What to Do with SIS Tokens Acquired Through Protocol Fees

Context

Symbiosis has accumulated fees for cross-chain operations that have been running within the protocol for an extended period of time. Approximately 0.25% of the total SIS token supply has been brought back with these accumulated fees. It is necessary to choose the best way to use these SIS tokens.

Proposal

Decide how these tokens should be used with the maximum positive effect for the DAO. Please cast your vote, or propose an alternative option if you have one in mind. Your voice matters, and your participation is greatly appreciated in this important decision-making process.

Options and Key Points

• Burn the tokens. This will reduce the overall supply of the tokens and potentially increase the value of the remaining tokens.
• Use the tokens to increase liquidity in Symbiosis pools. The more liquidity, the better the exchange rates. This will potentially increase the volume of transactions.
• Spend the tokens on rewards. This will definitely attract liquidity providers.
• Keep the tokens and accumulate them for the long term. This strategy could potentially increase the value of the tokens over time, and the DAO could benefit from this in the future.
• Other (looking forward to your option).