Changes to the Trading Rewards Program

Just over 1 month ago, we released the platform’s first-ever trading rewards programme. Since then, there have been several discussions within the DeversiFi community on potential improvements. We have taken it all onboard, and devised a new proposal to the trading rewards program, that is up for discussion within our community!

This proposal combines several community suggestions into one formula change that rewards xDVF holders with a higher percentage of the weekly DVF rewards, incentivising DVF holding, providing utility for xDVF and rewarding long term DVF stakers.

Since the feedback from the community has been in favour of the suggested proposal within the Discourse forum and also within the Governance Discord channel, no changes to the suggest proposal have been made.

The proposal requires minimal technical changes and is simple to understand - a key requirement of any changes to the rewards program

One cannot include screenshots or extra links within a snapshot vote, detailed information regarding the full proposal change can be found within the Discourse Forum or within the DeversiFi governance discord channel.

We prefer issuing the trading rewards as DVF instead as xDVF to ensure that trader’s need to make a conscious decision to stake for xDVF. This also rewards xDVF holders to a greater extent as it rewards those who actively turn their DVF into xDVF each period