[SCP-192] Tokenomics Workstream Renewal Q2 2025-Q1 2026

Proposal Discussion
1

Term: March 1, 2025 - February 28, 2026

Summary

This proposal seeks to renew the Tokenomics Workstream for a full-year term, reinforcing the DAO’s financial resilience, governance efficiency, strategic innovation, and community engagement. Over the past year, ProfMcCarthy has led substantial improvements in treasury management, revenue optimization, governance transparency, cross-workstream coordination, and FOX tokenomics visibility across public platforms.

Motivation

This renewal focuses on:

  • Strengthening Treasury Stability – Enhancing stablecoin reserves, liquidity, and financial health.
  • Optimizing Revenue Streams – Refining fee models, expanding DeFi integrations, and maximizing protocol earnings.
  • Strengthening Governance – Hosting biweekly vote meetings, ensuring timely decisions, and publishing briefs on governance outcomes.
  • Expanding Partnerships & Token Utility – Establishing new collaborations and launching innovative tokenomics experiments.
  • Managing FOX Token Data & Market Positioning – Owning all FOX circulating supply, emissions, and economic data to ensure it is presented consistently and compellingly across all public-facing platforms.
  • Broadening Community & Educational Outreach – Amplifying ShapeShift’s presence through social media, marketing initiatives, and FOX Academy leadership.
  • Facilitating Community & Contributor Engagement – Helping with ShapeShift Ops Sprint on Mondays, ensuring cross-workstream collaboration, and creating and leading the ShapeShift Praise Hour, reviving FOX Props to celebrate contributors and strengthen community ties.

Abstract

Under ProfMcCarthy’s leadership, the Tokenomics Workstream has:

  • Treasury & Governance: Rescued stablecoin reserves from <$300k to $2.6M, ensured timely execution of multisig transactions, and conducted regular vote meetings.
  • Revenue & Operational Efficiency: Implemented fee model refinements and DeFi integrations that improved DAO revenue streams (growing monthly fees from $5k-10k in late 2023, to $60k-300k in early 2024, and then had a setback to our current $40k-70k monthly fees in late 2024).
  • Process Overhaul: Revamped internal systems, creating a comprehensive financial tracking framework to ensure accuracy and accountability.
  • Governance & Transparency: Held nearly 100 biweekly vote meetings, maintained detailed agendas and minutes, and introduced plans to publish vote briefs.
  • Ownership of FOX Supply & Tokenomics Data: Took full responsibility for tracking FOX circulating supply, emissions schedules, token burns, and incentive distributions, ensuring that all public data remains consistent, accurate, and compelling.
  • Community & Marketing Engagement: Worked directly with marketing to align FOX tokenomics messaging across discord, social media, shapeshift.com, coinmarketcap, coingecko, and elsewhere on the internet
  • Educational Leadership: Developed and maintained FOX Academy and ShapeShift documentation, ensuring that contributors, investors, and community members have access to the latest economic insights.
  • Facilitated Cross-Workstream Coordination & Contributor Morale:
    • Started and led ShapeShift Praise Hour to celebrate contributions, boost morale, and revive FOX Props in governance calls.
    • Spearhead Engineering Leadership Hiring Process, ensuring a smooth, efficient pipeline that meets everyone’s expectations as we see if different engineering workstream leader candidates are the right fit.
  • Dashboard Maintenance Overview: I actively maintain key dashboards that provide critical insights into ShapeShift’s financial and operational health. These dashboards support data-driven decision-making for the DAO and are accessible via ShapeShift’s Notion workspace and Flipside:
    • Runway Dashboard – Tracks operating expenses, funding, and burn rate.
    • Revenue Dashboard – Monitors all revenue streams and trends, including wallet sizes of different swaps, where we are getting our fees from (in terms of swap sizes), how many free trades are we giving away (and their volume).
    • LP Dashboard – Analyzes liquidity provisioning, adds and removes, across chains.
    • Swap Volume Dashboard – Analyzes the different swaps on the platform, what size wallets, what size transactions, how much volume Shapeshift is getting vs affiliate peers.
    • Treasury Dashboard – Provides a real-time view of treasury assets and transactions.
    • CRM Dashboard – Tracks user engagement, bps paid, free trades, high-volume trades, high-fee trades, and shapeshift users’ interactions with other affiliates.

