 99.8% = RP FXS 123 * RP = 122.75

Cycle 2023-C63

Voting: Mar 8, 2023 - Mar 15, 2023

APR: Mar 15, 2023 - Mar 22, 2023

2.484m / 2.487m TVL = 99.88% = RP FXS 143 * RP = 142.83

Cycle 2023-C62

Voting: Mar 1, 2023 - Mar 8, 2023

APR: Mar 8, 2023 - Mar 15, 2023

2.484m / 2.566m TVL = 96.8% = RP FXS 138 * RP = 133.59

Cycle 2023-C61

Voting: Feb 22, 2023 - Mar 1, 2023

APR: Mar 1, 2023 - Mar 8, 2023

2.484m / 2.56m TVL = 97.03% = RP FXS 131 * RP = 127.11

Cycle 2023-C60

Voting: Feb 15, 2023 - Feb 22, 2023

APR: Feb 22, 2023 - Mar 1, 2023

2.484m / 2.557m TVL = 97.15% = RP FXS 131 * RP = 127.26

Cycle 2023-C59

Voting: Feb 8, 2023 - Feb 15, 2023

APR: Feb 15, 2023 - Feb 22, 2023

2.484m / 2.549m TVL = 97.45% = RP FXS 197 * RP = 191.98

Cycle 2023-C58

Voting: Feb 1, 2023 - Feb 8, 2023

APR: Feb 8, 2023 - Feb 15, 2023

2.484m / 2.884m TVL = 83.13 = RP FXS 196 * RP = 168.82

Cycle 2023-C57

Voting: Jan 25, 2023 - Feb 1, 2023

APR: Feb 1, 2023 - Feb 8, 2023

2.484m / 2.873m TVL = 86.46 = RP FXS 199 * RP = 172.06

Cycle 2023-C56

Voting: Jan 18, 2023 - Jan 25, 2023

APR: Jan 25, 2023 - Feb 1, 2023

2.484m / 2.871m TVL = 86.52% = RP FXS 199 * RP = 172.18

Cycle 2023-C55

Voting: Jan 11, 2023 - Jan 18, 2023

APR: Jan 18, 2023 - Jan 25, 2023

2.484m / 2.888m TVL = 86.011% = RP FXS 197 * RP = 169.442

Cycle 2023-C54

Voting: Jan 4, 2023 - Jan 11, 2023

APR: Jan 11, 2023 - Jan 18, 2023

2.484m / 2.887m TVL = 86.04% = RP FXS 196 * RP = 168.64

Cycle 2023-C53

Voting: Dec 28, 2022 - Jan 4, 2023

APR: Jan 4, 2023 - Jan 11, 2023

2.484m / 2.877m TVL = 86.34% = RP FXS 202 * RP = 174.407

Cycle 2022-C52

Voting: Dec 21, 2022 - Dec 28, 2022

APR: Dec 28, 2022 - Jan 4, 2023

2.484m / 3.051m TVL = 81.42% = RP FXS 140 * RP = 113.982

Cycle 2022-C51

Voting: Dec 14, 2022 - Dec 21, 2022

APR: Dec 21, 2022 - Dec 28, 2022

2.484m / 3.105m TVL = 80% = RP FXS 131 * RP = 104.8

Cycle 2022-C50

Voting: Dec 7, 2022 - Dec 14, 2022

APR: Dec 14, 2022 - Dec 21, 2022

2.484m / 3.114m TVL = 79.77% = RP FXS 290 * RP = 231.33

Cycle 2022-C49

Voting: Nov 30, 2022 - Dec 7, 2022

APR: Dec 7, 2022 - Dec 14, 2022

2.484m / 3.107m TVL = 79.95% = RP FXS 361 * RP = 288.614

Cycle 2022-C48

Voting: Nov 23, 2022 - Nov 30, 2022

APR: Nov 30, 2022 - Dec 7, 2022

2.484m / 3.503m TVL = 70.91% = RP FXS 553 * RP = 392.14

Cycle 2022-C47

Voting: Nov 16, 2022 - Nov 23, 2022

APR: Nov 23, 2022 - Nov 30, 2022

2.484m / 3.783m TVL = 65.66% = RP FXS 362 * RP = 237.7

Cycle 2022-C46

Voting: Nov 9, 2022 - Nov 16, 2022

APR: Nov 16, 2022 - Nov 23, 2022

2.484m / 3.819m TVL = 65.04% = RP FXS 372 * RP = 241.96

Cycle 2022-C45

Voting: Nov 2, 2022 - Nov 9, 2022

APR: Nov 9, 2022 - Nov 16, 2022

2.484m / 3.874m TVL = 64.12% = RP FXS 230 * RP = 147.48

Cycle 2022-C44

Voting: Oct 26, 2022 - Nov 2, 2022

APR: Nov 2, 2022 - Nov 9, 2022

2.484m / 3.863m TVL = 64.3% = RP FXS 258 * RP = 165.9

Cycle 2022-C43

Voting: Oct 19, 2022 - Oct 26, 2022

APR: Oct 26, 2022 - Nov 2, 2022

2.484m / 3.874m TVL = 64.12% = RP FXS 285 * RP = 182.74

Cycle 2022-C42

Voting: Oct 12, 2022 - Oct 19, 2022

APR: Oct 19, 2022 - Oct 26, 2022

2.484m / 3.859m TVL = 64.37% = RP FXS 282 * RP = 181.52

Cycle 2022-C41

Voting: Oct 5, 2022 - Oct 12, 2022

APR: Oct 12, 2022 - Oct 19, 2022

2.484m / 3.823m TVL = 64.98% = RP FXS 397 * RP = 257.95

Cycle 2022-C40

Voting: Sep 28, 2022 - Oct 5, 2022

APR: Oct 5, 2022 - Oct 12, 2022

2.484m / 4.146m TVL = 59.913% = RP FXS 390 * RP = 233.66

Cycle 2022-C39

Voting: Sep 21, 2022 - Sep 28, 2022

APR: Sep 28, 2022 - Oct 5, 2022

2.484m / 4.121m TVL = 60.277% = RP FXS 387 * RP = 233.27

Cycle 2022-C38

Voting: Sep 14, 2022 - Sep 21, 2022

APR: Sep 21, 2022 - Sep 28, 2022

2.484m / 4.192m TVL = 59.256% = RP FXS 385 * RP = 228.135

Cycle 2022-C37

Voting: Sep 7, 2022 - Sep 14, 2022

APR: Sep 14, 2022 - Sep 21, 2022

2.484m / 4.639m TVL = 53.546% = RP FXS 294 * RP = 157.43

Cycle 2022-C36

Voting: Aug 31, 2022 - Sep 7, 2022

APR: Sep 7, 2022 - Sep 14, 2022

2.484m / 4.62m TVL = 53.766% = RP FXS 323 * RP = 173.67

Cycle 2022-C35

Voting: Aug 24, 2022 - Aug 31, 2022

APR: Aug 31, 2022 - Sep 7, 2022

2.484m / 5.082m TVL = 48.88% =RP FXS 469 * RP = 229.24

Cycle 2022-C34

Voting: Aug 17, 2022 - Aug 24, 2022

APR: Aug 24, 2022 - Aug 31, 2022

2.484m / 6.694m TVL = 37.108% = RP FXS 478 * RP = 177.38

Cycle 2022-C33

Voting: Aug 10, 2022 - Aug 17, 2022

APR: Aug 17, 2022 - Aug 24, 2022

2.484m / 6.671m TVL = 37.24% = RP FXS 494 * RP = 183.945

Cycle 2022-C32

Voting: Aug 3, 2022 - Aug 10, 2022

APR: Aug 10, 2022 - Aug 17, 2022

2.484m / 6.849m TVL = 36.27% = RP FXS 491 * RP = 178.076

Cycle 2022-C31

Voting: Jul 27, 2022 - Aug 3, 2022

APR: Aug 3, 2022 - Aug 10, 2022

2.484m / 6.783 TVL = 36.62% = RP FXS 404 * RP = 147.95

Cycle 2022-C30

Voting: Jul 20, 2022 - Jul 27, 2022

APR: Jul 27, 2022 - Aug 3, 2022

2.484m / 6.725m TVL = 36.94% = RP FXS 388 * RP = 143.315

Cycle 2022-C29

Voting: Jul 13, 2022 - Jul 20, 2022

APR: Jul 20, 2022 - Jul 27, 2022

2.484m / 6.765m TVL = 36.718%=RP FXS 313 * RP = 114.93

Cycle 2022-C28

Voting: Jul 6, 2022 - Jul 13, 2022

APR: Jul 13, 2022 - Jul 20, 2022

2.484m / 7.077m TVL = 35.1% = RP FXS 311 * RP = 109.16

Cycle 2022-C27

Voting: Jun 29, 2022 - Jul 6, 2022

APR: Jul 6, 2022 - Jul 13, 2022

2.484m / 7.646m TVL = 32.488% = RP FXS 637 * RP = 206.95

Cycle 2022-C26

Voting: Jun 22, 2022 - Jun 29, 2022

APR: Jun 29, 2022 - Jul 6, 2022

2.484m / 7.6707m TVL = 32.383%=RP FXS 813 * RP = 263.273

Cycle 2022-C25

Voting: Jun 15, 2022 - Jun 22, 2022

APR: Jun 22, 2022 - Jun 29, 2022

2.484m / 11.844m TVL = 20.973%=RP FXS 860 * RP = 180.365

Cycle 2022-C24

Voting: Jun 8, 2022 - Jun 15, 2022

APR: Jun 15, 2022 - Jun 22, 2022

2.484m / 12.002m TVL = 20.697%=RP FXS 720 * RP = 149.02

Cycle 2022-C23

Voting: Jun 1, 2022 - Jun 8, 2022

APR: Jun 8, 2022 - Jun 15, 2022

2.484m / 11.842m TVL = 20.9762=RP FXS 685 * RP = 143.69

Cycle 2022-C22

Voting: May 25, 2022 - Jun 1, 2022

APR: Jun 1, 2022 - Jun 8, 2022

2.484m / 15.359m TVL= 16.173%=RP FXS 679 * R[ =109.814

Cycle 2022-C21

Voting: May 18, 2022 - May 25, 2022

APR: May 25, 2022 - Jun 1, 2022

2.484m / 15.281m TVL = 16.255%=RP FXS 526 * RP = 85.504

