Hi Kacytizens!
This is a proposal for transferring 250 000 KACY from the DAO to Team Multisig to allow the deployment of new KACY rewards for the next quarter of this year.
We are proposing a Tokenomics concept for Kacy in conjunction with the Kassandra platform, and we explore these ideas in This Medium article. We would like to make this forum topic a discussion about the ideas presented in the Medium article and whether they make sense for our future.
The distribution Q1
Avalanche rewards:
- 5k KACY for staking KACY without withdrawal delay
- 15k KACY for staking KACY with 15 days of withdrawal delay
- 50k KACY for staking KACY with 45 days of withdrawal delay
- 40k KACY for staking LP of KACY-AVAX
- 20k KACY for staking ‘Low Risk’ portfolio with 5% Kacy
Polygon rewards:
- 40k KACY for staking LP of KACY-ETH
- 15k KACY for staking ‘Medium Risk’ portfolio with 5% Kacy
- 8.5k KACY for staking KKF
Arbitrum rewards:
- 40k KACY for staking LP of KACY-ETH
- 10k KACY for staking ‘High Risk’ portfolio with 5% Kacy
- 6.5k KACY for staking aKKF
Reasoning
There are two main objectives with this distribution:
- Implement the Manager Incentive Program, benefiting Cyril’s pools.
- Increase Kacy’s liquidity and allow it to benefit from market price increases.
With this, we will have tools to attract more managers and make the snowball effect work correctly for Kacy.