Specifications

Key Performance Indicators (KPIs) – 2024

Operational KPIs:

  • :white_check_mark: DFC Training Process: 50% (Goal: 100% | Δ: +50%)
  • :white_check_mark: Multisig Training Process: 100% (Goal: 100%)
  • :white_check_mark: Consistent Stablecoins for Payroll: 100% (Goal: 100%)
  • :white_check_mark: Meeting DAO Obligations: 100% (Goal: 100%)
  • :white_check_mark: Partnership Evaluation (within 6 meetings): 100% (Goal: 100%)

Goal KPIs:

  • :white_check_mark: 12-Month Stablecoin Runway: Achieved 15 vs. Goal: 12
    (125% of target; Δ: -3)
  • :white_check_mark: DAO Obligations: rFOX distributions were days after the 15th planned (but before the 30th due date) twice due to technical issues.
  • :warning: Revamping Multisig Team: All SAFEs (EVM & Solana) are migrated. Thorchain & Cosmos still in migration.
    (75% of target)
  • :warning: Protocol-Owned Liquidity (PoL) on Arbitrum: $54k vs. Goal: $200k
    (27% of target; Δ: $146k short)
  • :warning: Protocol-Owned Liquidity (PoL) on Mainnet: $1.77M vs. Goal: $3M
    (59% of target; Δ: $1.23M short)

Not Met Goals:

  • :x: Yield Management: Deliberately avoided risky yield strategies to preserve capital.

Goals for 2025

Treasury & Financial Health

  • Maintain stablecoin reserves above $2M.
  • Extend financial runway to 18 months by December 2025.
  • Liquidity Goals:
    • Mainnet: $5M
    • Arbitrum: $150k

Revenue Optimization

  • Increase realized revenue to $100k/month (Stretch Goal: $150k/month).
  • Expand DeFi strategies to generate at least $50k/month (Stretch Goal: $75k/month).

Governance & Transparency

  • Host 12+ DFC meetings per quarter, creating agendas, presenting, and following up on items related to DAO Finances.
  • Publish briefs summarizing major votes and decisions.

Ecosystem Partnerships & Token Utility

  • Evaluate 1 DAO partnerships per quarter (Stretch Goal: 2).
  • Launch 1–2 token utility experiments per quarter.

FOX Token Data & Market Positioning

  • Maintain accurate FOX supply and tokenomics data, ensuring clear and up-to-date reporting across all DAO content.

Community & Contributor Engagement

  • Sustain and expand Praise Hour & FOX Props to keep community engagement high.
  • Facilitate cross-workstream collaboration

Budget & Compensation

Discretionary budget (travel for conferences, money for transcription software for meeting minutes, other tokenomics related things that are small and monthly in nature ($5,000 USDC)

Rayyyk budget (for maintaining dashboards): $10,000 spent in $100 /hr increments, 50% FOX, 50% USDC

ProfMcCarthy (Workstream Lead, Full-Time)

  • Compensation: $17,000/month (Paid 100% in FOX tokens)

Annual Total: $219,000 total; $209,000 (in FOX tokens); $10k in USDC

Key Notes on Compensation:

  • No stablecoin burden: This renewal does not impact the stablecoin treasury, as all compensation is in FOX.
  • Competitive DAO market pay: Compensation aligns with market comps. ProfMcCarthy has taken the same pay since he started this role ($14k) with no pay increases during the year and a half since he’s led the Tokenomics workstream. This increase reflects expanded responsibilities taken on by both the tokenomics workstream as part of the DAO and Profmccarthy in leadership.
  • Long-term DAO alignment: Since compensation is FOX-based, incentives are fully aligned with the DAO’s success.

:white_check_mark: Benefits

  1. Strong Leadership in Governance: Leads twice-weekly DFC meetings, ensuring structured discussions and decision-making.
  2. Efficient Vote Management: Spearheads DFC votes, drafts agendas, and ensures follow-ups for seamless execution.
  3. On-Demand Treasury & Tokenomics Expertise: Provides real-time answers to DAO members regarding treasury and tokenomics.
  4. FOX Tokenomics Data & Market Positioning: Maintains accurate FOX supply, emissions, and economic data, ensuring consistency across all platforms.
  5. No Stablecoin Burden: Compensation is 100% in FOX, preserving the DAO’s stablecoin reserves while aligning incentives with DAO success.

