Gm foxes! Hope you’re having the best day ever.
As most of you know, this proposal is currently in the Ideation phase: Add fees to THORChain swaps.

Summary: Deposit $3500 of liquidity into the Mt. Pelerin Liquidity pool in order to earn an extra 35% of revenue on each purchase through Mt. Pelerin On-Ramp.
Abstract: This would allow for the DAO to earn from the current 15% of all fees on purchases through Mt. Pelerin to 50%. The focus on the DAO currently increasing MAU which should ultimately drive more revenues through using features like onramps like Mt. Pelerin. We tried to get the 50% rev share without the staking of $3500 worth of MPS/USDC, but were ultimately declined but were told we could get the same boost if we deposited into the pool.
Link to the Referral Program - https://www.mtpelerin.com/invite?utm_source=mailchimp&utm_medium=email&utm_campaign=referral-newsletter-en&utm_content=cta

Summary: Deposit $3500 of liquidity into the Mt. Pelerin Liquidity pool in order to earn an extra 35% of revenue on each purchase through Mt. Pelerin On-Ramp.
Abstract: This would allow for the DAO to earn from the current 15% of all fees on purchases through Mt. Pelerin to 50%. The focus on the DAO currently increasing MAU which should ultimately drive more revenues through using features like onramps like Mt. Pelerin. We tried to get the 50% rev share without the staking of $3500 worth of MPS/USDC, but were ultimately declined but were told we could get the same boost if we deposited into the pool.
Link to the Referral Program - https://www.mtpelerin.com/invite?utm_source=mailchimp&utm_medium=email&utm_campaign=referral-newsletter-en&utm_content=cta

SCP #TBD
TaxiStake would like to continue running a ShapeShift DAO branded validator but based on data from the last year, as specified in the 8 month update https://forum.shapeshift.com/t/cosmos-validator-update-8-months-later/1652
we are proposing the following terms outlined in this proposal.


Specification: 

TaxiStake purchased the Cosmos validator from ShapeShift AG (on 09/30/2021), unlike most ShapeShift branded validators, the amount of ATOMs has been on a steady decline. 


When we started TaxiStake, we were under the strong impression that “if we build it they will come”, however; over the past year we learned it takes a lot more than a strong brand to achieve success. The profitability of the validator depends heavily on us remaining in the “active set” of the top 175 validators. The ShapeShift DAO is the 45th biggest but over 80% of the total delegations are coming from only a few addresses. Through the past year TaxiStake has developed a strong trust relationship with these large delegators. 



While these delegators support the use of the ShapeShift name for a portion of the revenue split, they have indicated that the biggest reason they delegate to TaxiStake’s validators is not because of the ShapeShift brand or support of the DAO, but because of the availability and the security standards put in place by the TaxiStake team. However, having so few delegators with the majority of the stake on the validator put the validator at risk of falling out of the active set if they were to decide to un-delegate. TaxiStake is proposing the following for both the ShapeShift DAO and TaxiStake to help ensure the validator maintains a solid base of delegated ATOMs while growing overall delegations.



The revenue split proposed is 80% to TaxiStake and 20% to ShapeShift DAO for a 3 month period. TaxiStake will take 10% of revenue it earns from the revenue split and re-delegate it back to the “self delegation address.” This will help keep the ShapeShift validator in the active set and signal to the community that ShapeShift is running this validator on the Cosmos chain for the long haul, with “skin in the game.” The rewards from these self-delegated tokens will all be added to the total revenue split. TaxiStake will retain ownership of these delegate ATOMs. TaxiStake will continue to perform all the maintenance, upgrades, monitoring, and governance tasks as is specified in the expiring terms. 



Under this proposal, the ShapeShift DAO must create a multisig Cosmos address to be controlled by the Treasure Signers (TSes). TaxiStake is requesting that the DAO then delegates

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:

What: A tool / bot / contract / whatever you want to call it that allows automatic rewards compounding for staked IBC assets + current delegations overview and management.

How: The auto-compounder makes use of a new feature in Cosmos SDK called Authz

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

Hey foxes!
I’m excited to get the ball rolling on the FOX Tokenomics workstream, a group dedicated to developing the optimal economic model for the FOX ecosystem. I am not applying to be a leader of this workstream, but plan to contribute in a meaningful and ongoing capacity, and am happy to act as a de facto leader until a better leader emerges (please post on this thread if this could be you!).
As Principal Product Manager of ShapeShift, I’ve led or been involved in all FOX-related initiatives since the token was launched in November 2018. Over the past year or so, I’ve been focused on evolving FOX from its original utility as a membership token that waived fees on ShapeShift trades to the governance token of the ShapeShift DAO.
What is the future of FOX?
How will the ShapeShift DAO generate revenue?