The following proposal seeks to update the fee distribution structure across Kinetix (Perps V1, Perps V2, DEX V2, and DEX V3). The proposed changes aim to enhance the sustainability of Kinetix's ecosystem, improve token utility, and provide a balanced reward structure for participants.
The suggested adjustments are intended to optimize the allocation of fees within Kinetix. By reallocating fees, we aim to: Boost $KAI utility and value through buyback and burn mechanisms. Provide competitive rewards for liquidity providers, ensuring their continued engagement.
Support the Foundation to further develop products. Create a sustainable and growth-oriented tokenomics model to align incentives for all stakeholders.
Proposed Fee Distribution Changes:
Perps V1 50% of fees: Allocated to bribes. 40% of fees: Used for $KAI buyback and burn. 10% of fees: Allocated to the Foundation.
DEX V3 75% of fees: Allocated to liquidity providers. 25% of fees: Used for $KAI buyback and burn.
DEX V2 100% of fees: Allocated to liquidity providers.
Perps V2 50% of fees: Allocated to liquidity providers. 40% of fees: Used for $KAI buyback and burn. 10% of fees: Allocated to the Foundation.
These changes ensure a balanced approach to fee distribution that aligns with the interests of all ecosystem participants. $KAI Buyback and Burn: This mechanism enhances $KAI's value proposition by reducing circulating supply and increasing demand. Liquidity Providers: Allocating fees to liquidity providers encourages greater participation and maintains liquidity across the ecosystem.
To conclude, this proposal outlines a strategic adjustment to Kinetix Finance's tokenomics model, creating a more robust and rewarding ecosystem for all participants. We encourage community members to review these changes and cast their vote to shape the future of Kinetix.
Voting Options: For: Approve the proposed fee distribution changes. Against: Reject the proposed fee distribution changes. Thank you for your consideration and participation in this governance proposal!