(KGP) - 2 Distribution of Squid DAO bonding fees to veSQUID holders

1. Sales of all bonds via Squid DAO generate a 10% bond fee on the total bonded amount
2. 50% of the bond fees go to the Squid DAO development team
3. 50% of the bond fees shall to the veSQUID Bond Pool
4. veSQUID Bond Pool shall be calculated ever 7 calendar days (# of epochs?)
5. veSQUID Bond Pool distribution to veSQUID holders shall be proportional to the amount of veSQUID held by a wallet

Example: Week 1, approximately 15,500 ETH has been bonded 10% bond fee generates 1,550 ETH in bonding fees 50% of 755 ETH goes to development team = 775 ETH 50% of 755 ETH gets proportionally divided among veSQUID holders

Simple example is say 1 veSQUID : 1 NFT and 50 NFTs existed in first distribution period 775 ETH / 50 NFTs = 15.5 ETH per NFT holder