:warning: Drawbacks

  1. FOX Fund Allocation Concerns: Some may question whether this is the best use of DAO FOX reserves.
  2. Ambitious Targets: While key goals are outlined, execution may require additional resources or partnerships to ensure success.
  3. High Responsibility Load: The wide scope of responsibilities may raise concerns about workstream bandwidth and the need for delegation.

Vote

  • For: Approve the Tokenomics Workstream renewal for Q2 2025-Q1 2026.
  • Against: Reject the renewal, discontinuing the Tokenomics Workstream.
  • For with Changes: Approve the renewal with modifications.

Cast your vote as “For,” “Against,” or “For with Changes.”

2 Likes
2

Thanks for proposing this renewal! I support it, and while the goals are ambitious, I believe they are achievable if market conditions allow.

I’m impressed by how you’ve reinvigorated the DFC and improved the rigor in record-keeping and tracking our financial inputs and outputs. It’s certainly a team effort within the DFC, but you’ve clearly led and managed these initiatives successfully from my perspective. Thank you for your contributions to the DAO, and I hope we can continue collaborating over the next year!

1 Like
3

Oh I think we’re missing a link to the Ideation Snapshot vote for this proposal’s Ideation so here it is :smiley:

2 Likes
4

(yes almost verbatim copy from product post eheh)

not sure about wordage.

only part that bugs me

is the raises.

and i have both minds so this isnt a… foot stomp(?)

one hand. raises of 13% suck. we gained roughly 20% in revs. but if eveyrone goes up 13% … we gain 7% overhead?

other hand. the retention is important. ie keeping up with the market as best we can.

so to me. we aren’t in the perfect position either way.

I do greatly appreciate all the stuff prof does. going further and further into the weeds on so many levels. so is this warranted on its own? likely.

i just dont have to like it overall :wink:

2 Likes
5

no specific ask. its my ‘abstain’

1 Like
6

Well, I would like to convert you to a “for”.

How about this?

Instead of $14k-$17k, $14k->$15.5k a month, $7k in usdc

Tokenomics takes DFC into the tokenomics workstream formally, having DFC members direct reports and maintain DFC autonomy (meaning tokenomics doesn’t control DFC and DFC votes are still binding and tokenomics workstream leader is only 1 vote of >3 votes (quorum)

In addition, the following goals:

  1. Increase demand curve for fox token
    Show a significant increase in new fox token holders (base 20%, stretch 50%)
    Show increased activity on the platform of fox token holders (base 10%, stretch 10%)
    Show an increase in conversions of platform users to fox token holders (base 10%, stretch 15%)

  2. Deploy lending pool and enable fox as collateral for loans (depth of >$100k)

  3. Learn solidity and deploy smart tokenomics tranching contracts (automate treasury operations such that net profits go to specific keys that have specific instructions and committees assigned to them–more details to follow)

About the comp increase:

  • aligns with the cost of living adjustment/inflation as this pay hasn’t been updated since Kent’s inception as workstream leader in 2021
  • aligns with the increased workstream workload since its inception. Since my tenure, this workstream has added: agendas, meeting minutes, liquidity analysis, treasury holdings analysis, revenues analysis, competitive analysis, risk frameworks, runway spreadsheets and reports, listening to community feedback, user activity analysis on the platform, as well as user activity analysis of the token holders.
  • aligns with a PhD level role with 5+ years of experience
  • reflects the added funds necessary to retain and save for legal representation as I am overseeing what is intrinsically a legally nebulous and rife area for quandries and situations that put my company at an abnormal level of legal exposure
2 Likes
7

I support these edits and this proposal.

2 Likes
8

Feels like something you cant control. you cant even try for… you going to start marketing now?

We’ve done lending. it hasnt ended well. seems a huge risk.

(and this is also why strategy should be outside of the WSL proposals.)

learn to…program? and your going to deploy smart contracts?
(and this sounds even more risky to me)

(i mentioned these directly, but figured maybe someone else could inform me i was wrong and this might work?) i just dont see it :slight_smile:

3 Likes
9

Dont get me wrong…

your doing an awesome job , love ya for it. keep pushing.

i just dont want to see you, the ws, nor the dao go off into the wilds and get eaten by the head hunters.

2 Likes
10

Thanks for getting this up. I agree that you have done an awesome job with the revitalization. I do believe there some items here that could use some refinement or that are possibly missing that should be present based on current strategy.

