Good work putting this together, team!
I think we should put it to a vote.
3 Likes
Looks good to me.Should be voted on
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That’s sounds like a plan. I like it. BGOV and iBZRX holders/stakers got rewarded both. Much wow, very voty.
4 Likes
This is a very cool idea guys!
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Is there a technical reason where the fees can’t be paid in the original currency in which they were generated?
Also how are sweepFees called?
2 Likes
BGOV Proposal to Implement a Standard Fee Distribution Model
The latest proposal is intended to provide a more targeted approach as to how generated fees on the BSC are distributed.
Sweep Fees will be a non-permissioned function (anyone can call). Calling will extract generated protocol fees and do the following:
65% are sold for BGOV, then 15% are burned and the max supply is reduced by the total burned. The remaining 50% will be distributed to BGOV farmers/stakers
15% are sold for BZRX and distributed in iBZRX to BZRX farmers/stakers on the BSC
20% are sold for BNB and added to the insurance fund
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Tom, i dont know how to tag you here, but is this well formulated to be the final summary for a snapshot to put up for voting by the community ?
3 Likes