CMP-2023/2 - Cycle 2 Community Wallet

The community wallet is and has been a crucial aspect of driving adoption for the protocol. It serves multiple purposes, including feature/community rewards, contests, iTax refunds, partnerships (like farms/pools), as well as team upkeep, and is integral to achieving the project's long-term vision of becoming a decentralized and sustainable hub for wealth aggregation.

With the end of Cycle 1 approaching, we are laying the foundation for the next, which marks the true beginning of the project's future. Originally, the whitepaper did not envision a community wallet for cycle 2, and initially also paused trading for 35 days during the vault claiming phase. However, as the rebase mechanism improved (rebase on claim), we believe there is still a need for a community wallet to further develop and advance the project.

Our proposed solution for the community wallet is to claim its rebase (no vault share) at cycle end, which would leave the project with enough community funds to meet its Cycle 2 goals.

Now the question is: Should there be a community wallet in Cycle 2?