# 2. JonesDAO and Metavaults

###### Here’s a summary of the article:
• Given the changing nature of DeFi, PlutusDAO has experienced explosive growth with new assets and partners on its way, they have decided to update their tokenomics in two phases
• Phase 1: Emission rebalancing. PlutusDAO will be rebalancing emissions between plsAsset pools and plsAssets to more acceptable and healthy levels with a total liquidity mining reward reduction of 28.75%
• Phase 2: vlPLS. Replacing all forms of \$PLS locking, vote-locked PLS will allow lockers to be one step closer to receiving yield through bribes.