Cycle 2022-C20

Voting: May 11, 2022 - May 18, 2022

APR: May 18, 2022 - May 25, 2022

2.484m / 21.239m TVL = 11.6955%=RP FXS 527 * RP = 61.635

Cycle 2022-C19

Voting: May 4, 2022 - May 11, 2022

APR: May 11, 2022 - May 18, 2022

2.484m / 20.576m TVL = 10.072%=RP FXS 850 * RP = 102.615

Cycle 2022-C18

Voting: Apr 27, 2022 - May 4, 2022

APR: May 4, 2022 - May 11, 2022

2.484m / 20.185m TVL=12.306%=RP FXS 877 * RP = 107.925

Cycle 2022-C17

Voting: Apr 20, 2022 - Apr 27, 2022

APR: Apr 27, 2022 - May 4, 2022

2.484m / 19.337m TVL=12.845%=RP FXS 748 * RP = 96.086

Cycle 2022-C16

Voting: Apr 13, 2022 - Apr 20, 2022

APR: Apr 20, 2022 - Apr 27, 2022

2.484m / 20.402m TVL=12.175%=RP FXS 1328 * RP = 161.6877

Cycle 2022-C15

Voting: Apr 6, 2022 - Apr 13, 2022

APR: Apr 13, 2022 - Apr 20, 2022

2.484m / 19.066m TVL=13.028%=RP FXS 1495 * RP = 197.775

Cycle 2022-C14

Voting: Mar 30, 2022 - Apr 6, 2022

APR: Apr 6, 2022 - Apr 13, 2022

2.484m / 18.73mTVL=13.262%=RP FXS 861 * RP = 114.187

Cycle 2022-C13

Voting: Mar 23, 2022 - Mar 30, 2022

APR: Mar 30, 2022 - Apr 6, 2022

2.484m / 18.297m TVL= 13.576%=RP FXS 1033 * RP = 140.24

Cycle 2022-C12

Voting: Mar 16, 2022 - Mar 23, 2022

APR: Mar 23, 2022 - Mar 30, 2022

2.484m / 19.923m TVL= 12.468%= RP FXS 1419 * RP = 176.92

Cycle 2022-C11

Voting: Mar 9, 2022 - Mar 16, 2022

APR: Mar 16, 2022 - Mar 23, 2022

2.484m / 19.239m TVL = 12.911%=RP FXS 1437 * RP = 185.535

Cycle 2022-C10

Voting: Mar 2, 2022 - Mar 9, 2022

APR: Mar 9, 2022 - Mar 16, 2022

2.484m / 18.103m TVL=13.721%=RP FXS 1518 * RP = 208.292

Cycle 2022-C09

Voting: Feb 23, 2022 - Mar 2, 2022

APR: Mar 2, 2022 - Mar 9, 2022

2.484m / 18.585TVL=13.3656%=RP FXS 1573 * RP = 210.2411

Cycle 2022-C08

Voting: Feb 16, 2022 - Feb 23, 2022

APR: Feb 23, 2022 - Mar 2, 2022

2.484m / 18.157m TVL= 13.68%=RP FXS 1750 * RP = 239.411

Cycle 2022-C07

Voting: Feb 9, 2022 - Feb 16, 2022

APR: Feb 16, 2022 - Feb 23, 2022

2.484m / 18.843m TVL = 13.1826%=RP FXS 2460 * RP= 324.2923

Cycle 2022-C06

Voting: Feb 2, 2022 - Feb 9, 2022

APR: Feb 9, 2022 - Feb 16, 2022

2.484m / 20.069m TVL = 12.377%=RP FXS 973 * RP = 120.431

Cycle 2022-C05

Voting: Jan 26, 2022 - Feb 2, 2022

APR: Feb 2, 2022 - Feb 9, 2022

2.484m / 25.41m TVL = 9.7373% FXS 1,657 * % = 161.348

6 Likes

I could not find a way to edit my post, so, I was forced to copy and pate my revision here as a comment, sorry for the inconvenience.

After a lot of time and a lot of math, below you will find the total debt liability for the LPs remaining in this pool, calculated using the Value of FXS at time of emission based on a 3 sample average per period. Additionally, you will find the Total USD Value of ALL FXS ever rewarded throughout the lifetime of the pool, utilizing the same 3 sample average.

Despite the new information indicating a lesser debt, my recommended unlock fee of 7.5% remains.

2nd iteration of (deprecated)StakeDAO Frax-Eth Put Pool Unlock w/FXS_Refund

The statement has been made “if you want an unlock, refund all the rewards.”

Below, you will find math showing proportionate calculations outlining how many rewards the current and proposed-to-be-unlocked-TVL received.

Additionally, you will find the grand total of all rewards ever given. If Frax believes the current and proposed-to-be-unlocked TVL should be responsible for repaying back all rewards ever given in this pool, you will find that number below.

If, like me, you believe that number should be weight adjusted, you will find the “Respective Percentage” total listed as well. The “Respective Percentage” or “RP” was calculated by comparing the (current) proposed-to-be-unlocked-TVL weight against the TVL of any 1 voting period, since inception of the pool’s gauge.

All figures are using current market values

Total “RP” FXS to date = 10702 FXS \$8.52 * 10702 = \$91,181.04

10,702 FXS buy order results in (0.72%+(0.3%fee))= 1.02% slippage
thus 1.02% + \$91,181.04 = \$92,111.086 owed

\$92,111.086 / \$2.484m = 3.71% of TVL FEE

Total FXS to date = 36494 FXS \$8.52 * 36494 = \$310,928.88

36,494 FXS buy order results in (1.74%+(0.3%fee)) = 2.04% slippage,
thus 2.04%+310,928.88 = \$317,271.83 owed
317,271.83 / \$2.484m = 12.773% of TVL FEE

Rage-Quitters will agree to pay back their share of emissions to take part in the unlock. However,
I do not believe the entire life-time of emission should be held against the few long-term lockers left in the pool.

As you can see from the numbers, a vast majority of the rewards came from a short period where TVL spiked with clearly minimally locked funds.

I propose this pool be unlocked for a 7.5% Rage Quit Fee, which (at current value) more than covers the FXS emissions the remaining TVL has received.

If the Frax Gatekeepers feel 7.5% is unreasonable given the data shown in this proposal, then I will leave it up to them to decide what they believe is fair, just please make the proper adjustment in the snapshot version of the vote.
The RageQuit Fee shall be ((((xy) + slippage) / TVL) * 100)%
x= FXS_Price | y = Emissions_Liability | s= FraxSwap_Slippage

I encourage any interested party to run the numbers themselves to verify I did not error, and to voice their opinion, especially if in opposition.

EDIT#1
Per the recommendation of Sir Sam Kazemian, I have edited the figures to include the average(AVG.) price of FXS at the time of reward for all voting periods to date. The AVG is calculated using 3 data points: First-Voting-Date, Last-Voting-Date/First-APR-date and Last-APR-Date. Using the AVG price of FXS per period, I will then include the RP% as before, and the Grand Total to all participants who ever interacted with this gauge pool, mercenary capital included.

Total Relative FXS-Liability of USD value upon emission = \$104,779.17625 = 4.218%
Lifetime USD \$value\$ upon emission of ALL FXS rewards = \$576,460.9796 = 23.2% (fee)

# Given the newfound information, I would still request unlock for a 7.5% fee, which would cover the USD value of all FXS rewarded to current LPs across the entire lifetime of this gauge. Thank you for your time, Lyule67.ETH

