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RedactedRedactedby0xd00C30655A6217CdF20E77fB2A08Bcd2338c7c580xfunky.eth

RIP50: rlBTRFLY and Dinero protocol fees

Voting ended over 2 years agoSucceeded

As per RIP20, a portion of protocol revenue is allocated to rlBTRFLY lockers. The portion depends on the type of protocol revenue (e.g. treasury, Hidden Hand and Pirex).

Given the unique nature of the Dinero protocol, especially the infrastructure and ongoing costs associated with it, we propose a modified Pirex revenue allocation for the Dinero protocol:

  • 100% Dinero protocol revenue from fees, less operating costs (e.g. node operation costs, gas costs, oracle operation costs) is allocated to the Redacted Treasury, rlBTRFLY holders and DAO Reserves
  • Allocation between Redacted Treasury, rlBTRFLY and DAO Reserves is the same as for Redacted Pirex revenue: 42.5%: Redacted Treasury; 42.5%: rlBTRFLY Holders; 15%: DAO Reserves.

Voting

  • Modify Pirex revenue allocation for the Dinero protocol
  • Do nothing

Off-Chain Vote

Modify
7.13K (rl)BTRFLY99.8%
Do nothing
13.65 (rl)BTRFLY0.2%
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Discussion

RedactedRIP50: rlBTRFLY and Dinero protocol fees

Timeline

Dec 04, 2023Proposal created
Dec 04, 2023Proposal vote started
Dec 06, 2023Proposal vote ended
Aug 26, 2024Proposal updated