K9 Product Fees and Reward Distribution Structure

Proposed actions:

The K9 Finance DAO proposes the following reward distribution structure for the “Bonecrusher” liquid staking product for a 90 day period with variable adjustments at the discretion of the management council. Before the 90 day period is over, a new proposal will be made that details how these variables will be managed in the future.

Roundtable recommended to management council to increase the esKNINE per second rate in the first 2 week period at their discretion for aggressive user acquisition.

Validator Rewards Distribution: Bone Delegators: 0% K9 DAO Treasury: 5% Liquid Staking Instant Reward Pool (LSIRP): 0% KNINE Stakers: 95% Zapping Fees: 0.5% knBONE Redemptions: 0% Instant Pool Fee: 10% Lock Multiplier: 13x Vesting Ratio: 1:1 Vesting Period: 365 days Backing Ratio: 2 esKNINE/second: 420.69