Cycle 2023-C66

Voting: Mar 29, 2023 - Apr 5, 2023

APR: Apr 5, 2023 - Apr 12, 2023

2.484m / 2.49m TVL = 99.76% = RP FXS 105 * RP = 104.75

(8.75+9.7+8.75)/3 = 9.0667 * 105 = 952
9.0667 * 104.75 = 949.733

Cycle 2023-C65

Voting: Mar 22, 2023 - Mar 29, 2023

APR: Mar 29, 2023 - Apr 5, 2023

2.484m / 2.49m TVL = 99.76% = RP FXS 123 * RP = 122.7

(8.03+8.75+9.7)/3 = 8.82667 * 123 = 1085.68
8.82667 * 122.7 = 1083.032

Cycle 2023-C64

Voting: Mar 15, 2023 - Mar 22, 2023

APR: Mar 22, 2023 - Mar 29, 2023

2.484m / 2.489m TVL = 99.8% = RP FXS 123 * RP = 122.75

(8.21+8.03+8.75)/3 = 8.33 * 123 = 1024.59
8.33 * 122.75 = 1022.5075

Cycle 2023-C63

Voting: Mar 8, 2023 - Mar 15, 2023

APR: Mar 15, 2023 - Mar 22, 2023

2.484m / 2.487m TVL = 99.88% = RP FXS 143 * RP = 142.83

(8.95+8.21+8.03)/3 = 8.3967 * 143 = 1200.723
8.3967 * 142.83 = 1199.296

Cycle 2023-C62

Voting: Mar 1, 2023 - Mar 8, 2023

APR: Mar 8, 2023 - Mar 15, 2023

2.484m / 2.566m TVL = 96.8% = RP FXS 138 * RP = 133.59

(11.96+8.95+8.21)/3 = 9.7067 * 138 = 1339.52
9.7067 * 133.59 = 1296.7136

Cycle 2023-C61

Voting: Feb 22, 2023 - Mar 1, 2023

APR: Mar 1, 2023 - Mar 8, 2023

2.484m / 2.56m TVL = 97.03% = RP FXS 131 * RP = 127.11

(10.48+11.96+8.95)/3 = 10.463 * 131 = 1370.697
10.463 * 127.11 = 1329.994

Cycle 2023-C60

Voting: Feb 15, 2023 - Feb 22, 2023

APR: Feb 22, 2023 - Mar 1, 2023

2.484m / 2.557m TVL = 97.15% = RP FXS 131 * RP = 127.26

(11.44+10.48+11.96)/3 = 11.2933 * 131 = 1479.43
11.2933 * 127.26 = 1437.19

Cycle 2023-C59

Voting: Feb 8, 2023 - Feb 15, 2023

APR: Feb 15, 2023 - Feb 22, 2023

2.484m / 2.549m TVL = 97.45% = RP FXS 197 * RP = 191.98

(12.29+11.44+10.48)/3 = 11.4033 * 197 = 2246.457
11.4033 * 191.98 = 2189.212

Cycle 2023-C58

Voting: Feb 1, 2023 - Feb 8, 2023

APR: Feb 8, 2023 - Feb 15, 2023

2.484m / 2.884m TVL = 83.13 = RP FXS 196 * RP = 168.82

(10.81+12.29+11.44)/3 = 11.513 * 196 = 2256.613
11.513 * 168.82 = 1943.681

Cycle 2023-C57

Voting: Jan 25, 2023 - Feb 1, 2023

APR: Feb 1, 2023 - Feb 8, 2023

2.484m / 2.873m TVL = 86.46 = RP FXS 199 * RP = 172.06

(10.42+10.81+12.29)/3 = 11.173 * 199 = 2223.493
11.173 * 172.06 = 1922.484

Cycle 2023-C56

Voting: Jan 18, 2023 - Jan 25, 2023

APR: Jan 25, 2023 - Feb 1, 2023

2.484m / 2.871m TVL = 86.52% = RP FXS 199 * RP = 172.18

(8.67+10.42+10.81)/3 = 9.967 * 199 = 1983.367
9.967 * 172.18 = 1716.06

Cycle 2023-C55

Voting: Jan 11, 2023 - Jan 18, 2023

APR: Jan 18, 2023 - Jan 25, 2023

2.484m / 2.888m TVL = 86.011% = RP FXS 197 * RP = 169.442

(5.60+8.67+10.42)/3 = 8.23 * 197 = 1621.31
8.23 * 169.442 = 1394.5077

Cycle 2023-C54

Voting: Jan 4, 2023 - Jan 11, 2023

APR: Jan 11, 2023 - Jan 18, 2023

2.484m / 2.887m TVL = 86.04% = RP FXS 196 * RP = 168.64

(5.03+5.60+8.67)/3 = 6.433 * 196 = 1260.933
6.433 * 168.64 = 1084.92

Cycle 2023-C53

Voting: Dec 28, 2022 - Jan 4, 2023

APR: Jan 4, 2023 - Jan 11, 2023

2.484m / 2.877m TVL = 86.34% = RP FXS 202 * RP = 174.407

(4.3+5.03+5.60)/3 = 4.97667 * 202 = 1005.287
4.97667 * 174.407 = 867.966

Cycle 2022-C52

Voting: Dec 21, 2022 - Dec 28, 2022

APR: Dec 28, 2022 - Jan 4, 2023

2.484m / 3.051m TVL = 81.42% = RP FXS 140 * RP = 113.982

(4.95+4.3+5.03)/3 = 4.76 * 140 = 666.4
4.76 * 113.982 = 542.554

Cycle 2022-C51

Voting: Dec 14, 2022 - Dec 21, 2022

APR: Dec 21, 2022 - Dec 28, 2022

2.484m / 3.105m TVL = 80% = RP FXS 131 * RP = 104.8

(5.45+4.95+4.3)/3 = 4.9 * 131 = 641.9
4.9 * 104.8 = 513.52

Cycle 2022-C50

Voting: Dec 7, 2022 - Dec 14, 2022

APR: Dec 14, 2022 - Dec 21, 2022

2.484m / 3.114m TVL = 79.77% = RP FXS 290 * RP = 231.33

(5.74+5.45+4.95)/3 = 5.38 * 290 = 1560.2
5.38 * 231.33 = 1244.5554

Cycle 2022-C49

Voting: Nov 30, 2022 - Dec 7, 2022

APR: Dec 7, 2022 - Dec 14, 2022

2.484m / 3.107m TVL = 79.95% = RP FXS 361 * RP = 288.614

(4.94+5.74+5.45)/3 = 5.37667 * 361 = 1940.977
5.37667 * 288.614 = 1551.781

Cycle 2022-C48

Voting: Nov 23, 2022 - Nov 30, 2022

APR: Nov 30, 2022 - Dec 7, 2022

2.484m / 3.503m TVL = 70.91% = RP FXS 553 * RP = 392.14

(4.47+4.94+5.74)/3 = 5.05 * 533 = 2691.65
5.05 * 392.14 = 1980.307

Cycle 2022-C47

Voting: Nov 16, 2022 - Nov 23, 2022

APR: Nov 23, 2022 - Nov 30, 2022

2.484m / 3.783m TVL = 65.66% = RP FXS 362 * RP = 237.7

(4.6+4.47+4.94)/3 = 4.67 * 362 = 1690.54
4.67 * 237.7 = 1110.059

Cycle 2022-C46

Voting: Nov 9, 2022 - Nov 16, 2022

APR: Nov 16, 2022 - Nov 23, 2022

2.484m / 3.819m TVL = 65.04% = RP FXS 372 * RP = 241.96

(5.26+4.60+4.47)/3 = 4.7767 * 372 = 1776.92
4.7767 * 241.96 = 1155.7623

Cycle 2022-C45

Voting: Nov 2, 2022 - Nov 9, 2022

APR: Nov 9, 2022 - Nov 16, 2022

2.484m / 3.874m TVL = 64.12% = RP FXS 230 * RP = 147.48

(6.35+5.26+4.60)/3 = 5.403 * 230 = 1242.7667

5.403 * 147.48 = 796.884

Cycle 2022-C44

Voting: Oct 26, 2022 - Nov 2, 2022

APR: Nov 2, 2022 - Nov 9, 2022

2.484m / 3.863m TVL = 64.3% = RP FXS 258 * RP = 165.9

(6.11+6.35+5.26)/3 = 5.90667 * 258 = 1523.92

5.90667 * 165.9 = 979.916

Cycle 2022-C43

Voting: Oct 19, 2022 - Oct 26, 2022

APR: Oct 26, 2022 - Nov 2, 2022

2.484m / 3.874m TVL = 64.12% = RP FXS 285 * RP = 182.74

(6.11+6.11+6.35)/3 = 6.19 * 285 =1,764.15
6.19 * 182.74 = 1,131.16

Cycle 2022-C42

Voting: Oct 12, 2022 - Oct 19, 2022

APR: Oct 19, 2022 - Oct 26, 2022

2.484m / 3.859m TVL = 64.37% = RP FXS 282 * RP = 181.52

(4.81+6.11+6.11)/3 = 5.6767 * 282 = 1,617.85
5.6767 * 181.52 = 1,030.43

Cycle 2022-C41

Voting: Oct 5, 2022 - Oct 12, 2022

APR: Oct 12, 2022 - Oct 19, 2022

2.484m / 3.823m TVL = 64.98% = RP FXS 397 * RP = 257.95

(4.73+4.81+6.11)/3 = 5.21667 * 397 = 2,071.017
5.21667 * 257.95 = 1,345.64

Cycle 2022-C40

Voting: Sep 28, 2022 - Oct 5, 2022

APR: Oct 5, 2022 - Oct 12, 2022

2.484m / 4.146m TVL = 59.913% = RP FXS 390 * RP = 233.66

(4.11+4.73+4.81)/3 = 4.55 * 390 = 1,774.5
4.55 * 233.66 = 1,063.153

Cycle 2022-C39

Voting: Sep 21, 2022 - Sep 28, 2022

APR: Sep 28, 2022 - Oct 5, 2022

2.484m / 4.121m TVL = 60.277% = RP FXS 387 * RP = 233.27

(4.45+4.11+4.73)/3 = 4.43 * 387 = 1,714.41
4.43 * 233.27 = 1,033.39

Cycle 2022-C38

Voting: Sep 14, 2022 - Sep 21, 2022

APR: Sep 21, 2022 - Sep 28, 2022

2.484m / 4.192m TVL = 59.256% = RP FXS 385 * RP = 228.135

(5.57+4.45+4.11)/3 = 4.71 * 385 = 1,860.45
4.71 * 228.135 = 1,074.53

Cycle 2022-C37

Voting: Sep 7, 2022 - Sep 14, 2022

APR: Sep 14, 2022 - Sep 21, 2022

2.484m / 4.639m TVL = 53.546% = RP FXS 294 * RP = 157.43

(6.21+5.57+4.45)/3 = 5.41 * 294 = 1,590.54
5.41 * 157.43 = 851.7

Cycle 2022-C36

Voting: Aug 31, 2022 - Sep 7, 2022

APR: Sep 7, 2022 - Sep 14, 2022

2.484m / 4.62m TVL = 53.766% = RP FXS 323 * RP = 173.67

(5.75+6.21+5.57)/3 = 5.843 * 323 = 1,887.397
5.843 * 173.67 = 1,014.812

Cycle 2022-C35

Voting: Aug 24, 2022 - Aug 31, 2022

APR: Aug 31, 2022 - Sep 7, 2022

2.484m / 5.082m TVL = 48.88% =RP FXS 469 * RP = 229.24

(6.28+5.75+6.21)/3 = 6.08 * 469 = 2,851.52
6.08 * 229.24 = 1,393.779

Cycle 2022-C34

Voting: Aug 17, 2022 - Aug 24, 2022

