• © Goverland Inc. 2026
  • v1.0.8
  • Privacy Policy
  • Terms of Use
EDE (El Dorado Exchange)EDE (El Dorado Exchange)by0x9a94DD41a22Fdc85DA59b10B9dA9f234931EB7Ae0x9a94…B7Ae

ELP fee distribution model proposal

Voting ended almost 3 years agoSucceeded

This proposal deals with potentially changing the way we distribute $ELP related $EUSD fees. Currently, $ELP distributes out fees generated via $EUSD to $ELP holders / stakers. This proposal looks at potentially changing this model to one of fee reinvestment, whereby the 45% fees are reinvested back into the $ELP, increase the value of the AUM without minting an additional $ELP, thereby increasing the value of $ELP.

Option 1. Change to fee reinvestment strategy, where by $ELP fees are reinvested back into the $ELP pool, increasing the AUM value of $ELP.

Option 2. Change to fee reinvestment strategy, keeping 20% of $ELP revenue given out as $EUSD, with other 25% of it being reinvested into $ELP.

Option 3. Further discussion needed

Option 4. Reject proposal entirely.

Note, there is no change to what % of revenue is distributed to $ELP, no matter what model we use, $ELP will still accrue 45% of fees generated by the protocol.

Off-Chain Vote

Option 1
415.73K gEDE86.7%
Option 2
7.46K gEDE1.6%
Option 3
56.07K gEDE11.7%
Option 4
0 gEDE0%
Download mobile app to vote

Timeline

May 20, 2023Proposal created
May 20, 2023Proposal vote started
May 21, 2023Proposal vote ended
Oct 26, 2023Proposal updated