Sustainability project is essential to sustain and enhance our platform's long-term viability and competitiveness. By strategically implementing fees, we not only secure a revenue stream but also align our incentives with the success of our users. These fees support ongoing development, maintain robust infrastructure, incentivize network participants, and ensure the highest standards of security and user experience.
To successfully implement the project, we need to align on the exact strategy and definitions to maintain our trust and transparency with the users. Additionally, this research requires going over the existing documents that have been submitted on behave on CoW DAO and acknowledging a sustainability fee.
Acceptance criteria
The exact definition is set for the first iteration of the project.
Details
Sustainability project requires specifying the percentage that will be applied to the orders, the cap if any that will be applied to the orders. Additionally, an exact definition of the applicable orders is required.
The solution should pass CIP proposal and be voted for.
The solution requires adjusting current articles (eg. TWAP on Medium) and acknowledging a surplus fee.
Possible Solutions
Definition:
Out-of-market Limit Orders
50% surplus fee
orders with the surplus not exceeding 6% of the total value of the transaction
Problem
Sustainability project is essential to sustain and enhance our platform's long-term viability and competitiveness. By strategically implementing fees, we not only secure a revenue stream but also align our incentives with the success of our users. These fees support ongoing development, maintain robust infrastructure, incentivize network participants, and ensure the highest standards of security and user experience. To successfully implement the project, we need to align on the exact strategy and definitions to maintain our trust and transparency with the users. Additionally, this research requires going over the existing documents that have been submitted on behave on CoW DAO and acknowledging a sustainability fee.
Acceptance criteria
The exact definition is set for the first iteration of the project.
Details
Sustainability project requires specifying the percentage that will be applied to the orders, the cap if any that will be applied to the orders. Additionally, an exact definition of the applicable orders is required. The solution should pass CIP proposal and be voted for. The solution requires adjusting current articles (eg. TWAP on Medium) and acknowledging a surplus fee.
Possible Solutions
Definition: Out-of-market Limit Orders
Research track
On-going research ba bel found here https://www.notion.so/cownation/Revenue-Generation-Options-281343beeb8b4fd7a54bb09ca4daa16f?pvs=4
CIP draft https://docs.google.com/document/d/1UfsQxU0fBJGr1mvIVH3jx3MQnayegfnk6iFQdzy-2LQ/edit