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AIP 80: DeFi Integration KPI incentives #82

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Koploseus opened this issue Dec 26, 2022 · 2 comments
Open
8 tasks

AIP 80: DeFi Integration KPI incentives #82

Koploseus opened this issue Dec 26, 2022 · 2 comments
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@Koploseus
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Koploseus commented Dec 26, 2022

Summary

  • This AIP defines several KPI metrics to track AirSwap DeFi integrations
  • A total of 850K $AST is requested over the next 6 months as KPI incentives
  • KPI incentives are paid out only if the respective KPIs are met
  • Boost AirSwap volume
  • Increase AirSwap volume through different aggregators
  • Koploseus will be the project manager for the integrations

Specification:

Koploseus proposes to be a project manager for DeFI integrations over the next 6 months. This will include new DeFi protocols and new Market Makers integrating AirSwap. Koploseus will be responsible for providing timely updates and acting as the point-of-contact for any DeFi integration request.

KPI metrics (daily swap volumes averaged over past 30 days across all supported networks)

  • At least $5M daily swap volume - 25K $AST
  • At least $2M daily swap volume originating outside MM Swaps - 25K $AST
  • At least $10M daily swap volume - 50K $AST
  • At least $3M daily swap volume originating outside MM Swaps - 50K $AST
  • At least $15M daily swap volume - 100K $AST
  • At least $5M daily swap volume originating outside MM Swaps - 100K $AST
  • At least $30M daily swap volume - 250K $AST
  • At least $10M daily swap volume originating outside MM Swaps - 250K $AST

Total requested: 850K $AST

Upon successful delivery of these KPIs, the project manager (Koploseus) will raise a payout request from the Treasury showing proof of completion. The payout request must state the total amount requested, as well as the allocation among the various Contributor addresses.

AirSwap Ops will review the request and distribute the KPI incentives once satisfied that the KPIs are met. In case the KPIs are not met, the allocated $AST remain in the treasury, pending a new AIP to update the KPIs

Rationale

With various projects ongoing in AirSwap DAO, it is difficult to coordinate and prioritise resource allocation. A task force will be created to handle all AirSwap DeFi integration and focus on generating more volume. By generating more volume, the DAO will be able to choose between using the protocol fees to pay contributors or to spend the treasury funds.

The main mission of the task force is to promote the adoption of AirSwap protocols within the DeFi ecosystem and generate more revenue for the community. The KPIs will also help the DAO to keep track of project delivery and ensure that our Treasury is only spent upon successful delivery of each project.

Copyright

All proposals are public domain via CC0

@agriimony
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can we add a short line to specify that the KPI will be calculated across all chains?

e.g.

KPI metrics (daily swap volumes averaged over past 30 days across all supported networks)

@Koploseus
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can we add a short line to specify that the KPI will be calculated across all chains?

e.g.

KPI metrics (daily swap volumes averaged over past 30 days across all supported networks)

Update done

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