As you know, the MuesliSwap governance is just around the corner. But what you may not know is that we are thrilled to introduce our innovative MuesliSwap Treasury and Revenue Sharing Model.
We have different structures in mind and want your input to find the best treasury model that will bootstrap the MuesliSwap Treasury and provide additional benefits to the community.
With 250,000 MILK tokens, 30,000 Snow Tokens, and 10 special Hungry Cows, the Treasury is ready to take the MuesliSwap experience to the next level!
Here’s what we’re thinking: we will have a main on-chain treasury, initially equipped with 70,000 MILK tokens and 30,000 Snow Tokens. But that’s not all, over the course of one year, we’ll vest an additional 15,000 MILK tokens into the Treasury every month! We’ll also add 20% of the frontend fee revenue (fees from the MuesliSwap websites) in ADA to the Treasury at the end of every month.
All MILK holders will have a voice in deciding where the funds of the on-chain treasury should be allocated, such as MuesliSwap marketing, dividends, and investments into additional projects. This will all be handled in a completely decentralized manner through smart contracts.
This is going to be huge! We want to hear from you before the governance can commence. So, don’t be shy, share your ideas and feedback with us. Together, let’s create a successful governance mechanism that benefits every member of the MuesliSwap community!
What a great idea. A buy back program would be cool also where profits are buying MILK token putting upwards pressure on the price then they go into liquidity pool
I think this is an amazing idea, which will give an incentive to people to hold milk, and influence/profit from it.
The 2 things that are important to me are
Marketing
A mechanism that rewards holders, a little better than staking today. Maybe through dividends.
I’m suggesting that 50% of the 20% front end fees should remain as ADA & given to MILK holders as Dividends, MILK holders don’t have to lock their milk to earn this ADA, they only have to hold milk. While the remaining 50% is used to purchase MILK from the DEX and locked in the treasury for future development.
I also suggest 50% of The 70k Milk and 50% of the 15k milk per month that would be in the treasury from the 250k milk should be given as dividends to milk holders that lock their MILK token for variable periods of time, the longer the lock up the more percentage earned in dividends and the other 50% to be used for further development and marketing.
I second but I’m eager to hear details either way 