KIP 125: Redistribute fee share by default to KWENTA stakers on OP

Simple Summary

Redistribute fee shares from protocols by default to KWENTA stakers on Optimism.

Abstract

The treasuryDAO will be responsible to capture, bridge, and redistribute all income earned through fee shares from integrated protocols to KWENTA V2 stakers on Optimism.

Motivation

This proposal follows up on KIP-110 and KIP-114, which define that Synthetix fee shares on Base are redistributed to KWENTA stakers. As Kwenta expands to new protocols, such as Perennial (KIP-118), it is proposed that all future fee share income is by default redistributed to KWENTA stakers. If the Kwenta DAO desires fee shares from specific protocols to be used for other purposes, follow up KIPs would be required.

Specification

For more information, visit the: Kwenta State Log