KIP-13: KWENTA Launch Distribution

Summary This proposal outlines a model in which the KWENTA token will be distributed to the community once launched.

Abstract 5% of KWENTA will be distributed to eligible Synth traders who have traded between Jan 1st 2020 - Feb 1st 2022 and 30% of KWENTA will be distributed to SNX stakers active during Sept 1st 2021 - Feb 1st 2022. The remainder of the KWENTA will be sent to the treasury and distributed according to the model proposed in KIP-4.

Motivation To distribute tokens to community members that are likely to facilitate governance and leverage the token to create a sustainable system for growth.

Specification For more details visit: https://kips.kwenta.io/kips/kip-13/