it’s probably also worth noting that stopping rKP3R rewards to vKP3R has likely had an impact in decreased revenues from OLM for the protocol since this is impacted by two factors;
a) the price of KP3R which will heavily impact the revenue received from rKP3R redemptions since lower price will mean lower revenues & higher price will mean increase in revenues assuming the same volume of redemptions
b) volume of redemptions which is directly impacted by a reduction in the amount of outstanding or new rKP3R issued. rKP3R issuance is likely down since a total of 2k per week was being directed to rKP3R with 1k to Fixed Forex gauges & 1k to vKP3R
An additional (third) impact factor would be that simple liquidity farmers unaware of the mechanics of KP3R’s OLM are likely lacking the awareness to execute redemptions. This is not a concern for rKP3R held by vKP3R holders