APR: Aug 24, 2022 - Aug 31, 2022

2.484m / 6.694m TVL = 37.108% = RP FXS 478 * RP = 177.38

(5.88+6.28+5.75)/3 = 5.97 * 478 = 2,853.66
5.97 * 177.38 = 1,058.959

Cycle 2022-C33

Voting: Aug 10, 2022 - Aug 17, 2022

APR: Aug 17, 2022 - Aug 24, 2022

2.484m / 6.671m TVL = 37.24% = RP FXS 494 * RP = 183.945

(7.01+5.88+6.28)/3 = 6.39 * 494 = 3,156.66

6.39 * 183.945 = 1,175.409

Cycle 2022-C32

Voting: Aug 3, 2022 - Aug 10, 2022

APR: Aug 10, 2022 - Aug 17, 2022

2.484m / 6.849m TVL = 36.27% = RP FXS 491 * RP = 178.076

(7.34+7.01+5.88)/3 = 6.743 * 491 = 3,310.977
6.743 * 178.076 = 1,200.826

Cycle 2022-C31

Voting: Jul 27, 2022 - Aug 3, 2022

APR: Aug 3, 2022 - Aug 10, 2022

2.484m / 6.783 TVL = 36.62% = RP FXS 404 * RP = 147.95

(6.28+7.34+7.01)/3 = 6.8767 * 404 = 2,778.173
6.8767 * 147.95 = 1,017.403

Cycle 2022-C30

Voting: Jul 20, 2022 - Jul 27, 2022

APR: Jul 27, 2022 - Aug 3, 2022

2.484m / 6.725m TVL = 36.94% = RP FXS 388 * RP = 143.315

(6.63+6.28+7.34)/3 = 6.75 * 388 = 2,619
6.75 * 143.315 = 967.3763

Cycle 2022-C29

Voting: Jul 13, 2022 - Jul 20, 2022

APR: Jul 20, 2022 - Jul 27, 2022

2.484m / 6.765m TVL = 36.718%=RP FXS 313 * RP = 114.93

(4.84+6.63+6.28)/3 = \$5.9167 * 313 = \$1,851.92
\$5.9167 * 114.93 = \$680

Cycle 2022-C28

Voting: Jul 6, 2022 - Jul 13, 2022

APR: Jul 13, 2022 - Jul 20, 2022

2.484m / 7.077m TVL = 35.1% = RP FXS 311 * RP = 109.16

(5.32+4.84+6.63)/3 = \$5.5967 * 311 = \$1,740.563
\$5.5967 * 109.16 = \$610.932

Cycle 2022-C27

Voting: Jun 29, 2022 - Jul 6, 2022

APR: Jul 6, 2022 - Jul 13, 2022

2.484m / 7.646m TVL = 32.488% = RP FXS 637 * RP = 206.95

(4.7+5.32+4.84)/3 = \$4.9533 * 637 = \$3,155.273
\$4.9533 * 206.95 = \$1,025.092(RP)

Cycle 2022-C26

Voting: Jun 22, 2022 - Jun 29, 2022

APR: Jun 29, 2022 - Jul 6, 2022

2.484m / 7.6707m TVL = 32.383%=RP FXS 813 * RP = 263.273

(5.13+4.7+5.32)/3 = \$5.05 * 813 = \$4,105.65
\$5.05 * 263.273 = \$1,329.529(RP)

Cycle 2022-C25

Voting: Jun 15, 2022 - Jun 22, 2022

APR: Jun 22, 2022 - Jun 29, 2022

2.484m / 11.844m TVL = 20.973%=RP FXS 860 * RP = 180.365

(4.54+5.13+4.7)/3 = \$4.79 * 860 = \$4,128.98

\$4.79 * 180.365 = \$863.94835(RP)

Cycle 2022-C24

Voting: Jun 8, 2022 - Jun 15, 2022

APR: Jun 15, 2022 - Jun 22, 2022

2.484m / 12.002m TVL = 20.697%=RP FXS 720 * RP = 149.02

(5.72+4.54+5.13)/3 = 5.13 * 720 = \$3,693.6
\$5.13 * 149.02 = \$764.4726(RP)

Cycle 2022-C23

Voting: Jun 1, 2022 - Jun 8, 2022

APR: Jun 8, 2022 - Jun 15, 2022

2.484m / 11.842m TVL = 20.9762=RP FXS 685 * RP = 143.69

(6.64+5.72+4.54)/3 = \$5.63 * 685 = \$3,858.833
\$5.63 * 143.69 = \$809.454(RP)

Cycle 2022-C22

Voting: May 25, 2022 - Jun 1, 2022

APR: Jun 1, 2022 - Jun 8, 2022

2.484m / 15.359m TVL= 16.173%=RP FXS 679 * RP =109.814

(7.33+6.64+5.72)/3 = \$6.5633 * 679 = \$4,456.5033

\$6.5633 * 109.814 = \$720.7459(RP)

Cycle 2022-C21

Voting: May 18, 2022 - May 25, 2022

APR: May 25, 2022 - Jun 1, 2022

2.484m / 15.281m TVL = 16.255%=RP FXS 526 * RP = 85.504

(7.04+7.33+6.64)/3 = 7.0033 * 526 = \$3,683.7533
\$7.0033 * 85.504 = \$598.813(RP)

Cycle 2022-C20

Voting: May 11, 2022 - May 18, 2022

APR: May 18, 2022 - May 25, 2022

2.484m / 21.239m TVL = 11.6955%=RP FXS 527 * RP = 61.635

(11.76+7.04+7.33)/3 = \$26.13 * 527 = \$13,770.51
26.13 * 61.635 = \$1,610.52255(RP)

Cycle 2022-C19

Voting: May 4, 2022 - May 11, 2022

APR: May 11, 2022 - May 18, 2022

2.484m / 20.576m TVL = 10.072%=RP FXS 850 * RP = 102.615

(29.07+11.76+7.04)/3 = 15.95667 * 850 = \$13,563.1667
15.95667 * 102.615 = \$1,637.3934(RP)
Cycle 2022-C18

Voting: Apr 27, 2022 - May 4, 2022

APR: May 4, 2022 - May 11, 2022

2.484m / 20.185m TVL=12.306%=RP FXS 877 * RP = 107.925

(27.54+29.07+11.76)/3 = 22.79 * 877 = \$19,986.83
22.79 * 107.925 = \$2,459.61075(RP)

Cycle 2022-C17

Voting: Apr 20, 2022 - Apr 27, 2022

APR: Apr 27, 2022 - May 4, 2022

2.484m / 19.337m TVL=12.845%=RP FXS 748 * RP = 96.086

(36.13+27.54+29.07)/3 = \$30.9133 * 748 = \$23,123.173

\$30.9133 * 96.086 = \$2,970.339(RP)

Cycle 2022-C16

Voting: Apr 13, 2022 - Apr 20, 2022

APR: Apr 20, 2022 - Apr 27, 2022

2.484m / 20.402m TVL=12.175%=RP FXS 1328 * RP = 161.6877

(33.28+36.13+27.54)/3 = \$32.31667 * 1328 = \$42,916.533
\$32.31667 * 161.6877 = \$5,225.207(RP)

Cycle 2022-C15

Voting: Apr 6, 2022 - Apr 13, 2022

APR: Apr 13, 2022 - Apr 20, 2022

2.484m / 19.066m TVL=13.028%=RP FXS 1495 * RP = 197.775

(30.71+33.28+36.13)/3 = \$33.373 * 1495 = \$49,893.133
\$33.373 * 197.775 = \$6,600.411(RP)

Cycle 2022-C14

Voting: Mar 30, 2022 - Apr 6, 2022

APR: Apr 6, 2022 - Apr 13, 2022

2.484m / 18.73mTVL=13.262%=RP FXS 861 * RP = 114.187

(22.79+30.71+33.28)/3 = 28.92667 * 861 = \$24,905.86
28.92667 * 114.187 = \$3,303.049(RP)

Cycle 2022-C13

Voting: Mar 23, 2022 - Mar 30, 2022

APR: Mar 30, 2022 - Apr 6, 2022

2.484m / 18.297m TVL= 13.576%=RP FXS 1033 * RP = 140.24

(17.83+22.79+30.71)/3 = 23.777 * 1033 = \$24,561.297

23.777 * 140.24 = \$3,334.4397(RP)

Cycle 2022-C12

Voting: Mar 16, 2022 - Mar 23, 2022

APR: Mar 23, 2022 - Mar 30, 2022

2.484m / 19.923m TVL= 12.468%= RP FXS 1419 * RP = 176.92

(17.87+17.83+22.79)/3 = \$19.497 * 1419 = \$27,665.77
19.497 * 176.92 = \$3,449.35 (RP)

Cycle 2022-C11

Voting: Mar 9, 2022 - Mar 16, 2022

APR: Mar 16, 2022 - Mar 23, 2022

2.484m / 19.239m TVL = 12.911%=RP FXS 1437 * RP = 185.535

(17.92+17.87+17.83)/3 = \$17.873 * 1437 = \$25,683.98
18.873 * 185.535 = \$3,316.129(RP)

Cycle 2022-C10

Voting: Mar 2, 2022 - Mar 9, 2022

APR: Mar 9, 2022 - Mar 16, 2022

2.484m / 18.103m TVL=13.721%=RP FXS 1518 * RP = 208.292

(26.51+17.92+17.87)/3 = \$20.767 * 1518 = \$31,523.8
20.767 * 208.292 = \$4,325.53(RP)

Cycle 2022-C09

Voting: Feb 23, 2022 - Mar 2, 2022

APR: Mar 2, 2022 - Mar 9, 2022

2.484m / 18.585TVL=13.3656%=RP FXS 1573 * RP = 210.2411

(18.09+23.51+17.92)/3 = 19.84 * 1573 = \$31,208.32
19.84 * 210.2411 = \$4,171.183(RP)

Cycle 2022-C08

Voting: Feb 16, 2022 - Feb 23, 2022

APR: Feb 23, 2022 - Mar 2, 2022

2.484m / 18.157m TVL= 13.68%=RP FXS 1750 * RP = 239.411

(26.73+18.09+23.51)/3 = 22.7767 * 1750 = \$39,859.167
22.7767 * 239.411 = \$5,452.9845(RP)

Cycle 2022-C07

Voting: Feb 9, 2022 - Feb 16, 2022

APR: Feb 16, 2022 - Feb 23, 2022

2.484m / 18.843m TVL = 13.1826%=RP FXS 2460 * RP= 324.2923

(21.6+26.73+18.09)/3 = 22.14 * 2460 = \$54,464.4
22.14 * 324.2923 = \$7,179.8315(RP)

Cycle 2022-C06

Voting: Feb 2, 2022 - Feb 9, 2022

APR: Feb 9, 2022 - Feb 16, 2022

2.484m / 20.069m TVL = 12.377%=RP FXS 973 * RP = 120.431

(20.56+21.6+26.73)/3 = 22.963 * 973 = \$22,343
22.963 * 120.431 = \$2,765.497(RP)

Cycle 2022-C05

Voting: Jan 26, 2022 - Feb 2, 2022

APR: Feb 2, 2022 - Feb 9, 2022

2.484m / 25.41m TVL = 9.7373% FXS 1,657 * % = 161.348

(18.82+20.56+21.6)/3 = 20.32666 * 1657 = \$33,681.2866
20.32666 * 161.358 = \$3,279.8692(RP)

4 Likes

Thank you so much for working on this! I hope this appeases those who voted against it without voicing their reasons previously.

