The intention of this proposal:

Adjust product revenue distributions to continue the slow transition of shifting greater protocol revenue to BMX single-staking and BLT directly (to benefit all wBLT holders across all use cases, whether holding wBLT, wBLT in pool2 pairs, or wBLT as collateral), as spot volumes and fees have scaled to support pool2 liquidity.

CURRENTLY:

Classic:

• 60% to BMX Classic’s liquidity token holders (e.g. BLT/MLT)
• 25% to liquidity incentives (e.g. bribes) for wBLT-USDC and wMLT-USDC
• 15% to BMX single-staking (Base/Mode)

Freestyle:

• 35% to liquidity incentives (e.g. bribes) for wBLT-USDC and wMLT-USDC
• 30% to BMX Classic’s liquidity token (e.g. BLT/MLT)
• 25% to BMX single-staking (Base/Mode)
• 10% to acquiring BMX on-market and burning it

Based MediaX (not live on Mode currently):

• 55% to BMX single-staking (Base)
• 20% to liquidity incentives (e.g. bribes) for wBLT-USDC
• 20% to BMX Classic's liquidity token holder (BLT)
• 5% to acquiring BMX on-market and burning it

IF PASSED:

Classic:

• 65% to BMX Classic’s liquidity token holders (e.g. BLT/MLT) increased by 5%
• 15% to liquidity incentives (e.g. bribes) for wBLT-USDC and wMLT-USDC decreased by 10%
• 20% to BMX single-staking (Base/Mode) increased by 5%

Freestyle:

• 25% to liquidity incentives (e.g. bribes) for wBLT-USDC and wMLT-USDC decreased by 10%
• 35% to BMX Classic’s liquidity token (e.g. BLT/MLT) increased by 5%
• 30% to BMX single-staking (Base/Mode) increased by 5%
• 10% to acquiring BMX on-market and burning it

Based MediaX (not live on Mode currently):

• 60% to BMX single-staking (Base) increased by 5%
• 10% to liquidity incentives (e.g. bribes) for wBLT-USDC decreased by 10%
• 25% to BMX Classic's liquidity token holder (BLT) increased by 5%
• 5% to acquiring BMX on-market and burning it