Proposal: Fee Distribution Parameter Vote Relaunch - Fee Split

If you can link me where exactly in this proposal it’s mentioned that the v1 payout percentage will be hard-set at 50% of DAO income, then I will happily change my stance - but what you are suggesting is altering the previous governance proposal by hard setting these parameters - which goes against the entire point of governance. As Abdulla mentioned earlier - this would make a mockery of the entire governance process.

The previous proposal outlines 17.5% of DAO treasury income - no more, no less.

(Also not everyone that disagrees with you is on the team, lol.)

For options 1-4:

Respectively, this translates to 13.125%, 8.75%, 4.313% and 1.725% for the V1 users - the only option which would be debatable is option 4 (90/10), as this was not present in the original fee distribution proposal by CMS - and translates to a much lower payout % for v1 buybacks.

I think a middle-ground for v1 buybacks could be warranted for option 4, as this is the only parameter which has changed from the original fee distribution proposal. This could be modified specifically for v1 buybacks, or removed as an option completely, depending on which has more demand.

1 Like