Summary
After working with DappBack successfully for two months and seeing significant traction and results from their Level 1 and Level 2 rewards for users in our online presence and engagement, I am requesting additional funding to fund a more interactive “Level 3” on-chain task version of these rewards. With this third level of tasks, users could complete actions such as: “buy and stake FOX on app.shapeshift.com” and DappBack would then be able to reward users in FOX Tokens upon verifying the completion of those tasks.
Motivation

‘I don’t believe NFTs are all about art. NFTs are, among things, FINANCIAL INSTRUMENTS, and they should be used as such.’
Rob Montgomery, CEO of Revest finance.
Summary -
As of 6/4/2022, there is a little over 130,000,000 FOX ($16 million USD) sitting in the ShapeShift treasury all but collecting dust. This proposal would redeploy those tokens in a way that would benefit the DAO.
Here’s an example of one possible use:
“Ashley has 10,000 $FOX, and they will have 15,000 $FOX in one year of staking.
“Ashley utilizes the Resonate protocol and separates their principal stake (10,000 $FOX) from her interest (5,000 $FOX, (in one year.))
“The ShapeShift Treasury purchases the rights to the interest of 5,000 $FOX, (in one year) for 3,000 FOX, upfront.
“Ashley, understanding the time/value of money, gets an upfront, one-time payment of 3,000 FOX. (Every lotto winner and/or anyone who receives a pension is given a choice: an annuity paid out over the next 30 years, or a one-time, lump-sum payment. For example: With an annuity, you would receive a total payout of $200MM but with a lump sum you would receive $120MM. By accepting a lump sum payment you gain control over your income assets; even if the lump sum is less than the promised annuity payment.) Ashley would also retain the rights to their principal stake of 10,000 $FOX.
“ShapeShift is able to extend the staking APR bonus of 52.73% (as of midnight 6/5/2022) and, at the same time, reduce the emissions from the treasury by 40%.
“ShapeShift succeeds in locking up $FOX tokens for 12 months, removing them from the primary market, (which utilizes DEX’s,) and forcing them to be sold on the secondary market.
“Ashley sells the principal FNFT (10,000 $FOX) on a secondary market like OpenSea for ETH (equivalent to 9,000 $FOX,) ending with a net profit of $2,000 $FOX (or USD equivalent,) all while not affecting the price of $FOX.
(Ashley produces two FNFTs using the RESONATE dApp; one containing the principal and the other containing the rights to the interest:
a.) They deposit 10,000 $FOX into the ‘principal’ FNFT.
b.) They sell the rights to the ‘interest’ FNFT for 3,000 $FOX utilizing the RESONATE dApp.
c.) They sell the ‘principal’ FNFT on OpenSea for the ETH equivalent of 9,000 $FOX.
ShapeShift buys the rights to the interest of 5,000 $FOX for an upfront payment of 3,000 $FOX saving a total of 2,000 $FOX in interest payouts, slowing emissions. ShapeShift was also able to lock a total of 10,000 $FOX for 12 months, reducing the total circulating supply of FOX, and increasing the price.
Result:
Ashley: 9,000 $FOX + 3,000 $FOX = 12,000 $FOX gross profit.
ShapeShift: (50,000 $FOX) - (30,000 $FOX) = 20,000 $FOX saved.
In this example, we saw Ashley stake 10,000 $FOX for 12 months earning a 50% APR. They took a 60% buyout and then sold their principal FNFT on a secondary market. But the best part about RESONATE, my favorite part, is that we will not be restricted to a certain time frame, the amount staked, or even the amount for which we sell the interest-bearing FNFT.
Abstract (A summary in detail) -

Definitions
FNFT - Financial Non-Fungible Token
Voucher Decoupling - the separation of a stake’s periodic interest payments from its principal repayment obligation to create a series of individual FNFT’s. With Voucher Decoupling, the underlying stake becomes a principal-bearing FNFT and each interest payment can be claimed through the interest-bearing FNFT at any time.
Principal FNFT - This is the FNFT where the original sum of tokens staked is held.
Interest FNFT - This is the FNFT where the interest from the principal FNFT will be sent. You are able to withdraw the interest accrued at any time.
Fixed-Term - This is a type of voucher decoupling where the interest FNFT is locked for a certain length of time no matter how much interest accrues. i.e. 12 month vest, whether the APR is 75% or 2%.