  • Refine goal specific to ‘host 12+ DFC meetings per quarter’ this goal on the minimum side is 50% of the meetings that are held. Would recommend increasing the goal to be 18-20+ as this would still allow for vacation, personal, and sick time, not including major US holidays which were taken into consideration with the recommendation and would be more in alignment with previous years activity.

  • Refine abstract specfic to fee revenue as $60-300K is a larger spread which did have some anomalous activity during some months, which also led to the set backs. Possibly look at averages for both set of data and determine a reasonable growth number from their while focusing on stability.

  • Missing any mention of diversification of treasury, including blue chips of BTC and ETH, as well as the diversification of stablecoins.

4 Likes
11

Pretty sure this supercedes another proposal in which case that needs to be included, probably at the outset? I refer to our proud governance Karen @Fireb0mb1 for the encyclopedic knowledge.

also by “direct reports” you mean DFC members are directing their own actions or they are now directly reporting to you?

Clarifying that merging your role with the DFC I think makes sense eventually, but it’s strength is in community consensus and rolling it up is premature. The expectations, boundaries, separation of responsibilities, and work breakdown of it’s members needs attention. Extra focus before sending it to final vote would make a world of difference.

Perhaps just serving as the steward of the DFC and putting up a clear boundary on the expectations there with DFC is best. Then a DFC renewal with renewed focus, goals, and all those extra pieces?

Hell yeah, this should be the main goal for the DFC in general. FOX holders will appreciate nerdy research on how to get FOX out of the dumpster.

I’ve said it in 1:1s and calls but I think crystallizing the DFC dual mandate is worthwhile:

  1. Make FOX an asset people want
  2. protect, diversify, maintain, and steward the DAO’s treasury and runway.

Everything else is problems 3-100

2 Likes
12

It does, and to be honest I didn’t understand that potential modification as making the DFC members contributors of the Tokenomics Workstream at first, so definitely clarifying this would be better with the proper mention of the superseded proposals and the scope if that’s the intent.

I’m not sure what the benefits of this change would be honestly, having the DFC as a separate/non-Workstream entity always felt like a wise choice (no fire/hire power except by the FOX holders (or a DFC majorty against 1), no single leader to decide of what to ultimately do with the AUM).

As @0xFBL suggested, if you want to describe this added responsibility of being the steward of DFC meetings/record keeping to justify a raise in compensation it would be a far better formulation, with much less governance implications.

EDIT: There is clearly an overlap between Tokenomics and the DFC, but maybe if your workload in the DFC is more than other committee members then the compensation raise should be effected there… not through the Workstream which blurs the line more in my opinion. To me that separation makes it clear the WS Leader has no leverage over the committee members when it comes to their compensation. And I get that you’ve explained the scope would be limited, but I still don’t understand the advantages of this change for the DAO.

1 Like
13

Proposal in its final version:

SCP-192: Tokenomics Workstream Renewal (Q2 2025 - Q1 2026)

Term: March 1, 2025 - February 28, 2026

Summary

This proposal seeks to renew the Tokenomics Workstream for a full-year term, ensuring the DAO’s financial resilience, governance efficiency, revenue optimization, and FOX tokenomics strategy. Over the past year, ProfMcCarthy has led substantial improvements in treasury management, governance transparency, and revenue modeling, while ensuring data accuracy and visibility across ShapeShift’s ecosystem.

The DAO Finance Committee (DFC) will continue in its current form, ensuring structured oversight of ShapeShift’s financial strategy and maintaining DAO-wide fiscal responsibility.

Key Focus Areas for 2025:

:white_check_mark: Treasury & financial health – Stability, diversification, and PoL growth
:white_check_mark: Revenue optimization – Fee model refinements and DeFi strategy expansion
:white_check_mark: Governance efficiency – Improved vote execution and transparency
:white_check_mark: FOX tokenomics & demand strategy – Token utility experiments and adoption growth
:white_check_mark: Automation & smart tokenomics – Deploying contracts for automated treasury operations

Motivation

The Tokenomics Workstream is responsible for:

:green_circle: Core Tokenomics Responsibilities (Falls directly under tokenomics and should remain the primary focus)

:moneybag: Treasury & Financial Stability

  • Maintain $2M+ stablecoin reserves and extend the financial runway to 18 months
  • Increase Protocol-Owned Liquidity (PoL) (Mainnet: $5M, Arbitrum: $150k)
  • Diversify the treasury into BTC, ETH, and stablecoins

:chart_with_upwards_trend: Supporting DFC Revenue Optimization & Growth

  • Support plans to increase monthly DAO revenue to $125k+ (Stretch Goal: $250k/month)
  • Support plans to expand DeFi yield strategies to generate $30k+ per month (Stretch Goal: $50k/month)
  • Maintain revenue dashboards tracking ShapeShift’s trade volumes, fee sources, and LP contributions. (Generate greater insights, descriptions, and comprehensive dashboards that tell a story.)

