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Kwenta Kwenta by0x0c4EA5F0219fbC4Decf9536463524953Cd75F0cB0x0c4E…F0cB

KIP-43: Adjust Trading Incentives Allocation

Voting ended over 3 years agoSucceeded

Summary

Reduce the proportion of inflation being directed to trading rewards and instead hold the funds in the treasury for future use.

Abstract

Bring the trading reward inflation down to 5% of the total inflation and reroute the 15% remaining to the treasury for future trading incentives.

Motivation

Wihtout a competitive product, trading rewards are being wasted. Wiht the launch of Perps V2 incentivizing trading will offer a more meaningful impact from trading rewards.

Specification

For more information visit: https://kips.kwenta.io/kips/kip-43/

Off-Chain Vote

Pass
4 KWENFT80%
Reject
1 KWENFT20%
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Timeline

Nov 23, 2022Proposal created
Nov 23, 2022Proposal vote started
Dec 06, 2022Proposal vote ended
Oct 26, 2023Proposal updated