Thanks Kiba,
I think the multisig can withdraw from the DPI treasury. That’s how they claim the streaming fee. See Felix’s reply and links to dev docs to my questions . But I’m no expert on code.
Legal risk for the multisig isn’t something I had considered.
I restricted the yield opportunities so a set that few would have objection to. I’m sure that there are better yields out there. I’m happy to miss the 2% target if the reason was that we were cautious in this experiment.
Unsurprisingly, I’ve been thinking about how we can use the income.
We currently have 190,000 DPI tokens issued, so 0.16% collected in 4 weeks would be about 300 DPI. I would convert the captured value into DPI, then announce that from a set date, we would distribute the 300 DPI at an annualised rate of 2% pa. Then it is exhausted at a period that is entirely dependent on the number of tokens issued (independent of $DPI market price). This should be a simple message that is easy to communicate (300 DPI distributed at 2% PA until it’s all spent, effectively 1% reward):
- 190,000 DPI issued ~ 4 weeks
- 95,000 DPI issued ~ 8 weeks
- 47,500 DPI issued ~ 16 weeks
- 15,000 DPI issued ~ 12 months
A simple marketing hook to combine with the inherent benefits of diversification within DPI.