Currently, there seems to community dissatisfaction with regards to how DIP-10 & DIP-9 were passed, as currently the only benefit of staking DRIFT is being able to reduce trading fees while additionally taking on the potential risk of bad debt through the DSM module.
Projects with similar mechanics for staking (such as AAVE) distribute a yield to stakers for bearing that risk as well as protocol benefit (reduced borrowing APY on GHO) while other perp dex’s (such as HyperLiquid) provide inflation style yield in addition to reducing trading fees.
Therefore, I’m looking for a temp check to distribute either a small % of protocol revenue past the mandated 1.5m USDC needed (per DIP-10) or provide some emissions (through the Ecosystem & Trading fund) or a hybrid of the two.
All thoughts and opinions are welcome 