It for sure makes it easier to be non-specific. I was up for the challenge though.
We’ve already extensively discussed it in the replies of your proposal, and I don’t mind you sharing the link here to promote it, but may I point out the following:
#2 of your proposal has been completely refuted with the data. Therefore I can’t take your proposal serious. It allocates disproportionately much to DCA, Limit, VA and Ape while allocating waaaaaaaay to little to Regular Swap and Perps. Here is why:
Swap volume = 344 Billion (47 times more than DCA & Limit combined)
- Swap volume = 344 Billion ($344,025,879,459)
- DCA volume = 5.7 Billion (60X times less than swap / 1.6% of swap volume)
- Limit volume = 1.7 Billion (191X times less than swap / 0.5% of swap volume)
- DCA & Limit combined = 7.4 Billion (47X less than swap / 2.1% of swap volume)
Nobody who honestly looks at above data would conclude that Limit Order & DCA (7.4 Billion / 2.1% of swap / 47X less) should get anything near the allocation of Swap volume (344B volume).
If the team would do it according to your proposal, swap & limit order users would unfairly get 47 times more allocation as regular traders / swap users!
The only fair approach here is to treat all volume (swap / DCA / limit) equal, and give a volume multiplier for special / new features (for example 1.5X or 2X multiplier.
Limit order volume 1.8 Billion
- Limit volume = 1.7 Billion (191X times less than swap / 0.5% of swap volume)
.
DCA volume 5.7 Billion
- DCA volume = 5.7 Billion (60X times less than swap / 1.6% of swap volume)
.
Swap volume 344.0 Billion
Swap volume = 344 Billion (47 times more than DCA & Limit combined)
- Swap volume = 344 Billion ($344,025,879,459)
In summary: Limit & DCA which have 47X less volume / only 2.1% compared to swap volume (7.4B volume compared to 344B).
These features clearly don’t deserve a 47X bigger allocation than swap volume. 96% of Jupiter users does not use the swap or DCA, and there is no clear additional benefit for Jupiter for them to do so.
The only fair approach here is to treat all volume (swap / DCA / limit) equal, and give a volume multiplier for special / new features (for example 1.5X or 2X multiplier.
AND
DCA, VA, LO and APE only represent around 1.3% of all Jupiter users (200,000 out of 15,000,000). The proposal therefore neglects 98.7% of regular traders.
The DCA and Limit orders are too nice specific to receive an equal allocation of 140M JUP relative to Swap volume which most people use. Only 1.3% of users is using the DCA or Limit order function, leaving out 98.7% of Jupiter users.
On Solana when people want to buy or sell a memecoin, they’ll just swap SOL for that coin or the coin back to SOL. DCA and Limit is a niche trading functions. There’s no specific reason to push or promote it that much. Most people don’t use it.
These ~ 200,000 traders only represent 1.3% or 1 / 77th of all 15.5 Million users. The other 98.7% of users is neglected in the proposal. Putting so much focus on DCA and Limit puts too much JUP in the hands of a 189,249 - 211,049 traders, disadvantaging regular swap users.