[PIP #18] - Adjusting Penpie Revenue Allocation for Operational Sustainability

Penpie 4. Penpie Improvement Proposal
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Abstract

This proposal suggests modifying the current allocation of Penpie’s revenue stream to support operational sustainability. Currently, 5% of the PENDLE revenue is allocated to the Penpie Treasury for mPENDLE buybacks. Instead, we propose repurposing this allocation to cover operational expenses. Additionally, this proposal introduces a 5% fee on bribes to further support Penpie’s operational costs. These changes aim to enhance the financial sustainability of Penpie while maintaining long-term ecosystem growth.

Motivation

Penpie’s operational efficiency and sustainability are crucial to its long-term success. As Penpie continues to scale, ensuring stable funding for core operations is necessary to maintain growth, development, and ongoing improvements.

Operational expenses are a significant and recurring cost for Penpie. For instance:

  • Ethereum Pool Registrations: Each new Penpie pool registration on Ethereum costs between $100 and $300, and we are registering approximately 2 to 3 pools on a weekly basis.
  • Security Audits: To maintain high standards of security and trust, each audit costs around $10,000, with plans to secure 2 audits per feature release.

By redirecting the 5% PENDLE revenue allocation from mPENDLE buybacks to cover these operational expenses, we ensure that necessary investments—ranging from routine pool registrations and rigorous security audits to ongoing development and team expansion—are sustainably funded.

Additionally, the introduction of a 5% fee on bribes will establish an alternative revenue stream that further alleviates financial constraints. This adjustment is essential for maintaining a balance between incentivizing ecosystem participants and ensuring the long-term development of Penpie.

These adjustments align with Penpie’s commitment to sustainability and ensuring the ecosystem continues to thrive by balancing incentives with financial health.

Specification

  • Repurpose the current 5% PENDLE revenue allocation from mPENDLE buybacks to covering operational expenses.
  • Introduce a 5% fee on bribes to generate additional funding for operational costs.

This proposal ensures Penpie remains financially sustainable while continuing to deliver value to its stakeholders.

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建议提案增加以下两点：

  1. 公示机制。就是按周期公示出来这部分资金的金额和去向，这样一方面增强项目收支透明度，另一方面为后续可能的费用调整做准备。
  2. 更多承诺。需要针对社区关心的更多事项作明确承诺，比如社区强烈反映的改善前端体验，优化dashbord功能等。