Luna2 (aka phoenix-1 chain), was launched May 28th as a response to the debacle that happened with UST in May. The DAO now has a LUNA2 validator. It would be helpful to integrate it into the ShapeShift platform while the airdrop is still fresh for everyone. LUNA is trending (maybe for the wrong reasons) but the user experience is fragmented. ShapeShift has an opportunity to provide a delightful user experience for this new chain. Air dropped tokens remain locked and vesting for 6 months to 5 years, so delegation of these locked tokens is a potential, sticky revenue opportunity for the DAO. Terra2 already has about a $1.5 billon market cap with trading volume peaking at ~$1.5 billion on May 31st. Terra price today, LUNA to USD live, marketcap and chart | CoinMarketCap
With the work near completed on the Osmosis integration, staking (including re-delegation), send and receive integration for LUNA2 should be a small lift. It might be faster to another provider’s nodes instead of rolling it into unchained. I’m not sure and would want feedback on this from Engineering.
Trading of LUNA2 should be enabled on Osmosis soon so trading is not required for this bounty.
I do not think this should detract from the core engineering roadmap, so I am proposing a FOX bounty to integrate LUNA2 outside of the regular engineering roadmap. There are also a lot of stranded Terra developers who we could try to attract to work for the ShapeShift DAO.
Time is of the essence for this to be relevant. I would suggest a decaying bounty; as in, if completed in 1 month, the team would receive 100% of the bounty, decaying by 30% per month.

Poll for size of bounty:

SUMMARY:
This proposal extends and modifies the current phase of liquidity mining incentives, which end mid-July.
ABSTRACT:
This proposal outlines the latest revision to our liquidity mining efforts (an update to [SCP-55]). This proposal continues the LM program on Uniswap v2 for another 4.5 months past the current early July end date, alongside the creation and funding of liquidity mining incentives on Bancor v3.
MOTIVATION:
Owning liquidity is important. Insufficient liquidity can exacerbate price slippage. FOX needs to be present and available throughout the Defi ecosystem for the stability and long-term success of FOX and Shapeshift DAO.
In light of fewer liquidity provisioning options, this proposal seeks to ensure sufficient liquidity for FOX, and for that liquidity to be owned by Shapeshift DAO.
SPECIFICATION:
This proposal would extend the Uniswap FOX/ETH v2 LP reward program for this next 4.5 month LM cycle. This reward program would be for 6.75M FOX.
SCP-55 extended and modified the current phase of LP rewards for an additional 4.5 months and was approved in January. This proposal would extend LM rewards 4.5 months past the current early July end date (with a new LM program). This proposal will allocate 6.75M FOX for this next program.
The Bancor v3 LP reward program will last 4.5 months and start from the time of FOX being listed on Bancor v3. Up to 6.75M FOX will be deposited to Bancor v3, which Bancor will match up to 50k BNT, emitted over a 24-month schedule. All previously whitelisted tokens will be introduced to Bancor v3. As FOX is whitelisted with Bancor, this means that FOX should be listed on Bancor v3 sometime between May 29th and June 5th.
Bancor v3 is different than Bancor v2 in that impermanent loss protection is now instant (was 100-day wait before), with the drawback that there is a 0.25% withdrawal fee imposed. In addition, Bancor v3 imposes a 7 day redeem cooldown window. To ensure impermanent loss protection, Bancor v3 allows for DAOs to escrow a certain amount of their token to “bail out” individuals who would otherwise suffer from an impermanent loss.
Bancor v2 rewards were denominated in BNT only. Bancor v3 rewards can be BNT and the native token, or FOX in our case. In Bancor v3, these FOX reward tokens (FOX LP tokens) are, initially, part of the liquidity provided (unlike in v2). These FOX LP tokens (living in bancor-land) autocompound and are staked in a burner, ensuring that the ultimate redemption of the FOX LP tokens results in more FOX tokens than FOX LP tokens staked/burned.
Through v3, user experience is simplified to one swap (from the 2 necessary in Bancor v2). This will better develop the liquidity necessary for FOX to function well.
What This Proposal Would Do:
Up to 6.75M FOX will be allocated as liquidity mining rewards for the Uniswap v2 LM program 2 days before the current one ends (mid-July). This program will last for 4.5 months.
Start LP reward program on Bancor v3 (when available) up to the amount of 6.75M (4.5 month period, starting when FOX is available on Bancor v3).
Deposit 10M FOX into Bancor v3 from the Shapeshift DAO Treasury.

