GP12 DeFi Rewards (TDR) Proposal - CompX

Hi Oyster,
I appreciate you commenting even if I disagree with what you’ve said.

We are allocating potential TDR and our own rewards to xUSD/USDC farms/pools - im open to changing the allocation of course.

In terms of the token - it’s pretty integral to our plans for this year and allows us to do things like xUSD staking giving users more reasons to hold on to their xUSD. Plus we can incentivise farms and pools and tokens regardless of TDR - which if the last voting period is anything to go by I’m not taking it for granted.

FYI CompX does generate decent revenue at the minute and can cover probably around 50% of our costs - not ideal but we’re well on our road to sustainability.

None of our proposals are created in a vacuum, all are after discussion and advice internally and we honestly plan to take great care of xUSD now that it’s our charge however we need as many levers as possible to ensure it’s stable.

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