Current Freestyle Distribution Weights:

• 30% to trader incentives
• 30% to native liquidity incentives (e.g. wBLT-BMX and wMLT-BMX incentives)
• 20% to BMX Classic’s liquidity token (e.g. BLT/MLT)
• 10% to BMX single-staking
• 5% to Treasury for the sole purpose of acquiring $SYMM
• 5% to acquiring BMX on-market and burning it

Proposed Freestyle Distribution Weights:

• 40% to native liquidity incentives (e.g. wBLT-BMX and wMLT-BMX incentives)
• 30% to BMX Classic’s liquidity token (e.g. BLT/MLT)
• 20% to BMX single-staking
• 10% to acquiring BMX on-market and burning it

Summary:

More revenue will be redirected to ecosystem token holders by removing trader incentives allocation. The recently passed GET LOUD incentive proposal will support Freestyle incentives for the next 16 weeks from October 28th. While trading incentives remain permissionless and open to anyone, with the Treasury already contributing around $1k weekly plus 30% revenue direction to incentives, redesigning the Freestyle revenue distribution to better support ecosystem token holders is deemed more efficient.

Additionally, the 5% allocation to acquire SYMMIO will be removed, supporting the claim that 100% of revenue is distributed (as one could argue that Freestyle's 5% doesn't qualify, despite SYMM potentially benefiting from increased Freestyle revenue). Instead, the Treasury will acquire SYMMIO using yield earned on assets as it sees fit.