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Y2K FinanceY2K Financeby0x49E96E255bA418d08E66c35b588E2f2F3766E1d00x49E9…E1d0

YIP#2 - Increase protocol revenue share to vlY2K holders

Voting ended about 3 years agoSucceeded

For now, 30% of protocol revenue are planned to be shared with vlY2K holders to reward users that are long term aligned with the Y2K ecosystem and at the same time bootstrap liquidity.

The other portion owned by treasury would be used to cover DAO expenses to support protocols long term growth, voted via governance proposals.

In order to add more incentives to vlY2K and after discussing with the team, it appears that increasing to 50% of protocol revenue to token holders could be beneficial for the protocol without affecting the DAO runway.

I suggest to have a vote in this regard.

Off-Chain Vote

Keep at 30%
1.92K ESY2K0.5%
Increase to 50%
373K ESY2K99.5%
Download mobile app to vote

Timeline

Dec 17, 2022Proposal created
Dec 17, 2022Proposal vote started
Dec 20, 2022Proposal vote ended
Oct 26, 2023Proposal updated