:balance_scale: Governance & Transparency

  • Host 18-20+ DFC meetings per quarter (to align with past activity while allowing for time off)
  • Publish monthly karpatkey-esque financial reports (once DeFi actions start)
  • Provide weekly Friday treasury updates
  • Ensure proper execution of multisig transactions & training processes

:bar_chart: FOX Tokenomics & Market Positioning

  • Own all FOX supply, emissions, and tokenomics data
  • Launch 1-2 FOX utility experiments per quarter to improve use cases
  • Increase FOX adoption and user engagement through incentive-based strategies

:hammer_and_wrench: Automation & Smart Tokenomics Development

  • Learn Solidity fundamentals & collaborate with engineering
  • Deploy smart tokenomics contracts for automated treasury operations
  • Treasury profits allocated to specific wallets with pre-set instructions and governance oversight

:yellow_circle: DAO-Wide Initiatives That Impact Tokenomics (Needs DAO collaboration but influences tokenomics strategy)

:zap: FOX Lending Pool Feasibility

  • Pursue partnerships to enable FOX as collateral for DeFi lending markets

  • Conduct risk modeling and feasibility analysis for a potential FOX-backed lending pool

  • Pursue partnerships to enable FOX as collateral for DeFi lending markets.|

  • Conduct risk modeling and feasibility analysis (ensuring alignment with FOX demand goals, but recognizing that execution & integrations will require external partnerships beyond tokenomics workstream’s scope.)|

  • Clarify if lending pools will serve as a revenue source or solely as a utility driver.

(Execution & integrations will require external partnerships beyond tokenomics workstream’s scope)

:loudspeaker: Marketing & Public Reporting of FOX Tokenomics

  • Ensure FOX tokenomics messaging is accurate & aligned across external platforms (CMC, Coingecko, website)
  • Provide data & insights for marketing campaigns (Execution owned by the DAO’s marketing team)

:busts_in_silhouette: Community & Governance Participation

  • Continue to support community and governance participation efforts (e.g., Shapeshift Praise Hour, opening DFC meetings to the public and treating everyone with kindness and respect)
  • Encourage FOX holder engagement through structured incentive programs (Execution owned by governance & community teams, not tokenomics)

Abstract

Under ProfMcCarthy’s leadership, the Tokenomics Workstream has:

:bar_chart: Treasury & Revenue Management

  • Increased stablecoin reserves from <$300k to $2.6M
  • Improved DAO fee models & DeFi integrations, growing monthly revenue from $5k-$10k (late 2023) to $40k-$70k (late 2024)
  • Ensured consistent payroll amid market and volume volatility

:balance_scale: Governance & Transparency

  • Hosted 80+ biweekly DFC meetings
  • Increased tracking, specifics, and execution timing of multisig transactions
  • Developed processes for multisig transactions to ensure that the DAO hasn’t lost any funds in the last year

:chart_with_upwards_trend: FOX Tokenomics & Data Management

  • Took full ownership of FOX supply, emissions schedules, token burns, and incentive distributions
  • Ensured public tokenomics data consistency across all DAO-facing platforms

:bar_chart: Dashboard Maintenance & Data Analytics

  • Treasury, Revenue, LP, Swap Volume, and Market Positioning Dashboards
  • Automated financial reporting for real-time decision-making

Specifications

Goals for 2025

:pushpin: Treasury & Financial Health

  • Maintain $2M+ stablecoin reserves
  • Extend financial runway to 18 months
  • Grow Protocol-Owned Liquidity (PoL):
    • Mainnet: $5M
    • Arbitrum: $150k

:chart_with_upwards_trend: Revenue Optimization

  • Increase DAO revenue to $100k+/month (Stretch Goal: $150k/month)
  • Expand DeFi strategies to generate at least $50k/month (Stretch Goal: $75k/month)