1 Like

I think it’s pretty awesome that after you got peddled with so much extra work for calculations that the new result actually presents a lower fee than originally proposed. I’d say that’s a perfect example of when sometimes going the extra mile is actually worth it. I don’t agree with proposing a 7.5% fee if the numbers show a 4.21% fee is the actual accurate number. They made you do all the math so imo it is only fair that those numbers actually get used now. Looking forward to seeing this move to snapshot and you’ll definitely have my vote.

4 Likes

I appreciate the recognition. While simple enough, the quantity made this a grueling task. I thought to enlist chatgpt to figure it, but I wanted to be sure it was accurate. All in all, I easily have 16hrs wrapped up in this from 1st revision to last.

Hopefully, given the circumstances, a repayment of rewards is sufficient.

I think its important people stop to consider, this isnt an APR ragequit , the strategy was deprecated and we are simply looking for a new home.

3 Likes

yeah I agree here as well. If the data says 4.21%, make that the tax/fee.

4 Likes

Thank you for that sir.

1 Like

Luke has provided a compelling quantitative case for unlocking (in addition to the more qualitative arguments presented elsewhere).

I agree with ssmccul in that 4.21% should be the proposed exit fee.

3 Likes

Hey, so I really appreciate the time and effort put into making this proposal. And I think a lot of the numbers are correct except for 1 main issue that undercounts the amount of yield going to long lockers. For example, in cycle C06 you have:

2.484m / 25.41m TVL = 9.7373% FXS

This isn’t actually how much the \$2.484M TVL earned. Recall that if you lock \$1M for 3 years, you earn 3x the APR which is equal to LPing \$3M without a lock. This doesn’t even take into account the veFXS boosts which could even 6x the entire number. Let’s assume for the sake of example that no one had veFXS boosts (doubtful! But let’s assume that wasn’t a factor for them locking), that means if the \$2.484M LPs locked for 3 years, they would be earning closer to 2.484*3=7.452M of the 25.41M TVL which puts it closer to 29% of the FXS emissions that should be repaid for that period, not 9.7%. If you make sure to include this across each cycle, I think you’d get something closer to 3x your current 4.21% repayment rate. It’s closer to 12.63%. And again, this also does not even account for the fact that the lockers might have had veFXS boosts. If they all had close to the 2x veFXS boost, that would make the repayment rate around 25.26%. But for sake of good faith argument here and appreciation for your work and time, let’s just assume no one even had any veFXS boosts so we’re back to something around 12.63% ish based on your own math counting the proper way the boost emissions were distributed.

Lastly, I know that we didn’t track gauge votes on Frax Facts for December 2021, but that month is tracked on the actual APY on Frax Finance which should technically be included in any repayment terms out of fairness if the point of the proposal is to be complete and transparent. But that oversight isn’t on you, it’s just old stats only being available in 1 place. You can see the APY for Dec 2021 by using the historical data on the charts. Once that is also calculated in the rate, I think you’d see that it is slightly above 12.63% as well but well below the 25.26% veFXS boost.

Again, thanks a lot for your work on this and an honest and transparent proposal for the benefit of both LPs in the gauge and for the long term health of the protocol

3 Likes

Thank you for replying. I see now the flaw in my math, though I understand why it didnt enter my train of thought: it would take an unrealstic amount of time to determine who locked how long and who boosted what, and I see now my calculations fail to account for the weight boost and I will investigate this in depth later tonight.

However, before I even dive deep into the numbers, I find one issue with your statement and proposed fair rate.

If, (aside from the unintentionally omitted rewards from 2021 which I will address) repayment of the USD value of ALL FXS ever emitted to the pool in entirety, valued at the average price of fxs for its respective period, to anyone who has ever interacted with the pool, would equate to what would be a fee of 23.2% of the 2.484m as shown

we couldnt hit 25.26% which makes me have some doubts about your 12.63% estimate.

Nevertheless, thank you. I will will revisit this proposition over the weekend.

2 Likes

Good pickup. Though, if we are talking about assumptions then we must also consider that a chunk of 2.5 mil left in the gauge was not present for the whole lifetime of the rewards (I know I wasn’t). Generally, high APY’s have to exist first before actors are drawn in, resulting in some lag time. Should a late-comer be responsible for \$FXS emitted beforehand?

I guess at the end of the day, aside from a sort of more forensic investigation (which seems a bit OTT - don’t make Lukey go through that lol), all we can do is provide some sort of reasonable estimate / bounds for the proposed exit fee. Perhaps meet in the middle?

1 Like

Here it is,

# The final proposal, Revision #3.

3rd iteration of (deprecated)StakeDAO Frax-Eth Put Pool Unlock w/FXS_Refund

The statement has been made “if you want an unlock, refund all the rewards.”

Below, you will find math showing proportionate calculations outlining how many rewards the current and proposed-to-be-unlocked-TVL received.

Additionally, you will find the grand total of all rewards ever given.

The “Respective Percentage” or “RP” was calculated by comparing the (current) proposed-to-be-unlocked-TVL weight against the TVL of any 1 voting period, since inception of the pool’s gauge.

Total “RP” FXS to date = 10702 FXS \$8.52 * 10702 = \$91,181.04
10,702 FXS buy order results in (0.72%+(0.3% fee ))= 1.02% slippage
thus 1.02% + \$91,181.04 = \$92,111.086 owed

\$92,111.086 / \$2.484m = 3.71% of TVL FEE

Total FXS to date = 36494 FXS \$8.52 * 36494 = \$310,928.88

36,494 FXS buy order results in (1.74% + (0.3%fee)) = 2.04% slippage ,
thus 2.04%+310,928.88 = \$317,271.83 owed
317,271.83 /
\$ 2.484m = 12.773% of TVL FEE

I propose this pool be unlocked for a 5% Rage Quit Fee, which (at current value) more than covers the FXS emissions the remaining TVL has received.

If the Frax Gatekeepers feel the proposed amount is unreasonable given the data shown in this iteration of the proposal, then I will leave it up to them to decide what they believe is fair, just please make the proper adjustment in the snapshot version of the vote.
The RageQuit Fee shall be ((((xy) + slippage) / TVL) * 100)%
x= FXS_Price | y = Emissions_Liability | s= FraxSwap_Slippage

I encourage any interested party to run the numbers themselves to verify I did not error, and to voice their opinion, especially if in opposition.

EDIT#1
Per the recommendation of Sir Sam Kazemian, I have edited the figures to include the average(AVG.) price of FXS at the time of rewards-emitted for all voting periods to date. The AVG is calculated using 3 data points: First-Voting-Date, Last-Voting-Date/First-APR-date and Last-APR-Date. Using the AVG price of FXS per period, I will then include both the total, and the weight-adjusted # as before.

EDIT#2
After further discussion with Sam K (thank you sir), It was pointed out that I made one grave error in my initial calculations; my original equations did not account for the Time-Lock Boost Multiplier of Emissions per capita. The calculations below now account for this.

Sam proposed a 3x across the board on all previous “Liable Debt” calculations, for simplicities sake. I ran into a problem while performing that operation however, in that once we get to more recent figures, the 3x results in an over calculation. To combat this, I decided to use a “Virtual Weight” for the figures, which allowed me to apply the 3x while still retaining the relative weight per pool, per period, to determine the value of rewards owed. The virtual weight calculations account for the 3x boost to APR through TVL rather than directly to APR, the same way the gauges do. This was a much more workable method of achieving the desired outcome of accounting for the 3x boost on locked TVL and how it affected rewards and thereby the Debt Liability in this proposal.

I started with a MAX LOCK(3.0x) and utilized a linear decay (-0.013 every 7 days) for the boost calculations.
(Additionally, I found a single figure where I incorrectly calculated the average price of FXS for a single period and have since corrected that.)

Total Relative FXS-Liability of USD value upon emission = \$ 104,779.17625 = 4.218%
Total \$value\$ upon emission of ALL rewards = \$576,460.9796 = 23.2% (fee)

Total USD of all FXS rewards emitted to 2.484m LP valued at time of emission, using Max Boost of 3.0 with linear decay : \$208,481.0176

208,481.0176 / 2,484,000 = 8.39%

I propose the 2.484m TVL within the StakeDAO sdETH-FraxPut Pool be unlocked for a withdrawal fee equal to the USD-Value-at-time-of-Emission of
ALL FXS rewarded to the (2.484m) LP in this pool
(8.39% of 2.484m TVL) (+ slippage ~1.57%) = 10% FEE

