<aside> ❓ - add the extra FOX from treasury that then comes back to the DAO line (or loop) diagram at the bottom of this doc ( consider paths for “if no revenue” or “if no staking” or “if no more fox)

</aside>

<aside> 🐛 Crawl, walk, run ← what is the minimum viable part of this that we can test? consider a june-september run for rewards based on an allocated revenue budget of ($x)

</aside>

*Walked through this during the Rewards meeting on October 8th at 10am MT

Goal

Leverage FOX Token incentives to drive desired user behavior, make ShapeShift the best way to use protocols and/or services, distribute FOX Tokens equitably to community, and bootstrap network effects.

Notes:

  1. Anyone can sell free pizza, and giving away free crypto is a risky business.
  2. Rewarding crypto to community members that add value is viral and scalable.
  3. Distributing/claiming rewards costs tx fees
  4. Right now, the DAO has a lot of FOX Tokens that FOX Token holders can allocate to increase the overall value of the treasury.

Not goals

Proposed model

  1. User utilizes a protocol or crypto service through ShapeShift that generates affiliate revenue for the DAO (Yearn, y.at, Perp, OnJuno, Merch, 1inch or CowSwap) ; If there is no affiliate partnership, there is no FOX reward

  2. DAO rewards up to the equivalent amount of FOX to the user (if DAO earns 1 DAI, user earns 1 DAI worth of FOX)

  3. FOX Token holders can choose to do whatever they want with the revenues generated, including buying back FOX to sustain this program