FIP 28 veFXS rewards change

Right now the AMO’s make profit and use 25% of the profit to buy FXS on the open market to reward veFXS holders.

I feel we should change it so it uses 25% to buy FXS from the treasury (at current market price) rather then the open market.

This would result in the treasury holding more (non-FXS) funds to use in its profit making operations and it would help these funds compound and make bigger profits over time.

The down side would be slightly less buying on the open market.

The up side would be more funds for the protocol to use in its profit making operations.

The end result will be the FXS that the treasury holds will slowly move over to investors that are locked in veFXS staking while the treasury will gain more stable coins to use in profit making operations.

If the profits from AMO reach a level where they have depleted the FXS supply in the treasury then we return to buying on the open market.

FOR = Start buying from the treasury

AGAINST = Do nothing