:balance_scale: Governance & Transparency

  • Host 18-20+ DFC meetings per quarter
  • Provide weekly Friday treasury updates
  • Publish > one social media thread related to tokenomics per week
  • Publish major vote briefs & financial updates
  • Coordinate with other WS leaders and community regarding important developments

:rocket: FOX Token Utility & Adoption

  • Increase FOX holders by 20% (Stretch: 50%)
  • Increase FOX holder activity on ShapeShift platform (Base: 10%, Stretch: 10%)
  • Increase conversion of ShapeShift users into FOX holders (Base: 10%, Stretch: 15%)
  • Launch 1-2 token utility experiments per quarter

:hammer_and_wrench: Smart Tokenomics & Automation

  • Deploy smart contracts for treasury automation
  • Learn Solidity & collaborate with engineering on tokenomics automation

Budget & Compensation

:pushpin: Total Budget: $198,000/year

Workstream Lead (ProfMcCarthy):

  • $15,500/month
    • $7,000 in USDC
    • $8,500 in FOX

Additional Budget:

  • Rayyyk (Dashboard Maintenance): $10,000 (50% FOX, 50% USDC)
  • Discretionary Budget: $5,000 USDC

Voting Options

:green_circle: For: Approve the renewal
:red_circle: Against: Reject the renewal

14

:bar_chart: Key Performance Indicators (KPIs) for SCP-192

:pushpin: Core Tokenomics KPIs (Directly Under Tokenomics Workstream)

:moneybag: Treasury & Financial Stability

  • :white_check_mark: Maintain a stablecoin reserve of $2M+ at all times
  • :white_check_mark: Extend financial runway to 18 months by the end of the term
  • :white_check_mark: Increase Protocol-Owned Liquidity (PoL):
    • Mainnet: $5M (Stretch Goal: $6M)
    • Arbitrum: $150k (Stretch Goal: $250k)
  • :white_check_mark: Diversify treasury holdings with at least 5% BTC and 10% ETH by Q4 2025

:chart_with_upwards_trend: Revenue Optimization & Growth

  • :white_check_mark: Increase DAO revenue to $125k+/month (Stretch Goal: $250k/month)
  • :white_check_mark: Generate at least $30k/month from DeFi yield strategies (Stretch Goal: $50k/month)
  • :white_check_mark: Maintain and improve revenue dashboards, ensuring weekly insights are shared in the Friday treasury updates
  • :white_check_mark: Identify & implement at least 2 new revenue streams for ShapeShift DAO by Q3 2025

:balance_scale: Governance & Transparency

  • :white_check_mark: Host at least 18-20+ DFC meetings per quarter (ensuring continued governance efficiency)
  • :white_check_mark: Publish 12+ Karpatkey-style financial reports (one per month once DeFi strategies are implemented)
  • :white_check_mark: Provide weekly Friday treasury updates (52 updates per year)
  • :white_check_mark: Ensure 100% of all multisig transactions are properly executed and documented
  • :white_check_mark: Train at least 3 new multisig signers to improve redundancy and security

:bar_chart: FOX Tokenomics & Market Positioning

  • :white_check_mark: Increase FOX holders by 20% (Stretch Goal: 50% growth in unique holders)
  • :white_check_mark: Increase FOX holder activity on the ShapeShift platform by 10% (Stretch Goal: 20% increase in swaps & engagement)
  • :white_check_mark: Increase conversion rate of ShapeShift platform users into FOX holders by 10% (Stretch Goal: 15% increase in conversions)
  • :white_check_mark: Launch at least 1-2 FOX token utility experiments per quarter (total: 4-8 experiments in 2025)

:hammer_and_wrench: Automation & Smart Tokenomics Development

  • :white_check_mark: Deploy at least one smart contract for automated treasury operations by Q3 2025
  • :white_check_mark: Learn Solidity fundamentals and complete at least one small-scale smart contract implementation in collaboration with engineering
  • :white_check_mark: Ensure treasury profits are allocated via governance-approved smart contract mechanisms with DAO override capabilities

:yellow_circle: DAO-Wide KPIs (Requires Cross-Workstream Collaboration)

:zap: FOX Lending Pool Feasibility

  • :white_check_mark: Establish at least one partnership for FOX as collateral in a lending market (or alternative DeFi utility if lending is infeasible)
  • :white_check_mark: Conduct at least one full risk modeling & feasibility analysis report on FOX-backed lending pools
  • :white_check_mark: Clarify whether FOX lending pools will serve as a revenue source or a utility driver by Q2 2025

