[MIP-02] MOLTEN MONETARY POLICY VOTE

[CAMPAIGN DURATION] : 2 MONTHS

[CAMPAIGN GOALS] : Increase fee revenue while maintaining LP incentives. Most importantly, getting attention of notable KOLs.

Trading Incentives: 40% PrMM Incentives: 35% MOLTEN liquidity: 10% Grants Budget: 0% Marketing Budget: 15%

There are potentially 4 rewards being given out if all 4 are used. Trading incentives: esMOLTEN (1 year linear vested MOLTEN) Perp LP incentives: esMOLTEN (1 year linear vested MOLTEN) Molten/WETH Velo incentives: MOLTEN

How incentives go out: Trading rewards - Voted amount gets split up equally into how many weeks the campaign will last. from that week the trading incentive is split evenly between all weeks. Traders earn a share of the volume rewards pot every week and can track their ranking and entitled esMOLTEN in real time. LP rewards - Would work similar to the previous ETH op pool rewards but instead of getting something directly to your wallet, you can claim an allocated vesting amount every week which lets you start vesting your esMOLTEN into MOLTEN over 1 year. Molten Liquidity - We target roughly 50% apr for LP vote bribes on velodrome, any unused MOLTEN is burned at the end of the campaign Grants - we shall put out a few things we'd like to see but anyone can apply for a grant and the community would vote to reject or approve their grant