Strategy Fee Upgrade

We should raise the strategies to receive 50% of our fees taken (with the other 50% going to our dev team), with the fees distributed re-purchased YFI (let them sell into dollars if they want–our dev team still receives yUSD).

Metaphor for how to distribute strategy fees: quadratic funding applied to a pooled jar.

Each strategist receives their share of the fees proportionate to the square root of the revenue they generated to the fees. This way, the best strategists still win, but it also encourages competition from strategists to explore new strategies via subsidizing these new strategies before they grow.

We need to focus on incentivizing the best talent in the world to help us build our global hedge fund.

One Love,