Summary
This proposal extends the current USDC and USDT market rewards by an additional month.
Proposal
This proposal aims to extend the Fluid launch rewards for the USDC and USDT lending markets. The Fluid Launch rewards included 500k in stablecoins as well as 500k in INST rewards distributed to the USDC and USDT lending markets to enhance protocol liquidity. This proposal would extend the program by one additional month.
Proposed Rewards Extension
To extend the current rewards program, and match the current rates, the following rewards will be distributed between May 22nd to June 21st:
Additional Rewards
| Rewarded Pool | Reward | Reward Duration |
|---|---|---|
| fUSDC | 165k USDC + 80k INST | 30 days |
| fUSDT | 165k USDT + 80k INST | 30 days |
Reason
The following proposal will maintain the on-going rewards program which will help maintain expectations and competitiveness in the Fluid stablecoin markets.
Result
This proposal extends the Fluid Launch rewards program for USDC and USDT lending markets with the same rate of distribution for one additional month.
Proposal on Atlas
Status: Passed 
IGP#23 - Extend the Fluid Launch Rewards for USDC and USDT Lending Markets