The Minswap DAO received 45,598 $ADA as a reward for the latest Governance proposal to vote with LP ADA in Catalyst Fund 10. This Proposal aims to establish a method to allocate these rewards, and to be used for all future Catalyst rewards, unless and until this vote is replaced with a new, superseding vote. 2 Options are laid out:
- Option 1: Distribute 75% of ADA rewards to the wallets that voted in the prior on-chain vote to select Catalyst Proposals, by whatever technical means Minswap Labs sees fit. Give the remaining 25% to Minswap labs to a) cover expenses of distributing the rewards and/or b) distribute to the individual community members that worked on the process of vetting proposals. It is up to the discretion of Labs how to split that 25%.
- Option 2: Distribute all rewards to the DAO as Protocol Owned Liquidity
This Proposal is based on Proposal posted on the Minswap Forum provided by GT (Minswap Community Manager)
