Simplify Planet's Tokenomics

OVERVIEW

Since inception, Planet's tokenomics have been designed to be sustainable, & deflationary in nature. There's a beautiful graphic which highlights the current %'s of where fees go from each part of the protocol that generates fees.

This can be simplified so that the entire protocol is easy to understand by anyone.

We think this can be accomplished by proposing fixed %'s for each of the buckets in which fees flow into. At a high level there's 3 different buckets.

1. Buying GAMMA and sending it to the GAMMA (reward) reserve
2. Buying AQUA & burning it forever by sending it to the dead address
3. Sending fees to Planet's Treasury

WHERE ARE FEES GENERATED

1. Swap Fees
2. Deposit/Withdraw Fees
3. Lending Fees

• (5% is currently set to go towards users effected by the Terra situation)

4. Pink Planet Fees
5. Performance Fees

PROPOSED PERCENTAGES

1. Buys GAMMA: 50%
2. Burns AQUA: 35%
3. Sends To Treasury: 15%

LOGIC FOR THE PROPOSED PERCENTAGES

GAMMA is the fuel (energy) that gives the protocol life. So logically, it makes sense for the majority of the value generated by the protocol to be used to buy GAMMA. The GAMMA purchased will then go into the "GAMMA Reserve". This ensures that the protocol will always have future rewards to be earned in a sustainable way.

We think it makes sense to drive at least 35% of fees generated towards buying and burning AQUA. As we write this, over 5% of the entire AQUA supply has already been bought & burned forever. AQUA is a unique deflationary asset. There was no special allocations and no "team tokens".

Control over Planet's Treasury is a powerful utility for AQUA. It makes sense to drive at least 15% of the fees generated towards the Treasury. This ensures that the Treasury will grow consistently over time and also enables AQUA to accrue value since it controls the value sitting in the treasury.