HAUS Rewards Proposal

Submitted April 13, 2021 to UberHaus Delegate Mtg #1

Overview

Creating incentives is important to support the price of the HAUS token, keep people engaged in the HAUS ecosystem, and, especially, encourage active participation in UberHaus governance. To that end, we are proposing:

1. We commit another 3,600 HAUS to the LP and HAUS farms for next month and
2. Commit 10,200 HAUS towards governance rewards.

Proposal Details

Refreshing the Farms

The two Farms, HAUS / xDAI LP and HAUS, have been pretty successful. The LP pool holds over 60,000 LP tokens and the HAUS pool holds over 135,000 HAUS. The APY for the LP pool is around 100% and the HAUS pool is around 9% (though doesn't have any risk of impermenant loss).

Continuing to offer rewards for these pools will be essential for stablizing the price and preventing more market dumps. In order to increase the participation slightly, we recommend an increase to the month 2 incentives.

ASK:

• 1200 HAUS for the HAUS staking Farm Mon 2
• 2400 HAUS for the HAUS LP staking Farm Mon 2

Governance Mining Rewards

A thriving UberHaus is essential for the HAUS ecosystem. In order to incentivize DAOs to participate in UberHaus governance, we think providing a substantial HAUS reward to those DAOs who show up to meetings and vote is the best way of accomplishing this task. A secondary benefit is that a governance incentive system will discourage smaller DAOs from ragequitting HAUS to sell on the market.

ASK

• 200 HAUS for governance rewards experiments
• 10,000 HAUS for Year 1 rewards (2,500 HAUS distributed to DAOS each quarter)

Rules for DAOs to get HAUS

• Must have a representative attend 2/3 mtgs each quarter
• Must vote on 50% of proposals during a quarter
• Must not ragequit more than 50% of your shares

DAO Distribution Method

• HAUS gets distributed each quarter based on 2,500 * (your DAO shares / total shares eligible for rewards)

Success Metrics

• Have over 30 DAOs regularly participate in governance over the first year.
• Have over 100 HAUS holders participate in each Snapshot vote.
• Only 10 DAOs ragequit from UberHaus over the nextyear