# Thank you for your time,

Lyule67.ETH

Cycle 2023-C66

Voting: Mar 29, 2023 - Apr 5, 2023

APR: Apr 5, 2023 - Apr 12, 2023

2.484m / 2.49m TVL = 99.76% = RP FXS 105 * RP = 104.75

(2.484 * 2.233) / 5.553m vTVL = 99.892% = %vTVL%

(8.75+9.7+8.75)/3 = 9.0667 * 105 = 952
9.0667 * 104.75 = 949.733

%vTVL% * 952 = 950.971

Cycle 2023-C65

Voting: Mar 22, 2023 - Mar 29, 2023

APR: Mar 29, 2023 - Apr 5, 2023

2.484m / 2.49m TVL = 99.76% = RP FXS 123 * RP = 122.7

(2.484 * 2.246) / 5.585m vTVL = 99.893% = %vTVL%

(8.03+8.75+9.7)/3 = 8.82667 * 123 = 1085.68
8.82667 * 122.7 = 1083.032

%vTVL% * 1085.68 = 1084.514

Cycle 2023-C64

Voting: Mar 15, 2023 - Mar 22, 2023

APR: Mar 22, 2023 - Mar 29, 2023

2.484m / 2.489m TVL = 99.8% = RP FXS 123 * RP = 122.75

(2.484 * 2.259) / 5.62m vTVL = 99.91% = %vTVL%

(8.21+8.03+8.75)/3 = 8.33 * 123 = 1024.59
8.33 * 122.75 = 1022.5075

%vTVL% * 1024.59 = 1023.6779

Cycle 2023-C63

Voting: Mar 8, 2023 - Mar 15, 2023

APR: Mar 15, 2023 - Mar 22, 2023

2.484m / 2.487m TVL = 99.88% = RP FXS 143 * RP = 142.83

(2.484 * 2.272) / 5.65m vTVL = 99.947% = %vTVL%

(8.95+8.21+8.03)/3 = 8.3967 * 143 = 1200.723
8.3967 * 142.83 = 1199.296

%yTVL% * 1200.723 = 1200.085

Cycle 2023-C62

Voting: Mar 1, 2023 - Mar 8, 2023

APR: Mar 8, 2023 - Mar 15, 2023

2.484m / 2.566m TVL = 96.8% = RP FXS 138 * RP = 133.59

(2.484 * 2.285) / 5.758m vTVL = 98.576% = %vTVL%

(11.96+8.95+8.21)/3 = 9.7067 * 138 = 1339.52
9.7067 * 133.59 = 1296.7136

%yTVL% * 1339.52 = 1320.444

Cycle 2023-C61

Voting: Feb 22, 2023 - Mar 1, 2023

APR: Mar 1, 2023 - Mar 8, 2023

2.484m / 2.56m TVL = 97.03% = RP FXS 131 * RP = 127.11

(2.484 * 2.298) / 5.784m vTVL = 98.686% = %vTVL%

(10.48+11.96+8.95)/3 = 10.463 * 131 = 1370.697
10.463 * 127.11 = 1329.994

%vTVL% * 1370.697 = 1352.687

Cycle 2023-C60

Voting: Feb 15, 2023 - Feb 22, 2023

APR: Feb 22, 2023 - Mar 1, 2023

2.484m / 2.557m TVL = 97.15% = RP FXS 131 * RP = 127.26

(2.484 * 2.311) / 5.814m vTVL = 98.74% = %vTVL%

(11.44+10.48+11.96)/3 = 11.2933 * 131 = 1479.43
11.2933 * 127.26 = 1437.19

%vTVL% * 1479.43 = 1460.853

Cycle 2023-C59

Voting: Feb 8, 2023 - Feb 15, 2023

APR: Feb 15, 2023 - Feb 22, 2023

2.484m / 2.549m TVL = 97.45% = RP FXS 197 * RP = 191.98

(2.484 * 2.324) / 5.84m vTVL = 98.887% = %vTVL%

(12.29+11.44+10.48)/3 = 11.4033 * 197 = 2246.457
11.4033 * 191.98 = 2189.212

%vTVL% * 2246.457 = 2221.4443

Cycle 2023-C58

Voting: Feb 1, 2023 - Feb 8, 2023

APR: Feb 8, 2023 - Feb 15, 2023

2.484m / 2.884m TVL = 83.13 = RP FXS 196 * RP = 168.82

(2.484 * 2.337) / 5.805m vTVL = 93.554% = %vTVL%

(10.81+12.29+11.44)/3 = 11.513 * 196 = 2256.613
11.513 * 168.82 = 1943.681

%vTVL% * 2256.613 = 2111.145

Cycle 2023-C57

Voting: Jan 25, 2023 - Feb 1, 2023

APR: Feb 1, 2023 - Feb 8, 2023

2.484m / 2.873m TVL = 86.46 = RP FXS 199 * RP = 172.06

(2.484 * 2.35) / 6.2264m vTVL = 93.752% = %vTVL%

(10.42+10.81+12.29)/3 = 11.173 * 199 = 2223.493
11.173 * 172.06 = 1922.484

%vTVL% * 2223.493 = 2084.58

Cycle 2023-C56

Voting: Jan 18, 2023 - Jan 25, 2023

APR: Jan 25, 2023 - Feb 1, 2023

2.484m / 2.871m TVL = 86.52% = RP FXS 199 * RP = 172.18

(2.484 * 2.363) / 6.258m vTVL = 93.7996% = %vTVL%

(8.67+10.42+10.81)/3 = 9.967 * 199 = 1983.367
9.967 * 172.18 = 1716.06

%vTVL% * 1983.367 = 1860.3909

Cycle 2023-C55

Voting: Jan 11, 2023 - Jan 18, 2023

APR: Jan 18, 2023 - Jan 25, 2023

2.484m / 2.888m TVL = 86.011% = RP FXS 197 * RP = 169.442

(2.484 * 2.376) / 6.306m vTVL = 93.593% = %vTVL%

(5.60+8.67+10.42)/3 = 8.23 * 197 = 1621.31
8.23 * 169.442 = 1394.5077

%vTVL% * 1621.31 = 1517.439

Cycle 2023-C54

Voting: Jan 4, 2023 - Jan 11, 2023

APR: Jan 11, 2023 - Jan 18, 2023

2.484m / 2.887m TVL = 86.04% = RP FXS 196 * RP = 168.64

(2.484 * 2.389) / 6.337m vTVL = 96.64% = %vTVL%

(5.03+5.60+8.67)/3 = 6.433 * 196 = 1260.933
6.433 * 168.64 = 1084.92

%vTVL% * 1260.933 = 1180.7478

Cycle 2023-C53

Voting: Dec 28, 2022 - Jan 4, 2023

APR: Jan 4, 2023 - Jan 11, 2023

2.484m / 2.877m TVL = 86.34% = RP FXS 202 * RP = 174.407

(2.484 * 2.402) / 6.36m vTVL = 93.82% =%vTVL%

(4.3+5.03+5.60)/3 = 4.97667 * 202 = 1005.287
4.97667 * 174.407 = 867.966

%vTVL% * 1005.287 = 943.164

Cycle 2022-C52

Voting: Dec 21, 2022 - Dec 28, 2022

APR: Dec 28, 2022 - Jan 4, 2023

2.484m / 3.051m TVL = 81.42% = RP FXS 140 * RP = 113.982

(2.484 * 2.415) / 6.57m vTVL = 91.364% = %vTVL%

(4.95+4.3+5.03)/3 = 4.76 * 140 = 666.4
4.76 * 113.982 = 542.554

%vTVL% * 666.4 = 608.853

Cycle 2022-C51

Voting: Dec 14, 2022 - Dec 21, 2022

APR: Dec 21, 2022 - Dec 28, 2022

2.484m / 3.105m TVL = 80% = RP FXS 131 * RP = 104.8

(.2484 * 2.428) / 6.652m vTVL = 90.665% = %vTVL

(5.45+4.95+4.3)/3 = 4.9 * 131 = 641.9
4.9 * 104.8 = 513.52

%vTVL% * 641.9 = 581.977

Cycle 2022-C50

Voting: Dec 7, 2022 - Dec 14, 2022

APR: Dec 14, 2022 - Dec 21, 2022

2.484m / 3.114m TVL = 79.77% = RP FXS 290 * RP = 231.33

(2.484 * 2.441) / 6.6934m vTVL = 90.588% = %vTVL%

(5.74+5.45+4.95)/3 = 5.38 * 290 = 1560.2
5.38 * 231.33 = 1244.5554

%vTVL% * 1560.2 = 1413.351

Cycle 2022-C49

Voting: Nov 30, 2022 - Dec 7, 2022

APR: Dec 7, 2022 - Dec 14, 2022

2.484m / 3.107m TVL = 79.95% = RP FXS 361 * RP = 288.614

(2.484 * 2.454) / 6.7187m vTVL = 90.727% = %vTVL%
(4.94+5.74+5.45)/3 = 5.37667 * 361 = 1940.977
5.37667 * 288.614 = 1551.781

