In order to maintain and expand to an expansive list of sidechains and layer two solutions, this proposal recommends that 2% from the 5 basis point fee bridged back to SushiBar be reserved under operational management.
The rationale for this operational fund stems from the need to acquire additional human, infrastructure resources, and align technical objectives. Currently bridging and converting the accumulated LP positions reserved for SushiBar are strategic actions. This operational fund allows for not only the expansion of relevant operational tools to scale these actions, but also ensure bridging is happening often and strategically amongst other ongoing initiatives.
To give a general example. On Polygon roughly 5 billion in volume has been generated over three months. An optimal process would bridge back 5 billion * 0.05% = $2.5m to the Sushibar over three months. Under this proposal, the operational fund would receive $2.5m * 2% = $50,000 over three months in accumulated LP positions - providing the necessary resources to maintain, build, and prioritize operational items necessary to achieve consistent and optimal bridging processes as well as expand incentive management operations to other chains (11 main nets and growing). Please note there are significant operational processes and products necessary to assume an optimal, if not above optimal, harvest of accumulated LP positions.
Additionally aligning the management fund with volume performance keeps the focus on further optimization while acknowledging operations scale somewhat exponentially with volume on a network. The management fund would alleviate some of those scaling challenges around human and infrastructural resources.
Furthermore this proposal recommends Ethereum mainnet be excluded from the proposed 2% management derivation as this remains a primary responsibility. Since expansion to all EVM and non-EVM compatible chains is not within the purview of primary responsibilities, such a operational fund can be appropriately applied to sustain such expansion organically.
The details of the proposal are open to be discussed and voted on by the community. Core team has discussed and set the proposed recommendations regarding percentage and applicable networks. Welcome any feedback to the recommendations that have been given.
- < 2%
- .> 2%
- All Networks
- All Networks except Ethereum Mainnet
- All Networks except Ethereum Mainnet and other Network