Earlier proposals for launched and pending products contained a clause to distribute a portion of the streaming fee to the Product Pod. This proposal reverses that aspect of the previous proposals.
Additionally, no such streaming fee has been distributed to the Product Pod and this post serves as notice of such to the community.
Earlier product proposals by the Product Pod (including IIPs 135, 136, 137, 144 & 145) included a clause to distribute up to 10% of the streaming fee to contributors who had contributed to designing the product. This fee structure was created to incentivize the creation of in-house methodologies and product designs. In the time since, the Product Pod has not received this additional revenue, and the incentive design of Index Coop is being revised. As such these clauses are now redundant, and this Proposal removes that aspect of the previous proposals.
No streaming fee will be distributed to the Product Pod for the following launched or potential products:
- MNY (aka BASIS-ETH)
DO reverse the decision to distribute 10% of the streaming fees for the above products to the Product Pod.
DO NOT reverse the decision to distribute 10% of the streaming fees for the above products to the Product Pod.
Copyright and related rights waived via CC0.