%vTVL% * 1940.977 = 1760.998

Cycle 2022-C48

Voting: Nov 23, 2022 - Nov 30, 2022

APR: Nov 30, 2022 - Dec 7, 2022

2.484m / 3.503m TVL = 70.91% = RP FXS 553 * RP = 392.14

(2.484 * 2.467) / 7.147m vTVL = 85.742% = %vTVL%

(4.47+4.94+5.74)/3 = 5.05 * 533 = 2691.65
5.05 * 392.14 = 1980.307

%vTVL% * 2691.65 = 2307.8833

Cycle 2022-C47

Voting: Nov 16, 2022 - Nov 23, 2022

APR: Nov 23, 2022 - Nov 30, 2022

2.484m / 3.783m TVL = 65.66% = RP FXS 362 * RP = 237.7

(2.484 * 2.48) / 7.46m vTVL = 82.586% = %vTVL%

(4.6+4.47+4.94)/3 = 4.67 * 362 = 1690.54
4.67 * 237.7 = 1110.059

%vTVL% * 1690.54 = 1396.142

Cycle 2022-C46

Voting: Nov 9, 2022 - Nov 16, 2022

APR: Nov 16, 2022 - Nov 23, 2022

2.484m / 3.819m TVL = 65.04% = RP FXS 372 * RP = 241.96

(2.484 * 2.493) / 7.5276m vTVL = 82.265% = %vTVL%

(5.26+4.60+4.47)/3 = 4.7767 * 372 = 1776.92
4.7767 * 241.96 = 1155.7623

%vTVL% * 1776.92 = 1461.79

Cycle 2022-C45

Voting: Nov 2, 2022 - Nov 9, 2022

APR: Nov 9, 2022 - Nov 16, 2022

2.484m / 3.874m TVL = 64.12% = RP FXS 230 * RP = 147.48

(2.484 * 2.506) / 7.615m vTVL = 81.746% = %vTVL%

(6.35+5.26+4.60)/3 = 5.403 * 230 = 1242.7667

5.403 * 147.48 = 796.884

%vTVL% * 1242.7667 = 1015.92

Cycle 2022-C44

Voting: Oct 26, 2022 - Nov 2, 2022

APR: Nov 2, 2022 - Nov 9, 2022

2.484m / 3.863m TVL = 64.3% = RP FXS 258 * RP = 165.9

(2.484 * 2.519) / 7.636m vTVL = 81.941% = %vTVL%

(6.11+6.35+5.26)/3 = 5.90667 * 258 = 1523.92

5.90667 * 165.9 = 979.916

%vTVL% * 1523.92 = 1248.72

Cycle 2022-C43

Voting: Oct 19, 2022 - Oct 26, 2022

APR: Oct 26, 2022 - Nov 2, 2022

2.484m / 3.874m TVL = 64.12% = RP FXS 285 * RP = 182.74

(2.484 * 2.532) / 7.68m vTVL = 81.9% = %vTVL%

(6.11+6.11+6.35)/3 = 6.19 * 285 =1,764.15
6.19 * 182.74 = 1,131.16

%vTVL% * 1764.15 = 1444.836

Cycle 2022-C42

Voting: Oct 12, 2022 - Oct 19, 2022

APR: Oct 19, 2022 - Oct 26, 2022

2.484m / 3.859m TVL = 64.37% = RP FXS 282 * RP = 181.52

(2.484 * 2.545) / 7.7 m vTVL = 82.135% = %vTVL%

(4.81+6.11+6.11)/3 = 5.6767 * 282 = 1,617.85
5.6767 * 181.52 = 1,030.43

%vTVL% * 1617.85 = 1328.83

Cycle 2022-C41

Voting: Oct 5, 2022 - Oct 12, 2022

APR: Oct 12, 2022 - Oct 19, 2022

2.484m / 3.823m TVL = 64.98% = RP FXS 397 * RP = 257.95

(2.484 * 2.558) / 7.693m vTVL = 82.595% = %vTVL%

(4.73+4.81+6.11)/3 = 5.21667 * 397 = 2,071.017
5.21667 * 257.95 = 1,345.64

%vTVL% * 2071.017 = 1710.551

Cycle 2022-C40

Voting: Sep 28, 2022 - Oct 5, 2022

APR: Oct 5, 2022 - Oct 12, 2022

2.484m / 4.146m TVL = 59.913% = RP FXS 390 * RP = 233.66

(2.484 * 2.571) / 8.048m vTVL = 79.35% = %vTVL%

(4.11+4.73+4.81)/3 = 4.55 * 390 = 1,774.5
4.55 * 233.66 = 1,063.153

%vTVL% * 1774.5 = 1408.063

Cycle 2022-C39

Voting: Sep 21, 2022 - Sep 28, 2022

APR: Sep 28, 2022 - Oct 5, 2022

2.484m / 4.121m TVL = 60.277% = RP FXS 387 * RP = 233.27

(2.484 * 2.584) / 8.056m v TVL = 79.679% = %vTVL%

(4.45+4.11+4.73)/3 = 4.43 * 387 = 1,714.41
4.43 * 233.27 = 1,033.39

%vTVL% * 1714.41 = 1366.226

Cycle 2022-C38

Voting: Sep 14, 2022 - Sep 21, 2022

APR: Sep 21, 2022 - Sep 28, 2022

2.484m / 4.192m TVL = 59.256% = RP FXS 385 * RP = 228.135

(2.484 * 2.597) / 8.159m vTVL = 79.066% = %vTVL%

(5.57+4.45+4.11)/3 = 4.71 * 385 = 1,860.45
4.71 * 228.135 = 1,074.53

%vTVL% * 1860.45 = 1470.982

Cycle 2022-C37

Voting: Sep 7, 2022 - Sep 14, 2022

APR: Sep 14, 2022 - Sep 21, 2022

2.484m / 4.639m TVL = 53.546% = RP FXS 294 * RP = 157.43

(2.484 * 2.61) / 8.638m vTVL = 75.053% = %vTVL%

(6.21+5.57+4.45)/3 = 5.41 * 294 = 1,590.54
5.41 * 157.43 = 851.7

%vTVL% * 1590.54 = 1193.745

Cycle 2022-C36

Voting: Aug 31, 2022 - Sep 7, 2022

APR: Sep 7, 2022 - Sep 14, 2022

2.484m / 4.62m TVL = 53.766% = RP FXS 323 * RP = 173.67

(2.484 * 2.623) / 8.652m vTVL = 75.31% = %vTVL%

(5.75+6.21+5.57)/3 = 5.843 * 323 = 1,887.397
5.843 * 173.67 = 1,014.812

%vTVL% * 1887.397 = 1421.412

Cycle 2022-C35

Voting: Aug 24, 2022 - Aug 31, 2022

APR: Aug 31, 2022 - Sep 7, 2022

2.484m / 5.082m TVL = 48.88% =RP FXS 469 * RP = 229.24

(2.484 * 2.636) / 9.146m vTVL = 71.594% = %vTVL%

(6.28+5.75+6.21)/3 = 6.08 * 469 = 2,851.52
6.08 * 229.24 = 1,393.779

%vTVL% * 2851.52 = 2041.5056

Cycle 2022-C34

Voting: Aug 17, 2022 - Aug 24, 2022

APR: Aug 24, 2022 - Aug 31, 2022

2.484m / 6.694m TVL = 37.108% = RP FXS 478 * RP = 177.38

(2.484 * 2.649) / 10.79m vTVL = 60.983% = %vTVL%

(5.88+6.28+5.75)/3 = 5.97 * 478 = 2,853.66
5.97 * 177.38 = 1,058.959

%vTVL% * 2853.66 = 1740.242

Cycle 2022-C33

Voting: Aug 10, 2022 - Aug 17, 2022

APR: Aug 17, 2022 - Aug 24, 2022

2.484m / 6.671m TVL = 37.24% = RP FXS 494 * RP = 183.945

(2.484 * 2.662) / 10.7994m TVL = 61.2294% = %vTVL%

(7.01+5.88+6.28)/3 = 6.39 * 494 = 3,156.66

6.39 * 183.945 = 1,175.409

%vTVL% * 3156.66 = 1932.803

Cycle 2022-C32

Voting: Aug 3, 2022 - Aug 10, 2022

APR: Aug 10, 2022 - Aug 17, 2022

2.484m / 6.849m TVL = 36.27% = RP FXS 491 * RP = 178.076

(2.484 * 2.675) / 9.524m TVL = 54.168% = %vTVL%

(7.34+7.01+5.88)/3 = 6.743 * 491 = 3,310.977
6.743 * 178.076 = 1,200.826

%vTVL% * 3310.977 = 1793.504

Cycle 2022-C31

Voting: Jul 27, 2022 - Aug 3, 2022

APR: Aug 3, 2022 - Aug 10, 2022

2.484m / 6.783 TVL = 36.62% = RP FXS 404 * RP = 147.95

(2.484 * 2.688) / 10.976m vTVL = 60.8327% = %vTVL%

(6.28+7.34+7.01)/3 = 6.8767 * 404 = 2,778.173
6.8767 * 147.95 = 1,017.403

2%vTVL% * 2778.173 = 1690.038

Cycle 2022-C30

Voting: Jul 20, 2022 - Jul 27, 2022

APR: Jul 27, 2022 - Aug 3, 2022

2.484m / 6.725m TVL = 36.94% = RP FXS 388 * RP = 143.315

(2.484 * 2.701) / 10.95m vTVL = 61.27% = %vTVL%

(6.63+6.28+7.34)/3 = 6.75 * 388 = 2,619
6.75 * 143.315 = 967.3763

%vTVL% * 2619 = 1604.672

Cycle 2022-C29

Voting: Jul 13, 2022 - Jul 20, 2022

APR: Jul 20, 2022 - Jul 27, 2022

2.484m / 6.765m TVL = 36.718%=RP FXS 313 * RP = 114.93

(2.484 *2.714) / 11.023 vTVL = 61.1615% = %vTVL%

(4.84+6.63+6.28)/3 = \$5.9167 * 313 = \$1,851.92
\$5.9167 * 114.93 = \$680

%vTVL% * 1851.92 = 1132.663

Cycle 2022-C28

Voting: Jul 6, 2022 - Jul 13, 2022

APR: Jul 13, 2022 - Jul 20, 2022

2.484m / 7.077m TVL = 35.1% = RP FXS 311 * RP = 109.16

(2.484 * 2.727) / 11.366868m vTVL = 59.593% = %vTVL%

(5.32+4.84+6.63)/3 = \$5.5967 * 311 = \$1,740.563
\$5.5967 * 109.16 = \$610.932

%vTVL% * 1740.563 = 1037.2553

Cycle 2022-C27

Voting: Jun 29, 2022 - Jul 6, 2022

APR: Jul 6, 2022 - Jul 13, 2022

2.484m / 7.646m TVL = 32.488% = RP FXS 637 * RP = 206.95

(2.484 * 2.74) / 11.96816m TVL = 56.86889% = %vTVL%

(4.7+5.32+4.84)/3 = \$4.9533 * 637 = \$3,155.273
\$4.9533 * 206.95 = \$1,025.092(RP)

%vTVL% * 3155.273 = 1794.37

Cycle 2022-C26

Voting: Jun 22, 2022 - Jun 29, 2022

APR: Jun 29, 2022 - Jul 6, 2022

2.484m / 7.6707m TVL = 32.383%=RP FXS 813 * RP = 263.273

(2.484 * 2.753) / 12.025m TVL = 56.868% = %vTVL%

(5.13+4.7+5.32)/3 = \$5.05 * 813 = \$4,105.65
\$5.05 * 263.273 = \$1,329.529(RP)

%vTVL% * 4105.65 = 2334.797

Cycle 2022-C25

Voting: Jun 15, 2022 - Jun 22, 2022

APR: Jun 22, 2022 - Jun 29, 2022

2.484m / 11.844m TVL = 20.973%=RP FXS 860 * RP = 180.365

(2.484 * 2.753) / 16.198m TVL = 42.2167% = %vTVL%

(4.54+5.13+4.7)/3 = \$4.79 * 860 = \$4,128.98

\$4.79 * 180.365 = \$863.94835(RP)

%vTVL% * 4128.95 = 1743.1065

Cycle 2022-C24

Voting: Jun 8, 2022 - Jun 15, 2022

APR: Jun 15, 2022 - Jun 22, 2022

2.484m / 12.002m TVL = 20.697%=RP FXS 720 * RP = 149.02

(2.484 * 2.766) * 16.3887m vTVL = 41.9236% = %vTVL%

(5.72+4.54+5.13)/3 = 5.13 * 720 = \$3,693.6
\$5.13 * 149.02 = \$764.4726(RP)
%vTVL% * 3693.6 = 1548.49

Cycle 2022-C23

Voting: Jun 1, 2022 - Jun 8, 2022

APR: Jun 8, 2022 - Jun 15, 2022

2.484m / 11.842m TVL = 20.9762=RP FXS 685 * RP = 143.69

(2.484 * 2.779) / 25.395236m TVL = 27.1824% = %vTVL%

(6.64+5.72+4.54)/3 = \$5.63 * 685 = \$3,858.833
\$5.63 * 143.69 = \$809.454(RP)

