The goal of the proposal is to create a sustainable treasury fund governed by all veLTX holders through our decentralized governance mechanism. The funds should be used to grow the Lattice ecosystem - examples could be project grants, bounties, marketing, special events, product development or even investment opportunities. The Treasury fee will be levied on every Lattice fee airdrop to veLTX holders.
There will be three different voting choices:
Example of fee mechanism: Assume Lattice Gateway airdrops 1.000.000 $USD of rewards and the Treasury fee is set at 10%. 100.000 $USD would go into the treasury wallet and 900.000 $USD would be distributed to veLTX holders.
The vote will take 10 days and a quorum of at least 33% of all veLTX is needed.
Governance board thread: https://commonwealth.im/lattice-gateway/discussion/8335-treasury-fee-proposal