Summary
This proposal signals that KITE rewards should be disabled for:
This proposal does not execute any onchain actions. A vote FOR means governance agrees these reward allocations should be removed from future reward distributor configurations.
Motivation
HAI governance has already voted to remove ALETH-related collateral from the system because the relevant Optimism price feeds are being removed and there is no replacement oracle available.
Continuing to allocate KITE incentives to ALETH or ALETH-WETH LP after the collateral types are being deprecated is no longer aligned with protocol objectives. Rewards should support active, safe, and strategically useful collateral markets, not assets that governance has already chosen to wind down.
Proposal
Disable all ongoing and future KITE rewards for:
This should apply to reward distributor refills, incentive schedules, and any future dynamic incentive configuration.
No smart contract calls are included in this proposal.
Voting
- FOR: Agree that KITE rewards to
alETH and alETH-WETH LP should be disabled.
- AGAINST: Keep these reward allocations eligible for future emissions.
- ABSTAIN: No preference.
References