[Round 1] USDaf Revenue Allocations

The outcome of this vote will determine Round 2 (final vote), which will be a FOR/AGAINST/ABSTAIN the winning option of Round 1.

This vote will last 5 days, ending on Friday to align with the afCVX vote, at which both round 2 (final) votes will commence

Option 1: Direct Revenue Distribution to veASF Holders The fees earned on USDaf would be distributed to veASF holders as USDaf, shown as boosted APRs, linearly correlated to lock-length period, that users can claim from an Asymmetry dashboard.

Note that if this option is selected, the team will prioritize the contract + frontend flow for having a “claim” button, but there is a small amount of dev time required to test and get it right.

Option 2: Protocol-Owned Liquidity (POL) Acquisition Revenue would fund Asymmetry's ‘War Chest’ purchases of protocol owned liquidity, such as vePENDLE, vlCVX, or veCRV—All of these are cashflowing assets and serve strategic purposes, ultimately lowering ASF emissions long term.

Option 3: ASF Buyback and Burn Revenue could also buy back and burn ASF.

Option 4: No Change – Continue reinvesting in USDaf Incentives Continue directing all revenue toward liquidity incentives for USDaf.

Option 5: Hybrid Model (1 and 4) A balanced approach could allocate a portion of revenue to USDaf incentives while distributing the remainder to veASF holders, combining growth with direct rewards.

If this option is chosen, a second vote will take place to determine the ratio between revenue distribution and USDaf incentives.

Note that whichever path is chosen may require development time to implement, but it will be prioritized.