# \[MIP #91\] - Support Optimize mLISTA Revenue Allocation, Treasury Authority, and vlLTP Governance Parameters

**URL:** https://gov.magpiexyz.io/t/mip-91-support-optimize-mlista-revenue-allocation-treasury-authority-and-vlltp-governance-parameters/755
**Category:** 4. Magpie Improvement Proposals
**Created:** [January 9, 2026, 11:56pm UTC](https://gov.magpiexyz.io/t/mip-91-support-optimize-mlista-revenue-allocation-treasury-authority-and-vlltp-governance-parameters/755 "2026-01-09T23:56:34Z")
**Posts on this page:** 2
**Page:** 1

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### Author: ![Lego](https://yyz1.discourse-cdn.com/flex031/user_avatar/gov.magpiexyz.io/lego/32/78_2.png) [@Lego](https://gov.magpiexyz.io/u/Lego)
#### Post date: [January 9, 2026, 11:56pm UTC](https://gov.magpiexyz.io/t/mip-91-support-optimize-mlista-revenue-allocation-treasury-authority-and-vlltp-governance-parameters/755/1 "2026-01-09T23:56:34Z")

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## Abstract

vlMGP holders are deciding whether Magpie should support Listapie’s governance proposal [LIP #06] in the Listapie ecosystem. The proposal adjusts the veLISTA revenue structure to allocate 50% directly to mLISTA holders and 50% to repurchase mLISTA from the market and deposit it into the Listapie treasury. It also authorizes treasury actions, establishes team fee parameters, and updates vlLTP governance settings.

## Motivation

Magpie holds governance power in the Listapie ecosystem and must consult vlMGP holders to determine how Magpie should vote on [LIP #06]. The external proposal’s stated intent is to optimize revenue distribution and governance by supporting long-term mLISTA peg stability through buybacks, strengthening treasury growth and resilience, improving user liquidity via unlock changes, and formalizing a predictable treasury-driven model for LTP and team fee standards.

## Specification

vlMGP holders are voting on whether Magpie should support [LIP #06]. If approved, Magpie votes Support/For; if not approved, Magpie votes Do not support/Against.

**The vote covers the following external parameters:**

- veLISTA revenue split (50% to mLISTA holders, 50% to mLISTA buybacks deposited to treasury)
- team fees (0.042% monthly management fee on veLISTA market value and 5% performance fee on veLISTA revenue, paid monthly by treasury)
- treasury authorization for buybacks and liquidity (mLISTA and LTP)
- mLISTA staking revenue allocation (80% to vlLTP, 20% to LTP buybacks or liquidity)
- vlLTP governance updates (change unlock period from 60 days to 30 days, early unlock penalty set to 50% returned to treasury).

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<div class="post-metadata">

### Author: ![Lego](https://yyz1.discourse-cdn.com/flex031/user_avatar/gov.magpiexyz.io/lego/32/78_2.png) [@Lego](https://gov.magpiexyz.io/u/Lego)
#### Post date: [January 11, 2026, 6:50pm UTC](https://gov.magpiexyz.io/t/mip-91-support-optimize-mlista-revenue-allocation-treasury-authority-and-vlltp-governance-parameters/755/2 "2026-01-11T18:50:21Z")

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