%vTVL% * 3858.833 = 1048.92

Cycle 2022-C22

Voting: May 25, 2022 - Jun 1, 2022

APR: Jun 1, 2022 - Jun 8, 2022

2.484m / 15.359m TVL= 16.173%=RP FXS 679 * RP =109.814

(2.484 * 2.779) / 19.778m TVL = 34.9025% = %vTVL%

(7.33+6.64+5.72)/3 = \$6.5633 * 679 = \$4,456.5033

\$6.5633 * 109.814 = \$720.7459(RP)

%vTVL * 4456.5033 = 1555.433

Cycle 2022-C21

Voting: May 18, 2022 - May 25, 2022

APR: May 25, 2022 - Jun 1, 2022

2.484m / 15.281m TVL = 16.255%=RP FXS 526 * RP = 85.504

(2.484 * 2.792) / 19.732m vTVL = 35.147% = %vTVL%

(7.04+7.33+6.64)/3 = 7.0033 * 526 = \$3,683.7533
\$7.0033 * 85.504 = \$598.813(RP)

%vTVL% * 3683.7533 = 1294.73

Cycle 2022-C20

Voting: May 11, 2022 - May 18, 2022

APR: May 18, 2022 - May 25, 2022

2.484m / 21.239m TVL = 11.6955%=RP FXS 527 * RP = 61.635

(2.484 * 2.805) / 25.72262 vTVL = 27.088% = %vTVL%

(11.76+7.04+7.33)/3 = \$8.71 * 527 = \$4590.17
8.71 * 61.635 = \$536.84(RP)

%vTVL% * 4590.17 = 1243.363

Cycle 2022-C19

Voting: May 4, 2022 - May 11, 2022

APR: May 11, 2022 - May 18, 2022

2.484m / 20.576m TVL = 10.072%=RP FXS 850 * RP = 102.615

(2.484 * 2.818) / 25.092m vTVL = 27.897% = %vTVL%

(29.07+11.76+7.04)/3 = 15.95667 * 850 = \$13,563.1667
15.95667 * 102.615 = \$1,637.3934(RP)

%vTVL% * 13563.1667 = 3783.728
Cycle 2022-C18

Voting: Apr 27, 2022 - May 4, 2022

APR: May 4, 2022 - May 11, 2022

2.484m / 20.185m TVL=12.306%=RP FXS 877 * RP = 107.925

(2.484 * 2.831) / 24.7332m vTVL = 28.432% = %vTVL%

(27.54+29.07+11.76)/3 = 22.79 * 877 = \$19,986.83
22.79 * 107.925 = \$2,459.61075(RP)

%vTVL% * 19986.83 = 5682.704

Cycle 2022-C17

Voting: Apr 20, 2022 - Apr 27, 2022

APR: Apr 27, 2022 - May 4, 2022

2.484m / 19.337m TVL=12.845%=RP FXS 748 * RP = 96.086

(2.484 * 2.844) / 23.9175 vTVL = 29.537% = %vTVL%

(36.13+27.54+29.07)/3 = \$30.9133 * 748 = \$23,123.173

\$30.9133 * 96.086 = \$2,970.339(RP)

%vTVL% * 23123.173 = 6829.877

Cycle 2022-C16

Voting: Apr 13, 2022 - Apr 20, 2022

APR: Apr 20, 2022 - Apr 27, 2022

2.484m / 20.402m TVL=12.175%=RP FXS 1328 * RP = 161.6877

(2.484 * 2.857) / 25.014788 vTVL = 28.37% = %vTVL%

(33.28+36.13+27.54)/3 = \$32.31667 * 1328 = \$42,916.533
\$32.31667 * 161.6877 = \$5,225.207(RP)

%vTVL% * 42916.533 = 12175.58

Cycle 2022-C15

Voting: Apr 6, 2022 - Apr 13, 2022

APR: Apr 13, 2022 - Apr 20, 2022

2.484m / 19.066m TVL=13.028%=RP FXS 1495 * RP = 197.775

(2.484*2.87) / 23.711m vTVL = 30.2664% = %vTVL%

(30.71+33.28+36.13)/3 = \$33.373 * 1495 = \$49,893.133
\$33.373 * 197.775 = \$6,600.411(RP)

%vTVL% * \$49893.133 = \$15001.093

Cycle 2022-C14

Voting: Mar 30, 2022 - Apr 6, 2022

APR: Apr 6, 2022 - Apr 13, 2022

2.484m / 18.73mTVL=13.262%= FXS 861 * RP = 114.187

(2.484 * 2.883) / 23.407372m vTVL = 30.5945% = %vTVL%

(22.79+30.71+33.28)/3 = 28.92667 * 861 = \$24,905.86
28.92667 * 114.187 = \$3,303.049(RP)

30.5945% * 24905.86 = 7619.827

Cycle 2022-C13

Voting: Mar 23, 2022 - Mar 30, 2022

APR: Mar 30, 2022 - Apr 6, 2022

2.484m / 18.297m TVL= 13.576%=RP FXS 1033 * RP = 140.24

(2.484 * 2.896) / 23.00666 vTVL = 31.2677%vTVL%

(17.83+22.79+30.71)/3 = 23.777 * 1033 = \$24,561.297

23.777 * 140.24 = \$3,334.4397(RP)

2.896 * 3,334.4397 = 9656.537

Cycle 2022-C12

Voting: Mar 16, 2022 - Mar 23, 2022

APR: Mar 23, 2022 - Mar 30, 2022

2.484m / 19.923m TVL= 12.468%= RP FXS 1419 * RP = 176.92

(2.484*2.909) / 23.981m = 30.132 % = %vTVL%

(17.87+17.83+22.79)/3 = \$19.497 * 1419 = \$27,665.77
19.497 * 176.92 = \$3,449.35 (RP)

%vTVL% * 27665.77 = 8336.27

Cycle 2022-C11

Voting: Mar 9, 2022 - Mar 16, 2022

APR: Mar 16, 2022 - Mar 23, 2022

2.484m / 19.239m TVL = 12.911%=RP FXS 1437 * RP = 185.535

(2.484 * 2.922) / 24.013m vTVL = 30.226% = %vTVL%

(17.92+17.87+17.83)/3 = \$17.873 * 1437 = \$25,683.98
18.873 * 185.535 = \$3,316.129(RP)

%vTVL% * 25683.98 = 7763.244
Cycle 2022-C10

Voting: Mar 2, 2022 - Mar 9, 2022

APR: Mar 9, 2022 - Mar 16, 2022

2.484m / 18.103m TVL=13.721%=RP FXS 1518 * RP = 208.292

(2.484 * 2.935) / 22.90954M = 31.823% = VM

(26.51+17.92+17.87)/3 = \$20.767 * 1518 = \$31,523.8
20.767 * 208.292 = \$4,325.53(RP)

%vTVL% * 31523.8 = 10031.87

Cycle 2022-C09

Voting: Feb 23, 2022 - Mar 2, 2022

APR: Mar 2, 2022 - Mar 9, 2022

2.484m / 18.585TVL=13.3656%=RP FXS 1573 * RP = 210.2411

(2.484 * 2.948) / 23.424m = 31.26% = %vTVL%

(18.09+23.51+17.92)/3 = 19.84 * 1573 = \$31,208.32
19.84 * 210.2411 = \$4,171.183(RP)

%vTVL% * 31208.32 = 9756.443

Cycle 2022-C08

Voting: Feb 16, 2022 - Feb 23, 2022

APR: Feb 23, 2022 - Mar 2, 2022

2.484m / 18.157m TVL= 13.68%=RP FXS 1750 * RP = 239.411

(2.484 * 2.961) / 23.028m = 31.9397% = %vTVL%

(26.73+18.09+23.51)/3 = 22.7767 * 1750 = \$39,859.167
22.7767 * 239.411 = \$5,452.9845(RP)

%vTVL% * 39,859.167 = 12730.92

Cycle 2022-C07

Voting: Feb 9, 2022 - Feb 16, 2022

APR: Feb 16, 2022 - Feb 23, 2022

2.484m / 18.843m TVL = 13.1826%=RP FXS 2460 * RP= 324.2923

(2.484 * 2.974) / 23.746 m = 31.11% = %vTVL%

(21.6+26.73+18.09)/3 = 22.14 * 2460 = \$54,464.4
22.14 * 324.2923 = \$7,179.8315(RP)

%vTVL% * 54464.4 = 16943.66

Cycle 2022-C06

Voting: Feb 2, 2022 - Feb 9, 2022

APR: Feb 9, 2022 - Feb 16, 2022

2.484m / 20.069m TVL = 12.377%=RP FXS 973 * RP = 120.431

(2.484 * 2.987) / 25m = 29.67% = %vTVL%

(20.56+21.6+26.73)/3 = 22.963 * 973 = \$22,343
22.963 * 120.431 = \$2,765.497(RP)

%vTVL% * 22343 = 6629.17

Cycle 2022-C05

Voting: Jan 26, 2022 - Feb 2, 2022

APR: Feb 2, 2022 - Feb 9, 2022

2.484m / 25.41m TVL = 9.7373% FXS 1,657 * % = 161.348

(2.484 * 3) / 30.378 = 24.53% = %vTVL%

(18.82+20.56+21.6)/3 = 20.32666 * 1657 = \$33,681.2866
20.32666 * 161.358 = \$3,279.8692(RP) %vTVL% * 33,681.2866 = 8262.33

4 Likes

Nice proposal, pretty impressive work tbh…

2 Likes

Much appreciated sir. It was certainly time consuming.

1 Like

This proposal is up for voting here: Snapshot

1 Like

Can you please include a LINK TO CALCULATIONS in the snapshot proposal

1 Like