ARC-48 Improving flexibility #2

follows PR algorandfoundation#234

ARCs/arc-0048.md

@@ -71,7 +71,7 @@ Projects will receive 11250 ALGO for each 500K ALGO TVL as defined above, rounde
 
 Rewards per project are capped at 25% of the total rewards distributed under this program for that period.  In the event of partial distribution of the allocated 7.5MM, the remaining funds will be distributed as regular DeFi governance rewards. For Governance Period 8, the AMM TVL count has doubled, when compared to lending/borrow and bridge projects, in recognition of their strategic role in providing liquidity for the ecosystem. This modification was approved by the DeFi Committee.
 
-Rewards under this program will be distributed to projects within 4 weeks of the scheduled start date of the new governance period and the project(s) must distribute the totality of the amount received as incentives to their users, with at least 95% of rewards distributed by the end of the period and the remainder distributed in the following period. The methodology for payment must be made public and approved by the Algorand DeFi advisory committee prior to distribution.
+Rewards under this program will be distributed to projects within 4 weeks of the scheduled start date of the new governance period and the project(s). The usage of these rewards will be made public, and they will be entirely dedicated to protocol provision, user rewards, and user engagement. The use of rewards and methodology for payment must be made public and approved by the Algorand DeFi advisory committee prior to distribution.
 
 
 ## Rationale