KIP-43: Adjust Trading Incentives Allocation

Author
StatusDraft
Created2022-11-22

Summary

Reduce the proportion of inflation being directed to trading rewards and instead hold the funds in the treasury for future use.

Abstract

Bring the trading reward inflation down to 5% of the total inflation and reroute the 15% remaining to the treasury for future trading incentives.

Motivation

Wihtout a competitive product, trading rewards are being wasted. Wiht the launch of Perps V2 incentivizing trading will offer a more meaningful impact from trading rewards.

Specification

  1. Alter trading rewards to 5% of all inflation and move the remaining 15% into the treasury for future trading rewards.
  2. Limit all trading reward eligibility to trades made using a Kwenta cross margin account.

Copyright and related rights waived via CC0.