:loudspeaker: Marketing & Public Reporting of FOX Tokenomics

  • :white_check_mark: Ensure FOX tokenomics data is updated across CoinGecko, CMC, and ShapeShift’s website at least quarterly
  • :white_check_mark: Provide at least 2 major tokenomics reports or case studies for marketing efforts in 2025
  • :white_check_mark: Contribute insights for at least one ShapeShift-sponsored community marketing campaign focused on FOX adoption

:busts_in_silhouette: Community & Governance Participation

  • :white_check_mark: Increase FOX governance participation rate by 10% by Q4 2025 (Stretch Goal: 20% more FOX holders engaging in votes)
  • :white_check_mark: Ensure at least 3 structured incentive programs are tested for improving FOX engagement (in coordination with the governance team)

:bar_chart: Summary of KPI Targets

Category Base KPI Stretch Goal
Treasury Stability Maintain $2M+ stablecoin reserves Extend reserves beyond 18-month runway
PoL Growth (Mainnet) $5M $6M
PoL Growth (Arbitrum) $150k $250k
Revenue (Monthly) $125k+ $250k+
DeFi Yield Strategies (Monthly) $30k+ $50k+
FOX Holders Growth +20% +50%
FOX Activity on Platform +10% +20%
ShapeShift User → FOX Holder Conversion +10% +15%
Token Utility Experiments 1-2 per quarter 8 per year
Lending Pool Partnership 1 secured 2 secured
Governance Participation Growth +10% +20%
Multisig Signer Training 3 trained 5 trained
Smart Contract Deployment 1 automated treasury contract 2+ contracts with full automation

These KPIs align directly with the proposal’s goals while ensuring clear, measurable, and trackable objectives for treasury health, revenue, governance, FOX adoption, and automation progress. :rocket:

15

that seems out of purview. ?

i dont like the treasury profits allocated via gov approved smart contract mech with dao override capabities?
whats the plan? 1 to vague for me. i dont trust smart contracts. your going to risk all the profits of the DAO to do what?

i am 100% against shapeshift setting up a lending platform.

using fox as collateral in someone elses platform… is ok.
hasnt worked the last few times its been done. but /shrug
aagave? or another a one is still active. (they shut off the fox setup tho)

not sure about the 3 structured incentive programs being tested is about.
(you talking LP’s , and we already have 2?)
whats the gov team?

Summary of kpi’s
(thanks for this)

Rev monthly wow. that would rock. (kpi’s so is this just stuff your going to report, as i thought kpi’s is stuff you are saying you plan on happening, and its your fault if it doesnt?)

16

another example of seperation for the wsl setup,
vs the plans that are wanted to put forth.

i would gladly vote yes, for the ws to continue with you as leader.

but 1/2 the plans i totally disagree with.

17

Thanks for the changes, I still support this proposal!

Under Motivation:

Under Specification:

There’s an inconsistency here in the forum posts. In the KPI post after you repeat the numbers under “Motivation”, but in the actual proposal on Snapshot it’s the numbers from “Specification” :thinking: That’s what people will vote on ultimately, but I you should make it consistent across your two last forum posts for the sake of clarity in my opinion.

It’s again (still) a quite ambitious goal but I think we can do it if the market conditions allow it. It’s written as a Tokenomics WS goal but I see this more as a DAO goal that involves all Workstreams, so I’m not sure what kind of accountability can really be derived from it (for successes or failures) for Tokenomics, but I figure it doesn’t hurt to have it defined here for the DAO.

1 Like
18

Oh also any reason why your proposal isn’t using Shutter (Shielded voting) to hide votes until the end of the voting period?

I thought it was applied automatically to votes in the main space, maybe an issue with the space configuration after last week’s Snapshot mishaps @Giantkin ?

1 Like
19

yes, to get the first ideation to work things got wonky, but it just needs to be readded, ill work on this after the proposals are done ( hate making any changes when stuff is running)

1 Like
20

OK, thx!

Just to make sure you’re talking about adding back Shielded voting on the main space? It’s not desirable on Ideation proposals, seeing “Yes, with changes” votes cast before the vote ends is useful to the process of refining the proposals in my opinion.

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