SUMMARY:
This proposal extends and modifies the current phase of liquidity mining incentives, which end mid-July.
ABSTRACT:
This proposal outlines the latest revision to our liquidity mining efforts (an update to [SCP-55]). This proposal continues the LM program on Uniswap v2 for another 4.5 months past the current early July end date, alongside the creation and funding of liquidity mining incentives on Bancor v3.
MOTIVATION:
Owning liquidity is important. Insufficient liquidity can exacerbate price slippage. FOX needs to be present and available throughout the Defi ecosystem for the stability and long-term success of FOX and Shapeshift DAO.
In light of fewer liquidity provisioning options, this proposal seeks to ensure sufficient liquidity for FOX, and for that liquidity to be owned by Shapeshift DAO.
SPECIFICATION:
This proposal would extend the Uniswap FOX/ETH v2 LP reward program for this next 4.5 month LM cycle. This reward program would be for 6.75M FOX.
SCP-55 extended and modified the current phase of LP rewards for an additional 4.5 months and was approved in January. This proposal would extend LM rewards 4.5 months past the current early July end date (with a new LM program). This proposal will allocate 6.75M FOX for this next program.
The Bancor v3 LP reward program will last 4.5 months and start from the time of FOX being listed on Bancor v3. Up to 6.75M FOX will be deposited to Bancor v3, which Bancor will match up to 50k BNT, emitted over a 24-month schedule. All previously whitelisted tokens will be introduced to Bancor v3. As FOX is whitelisted with Bancor, this means that FOX should be listed on Bancor v3 sometime between May 29th and June 5th.
Bancor v3 is different than Bancor v2 in that impermanent loss protection is now instant (was 100-day wait before), with the drawback that there is a 0.25% withdrawal fee imposed. In addition, Bancor v3 imposes a 7 day redeem cooldown window. To ensure impermanent loss protection, Bancor v3 allows for DAOs to escrow a certain amount of their token to “bail out” individuals who would otherwise suffer from an impermanent loss.
Bancor v2 rewards were denominated in BNT only. Bancor v3 rewards can be BNT and the native token, or FOX in our case. In Bancor v3, these FOX reward tokens (FOX LP tokens) are, initially, part of the liquidity provided (unlike in v2). These FOX LP tokens (living in bancor-land) autocompound and are staked in a burner, ensuring that the ultimate redemption of the FOX LP tokens results in more FOX tokens than FOX LP tokens staked/burned.
Through v3, user experience is simplified to one swap (from the 2 necessary in Bancor v2). This will better develop the liquidity necessary for FOX to function well.
What This Proposal Would Do:
Up to 6.75M FOX will be allocated as liquidity mining rewards for the Uniswap v2 LM program 2 days before the current one ends (mid-July). This program will last for 4.5 months.
Start LP reward program on Bancor v3 (when available) up to the amount of 6.75M (4.5 month period, starting when FOX is available on Bancor v3).
Deposit 10M FOX into Bancor v3 from the Shapeshift DAO Treasury.

These set of polls will serve as signaling before an official thread is put into proposal. There’s a lot to cover, so please bear with me.
I will also be putting in sprinkles of ideas here and there for future integrations, but obviously the ideas are just to get creative juices of the community flowing.
For more information / context please refer to the following threads:
Introducing Our Very Own Staking Auto-Compound Tool for ShapeShift's #IBCgang 💰
BOUNTY: 25K FOX for the direct implementation of the Cosmos/IBC Auto-Compound Tool on ShapeShift App by July 1st

sFOX (aka FOXy) Bounty
GM foxes, let’s kick this new year off with a new bounty
Background
To bring value to ShapeShift platform users and FOX holders, I am posting a bounty (from personal funds, not paid by DAO) for the development of “sFOX,” which has been discussed among the community over the past several weeks.
“sFOX” is short for “staked FOX”, and we’ve also been considering “FOXy” (for FOX Yield) as an alternative. For this post, we’ll just use the term sFOX to keep it simple.
sFOX is an ERC20 rebasing token that is redeemable 1:1 with FOX tokens

Abstract
The FOX token is central to ShapeShift’s open-source platform, yet today it’s treated like all other assets: it only has a boilerplate Asset Page. Users of the platform don’t have much of a way to experience their FOX token.
This bounty is for the UI/UX work (no engineering yet) to design a “FOX Page.” It will be the primary way for users to interact with FOX tokens and learn about its super powers. If Product Approves, it will sit as a top-level nav link.


What feature is being bountied?

In my opinion there needs to be more initiatives and focus groups (leading to eventual special project workstreams) for diversifying revenue streams outside of DeFi – I’m talking SaaS/PaaS style. Of course, as with all things, its easier said than done. I have about a dozen ideas, but I’ll get the thread started with just one huge elephant in the room to get the discussion going, the creative juices flowing, etc etc.
CoinCap
The most glaringly obvious revenue stream that could be implemented with relative ease, to me is CoinCap. Market data and details on assets are everywhere and if you look in the right places, free. But CoinCap stands out in that because of its early founding,
it is actually sitting on a data goldmine that’s is currently … well, just sitting there for the most part. Historical OLHCV data dating back many years in multiple timeframes is an extremely valued asset in various giant fields: financial research, machine learning, and algorithmic trading and backtesting are the obvious ones that come to mind. Some easy and not-so-easy steps to prepare in bringing the data to market:
Update the frontend and design to be more 2022-esque and ShapeShift branded

Summary - This proposal would accomplish the following: A validator will be run on the new Umee blockchain with the intention of providing a revenue stream for the DAO. This is the third validator proposal from TaxiStake. We are also requesting pre-approval for Juno and Terra validators.
Abstract - Umee is decentralized infrastructure for cross chain interactions between networks. Umee connects users to create lending and borrowing positions, move capital across chains, discover new yield opportunities and explore DeFi applications intersecting networks in a seamless and trustless manner. Umee’s mainnet launch is imminent. TaxiStake was involved in two incentivized testnets for the Umee network and has been selected as a genesis validator for the Umee mainent. Here is a link to our Umee genesis transaction pull request: https://github.com/umee-network/mainnet-gentx/pull/95/files
The validator will be run under the TaxiStake name until we pass the ShapeShift governance process, then it will be renamed to ShapeShift DAO.
You can find more about Umee on their website: