This revised proposal ratifies accountability metrics for the rFOX staking program, providing clear KPIs tracking its success and offering the community tangible goals. These metrics will ensure the program’s performance is transparently evaluated, enthusiastically marketed, and built on a solid foundation. It allows for robust monitoring, frequent evaluation and adjustment to stimulate the KPIs, and/or sunsetting if it fails to meet performance.
The ShapeShift DAO has already approved “SCP-166 an upgrade to FOX tokenomics” involving RUNE distribution and FOX token burns. This proposal builds on that foundation by implementing a robust set of Key Performance Indicators (KPIs) measuring the success of the rFOX staking program. By setting clear goals, we aim to drive community engagement, ensure effective use of resources, and foster a culture of accountability within the DAO. If the program is a smashing success, this proposal outlines the numbers qualifying that success. If the program underperforms over a defined period, it will be sunset, preventing resource drain on unsuccessful performance. We already made a dashboard for these for reporting at product office hours: Dune Dashboard.