SCCP-133: Increase volume partner rewards to 10K SNX p/month

Author
StatusImplemented
TypeGovernance
NetworkEthereum
ImplementorTBD
ReleaseTBD
Created2021-08-04

Simple Summary

Increase volume partner rewards to 10,000 SNX per month.

Abstract

As per SIP-132, the Volume Partner Program is currently paying 4,000 SNX per month taken from inflation.

Before, the sDAO would pay 25% of generated trading fees to Volume Partners. Given that Volume Partners generate a big % of volume, it makes sense to increase rewards to an amount that is more in accordance to the volume they provide.

This proposal consists in increasing the amount to 10,000 SNX per month (which annualised is 0.44% of 2021's supply).

Motivation

Reward Volume Partners for their contributions.

Copyright and related rights waived via CC0.