INV Token Mint

The INV+ proposal that passed in early February represented a shift in tokenomics, away from a max supply of 100,000 INV tokens to a new model that allows for rapid growth of the protocol while keeping stakers protected from any dilution.

In accordance with the goals initially set out in the INV+ proposal, the time has come to mint new INV tokens in order to ensure the continued operations and success of Inverse Finance.

The current Inverse Finance Treasury is due to reach the current max supply of INV tokens between 28th March and 1st April, so it is imperative that new INV tokens are minted prior to this.

As laid out in the INV+ proposal, the plan is to do a mint proposal approximately every 90 -days. The Policy Committee is recommending that 40,000 INV tokens be minted, to cover the next 90-days of estimated INV staking rewards, Anchor rewards, and our Olympus Pro bonding program.

This proposal however is NOT a guarantee of future INV emission rates, the Policy Committee retains the responsibility to adjust emission rates as they see fit in the best interest of the Inverse Finance DAO. This means that the next INV mint proposal may be required sooner than 90-days from now, or later if the INV emissions are less than predicted. Keep an eye on the #general-policy channel on Discord to stay up to date

On-chain actions:

• Mint 40,000 INV into the Inverse Finance Treasury.
• Set allowance of 25,000 INV to the xINV staking contract.
• Set allowance of 10,000 INV to the Anchor Unitroller.