KIP-97: Referral Program Policy Adjustments

Simple Summary

This KIP proposes adjustments to the existing referral program policies in Kwenta, including the removal of certain policies and the introduction of a burn address referral code.

Abstract

This proposal aims to modify the current referral program policies in Kwenta to better align with technical limitations and community needs. It suggests the removal of the policy related to escrowed $KWENTA and introduces a burn address referral code. Additionally, it proposes an increase in $KWENTA trading rewards and outlines a formal process for the referral program's launch and testing period.

Motivation

The motivation for these policy changes is a variety of technical limitations, optimizations, and a desire to provide the Kwenta community with a full view of the release schedule and each aspect of its implementation.

Specification

For more information, visit the: Kwenta State Log