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YFLinkYFLinkby0x8188594FC8E266059BaC9B5AE8F1C440f38384E10x8188…84E1

Trading/Protocol Fee Split

Voting ended over 5 years agoFailed

This is a preliminary vote to gauge community sentiment around the preferred split between the Treasury and YFL staked in the governance pool from LINKSWAP trading/protocol fees. Splits will be annotated as:

TREASURY/STAKED (e.g. 20/80 means 20% to Treasury, 80% to Staked YFL)

The options below are being kept intentionally broad and will be followed by a second vote with more specific options for the most highly voted category.

As a reminder, the Stablecoin Treasury currently is capped at $100k USD.

  1. Function of % of Stablecoin Treasury (ST) size relative to cap
  • For example, when the ST is at 0% of its cap the split is 100/0. When the ST is at 75% of its cap the split is 25/75. This are many other models to be considered within this category, it does not have to be strictly linear as above.
  1. First $X in fees each month/week/etc. go to ST if it is under the cap, where X is some percentage of the ST cap. If the ST capped, some fixed ratio as below.
  • e.g. If X is 20% the first $20k of fees earned are paid into the ST as if the ratio was 100/0. After that 20k is paid, fees are distributed according to a different ratio.
  1. Fixed ratio
  • e.g. 20/80

Off-Chain Vote

Function of % of Stablecoin Treasury (ST) Size
0 0%
First $X in fees each month/week/etc. go to ST
0 0%
Fixed Ratio
0 0%
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Timeline

Sep 21, 2020Proposal created
Sep 21, 2020Proposal vote started
Sep 25, 2020Proposal vote ended
Jan 23, 2024Proposal updated