Change Fee Structure, Treasury Management, and Treasury Allocation
Change the withdrawal fee, performance fee, treasury management strategy, and structure for how protocol revenue is allocated. Optimize the fee structure and revenue allocation to improve long term growth in users and TVL. In its current state, the Vesper treasury is just holding VSP, which entails unnecessary risk through lack of diversification.
This proposal outlines a new revenue split:
Operations and Marketing: 25% Developer: 5% Partner Program: 5% Replenishing VSP Reserves: 10%→25% (gradual transition) Rewards: 55%→40% (gradual transition)
Discussion: https://gov.vesper.finance/t/proposal-change-fee-structure-treasury-management-and-revenue-allocation-from-economics-design/29/6 VIP: https://github.com/vesperfi/doc/issues/32
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0xe5C2...63f691 | 51,353 | For |
 0x6116...38fbaD | 43,603 | For |
 0x72F7...f74c06 | 41,915 | For |
 0x47A1...9F2e16 | 29,616 | For |
 0xAaE2...75298c | 28,056 | For |
VOTE POWER
Proposal Status
- Mon November 15 2021, 10:00 pmVoting Period Starts
- Thu November 18 2021, 10:00 pmEnd Voting Period
Current Results
1-For
325,756.775
2-Against
33,217.161