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Kwenta Kwenta by0x0c4EA5F0219fbC4Decf9536463524953Cd75F0cB0x0c4E…F0cB

KIP-68: Improve Trading Rewards Eligibility

Voting ended almost 3 years agoSucceeded

Simple Summary

Remove keeper fees from trading rewards eligibility.

Abstract

Currently, all protocol fees and keeper fees increase the amount of KWENTA trading rewards received. This change will remove the keeper fees from that calculation, preventing potential abuse of farm rewards before OP rewards are launched.

Motivation

There is a potential exploit where traders can submit trades they execute from a second account. This will increase the total fees paid and rewards received by that user; however, since they receive the keeper fee back, they aren't taking any risk.

Specification

For more information, visit: https://kwenta-gov.on.fleek.co/seeds/maple.radicle.garden/rad:git:hnrkq1oex148yz4zi9tm7spfnjaryyuc93yay/tree/master/kips/drafts/kip-68.md

Off-Chain Vote

Pass
5 EC-NFT100%
Reject
0 EC-NFT0%
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Timeline

Mar 16, 2023Proposal created
Mar 16, 2023Proposal vote started
Mar 30, 2023Proposal vote ended
Oct 26, 2023Proposal updated