I would like to give value to FT and the WRT token through utility. They need transparency and clear information to make investment decisions and more so if it is long term. I propose that the Wingriders team implement without further delay the proposal approved in DAO to reward WRT holders with part of the commissions paid in the DEX with each swap. I propose that these rewards be driven by FT as follows: gold x1.15, silver x1.10, bronze x1.05. This would give utility to WRT tokens beyond the inflation of agricultural rewards that are limited in time and also to FT by having utility in the long term as well.
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I like the idea of having updated utilities in the first rider FT and also the tiered approach.
Is the x1.15/1.10 etc. a multiplier towards the allocated fees you earned by holding WRT?
So in your vision, holding a gold FT you would get 15% bonus fee ontop of your earned allocation holding WRT?
So lets say, you hold 10000 WRT and get 100 ADA allocated of your fee cut, the gold FT in your wallet would up that 100 ADA to 115 ADA?
If so, there would be a need to get the 15 ADA from somewhere - if from the allocated tokens, every other holder would get less (lets say for simplicity 99 ADA for their 10000 WRT (given there would be 15 other holder).
Is this the system, you propose?
Another way of doing so would be a second cut only for FT where holding an FT would give you a percentage of the second pool whitout touching the pool for the WRT holders - maybe the math would be easier this way?
The first approach is the correct one. Let’s say for the sake of simplicity that there were only 2 holders holding 10,000 WRT each. The first one with gold FT and the second one without FT. There are 200 ADA to be distributed. 200 ADA would have to be divided into 215 parts. The one with gold FT would get 115 parts and the one without FT would get 100 parts.
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