0x2723723f…0411sent to0xbeccb6bb…9bf6·#21,291,752·view on Etherscan
# Transition Liquidator Grant Program Rewards from DBR to DOLA
Forum Post: https://forum.inverse.finance/t/transition-liquidator-grant-program-rewards-from-dbr-to-dola/510
### Summary
This proposal aims to adjust the reward structure of the Liquidator Grant Program by setting the DBR allowance to zero and issuing a new DOLA allowance. All rewards under the program will now be denominated and distributed in DOLA in place of DBR.
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### Motivation
* **Stability of Rewards**: DOLA offers a stable value, ensuring liquidators receive rewards with consistent purchasing power, unlike DBR, which may fluctuate in value.
* **Alignment with Treasury Management**: Denominating rewards in DOLA aligns with broader treasury practices and simplifies accounting.
* **Liquidity Considerations**: Transitioning to DOLA increases liquidity and usability for liquidators, making the program more appealing.
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### Specification
1. **DBR Allowance Update:**
* Reduce the current DBR allowance for the Liquidator Grant Program to zero.
2. **DOLA Allowance Creation:**
* Issue a new DOLA allowance of $5,000 to fund the program, equivalent to the previous DBR allocation.
3. **Reward Distribution:**
* Adjust the reward tiers:
* Standard Liquidations: Up to $250 in DOLA.
* Exotic Collaterals: Up to $500 in DOLA.
4. **Program Operation:**
* No changes to the program’s operational structure or reward eligibility criteria.
### On-Chain Actions
* Set Risk Working Group’s DBR Allowance to “0”
* Set Risk Working Group’s DOLA Allowance to “5000”