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``` | ||
DIP: <# to be assigned> | ||
Title: New Markets & Native APYs | ||
Author(s): Scott G <scott@devprotocol.xyz> | ||
Contributors: aggre (@aggre) | ||
Type: Informational | ||
Status: <Assigned by DIP Editor> | ||
Date Proposed: 2021-01-05 | ||
Date Ratified: <date created on, in ISO 8601 (yyyy-mm-dd) format> | ||
Dependencies: - | ||
Replaces: - | ||
``` | ||
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## References | ||
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## Sentence Summary | ||
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This proposal calls for New Markets (example: Research) to have their own native APY based on DEV staked and assets onboarded. | ||
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## Paragraph Summary | ||
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## Component Summary | ||
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## Motivation | ||
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This proposal also prevents the devaluation of work from different Markets, increases Market health, and creates Market APY arbitrage opportunity. | ||
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## Specification / Proposal Details | ||
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Currently, if a New Market is added to Dev Protocol the assets are lumped together. For a Market's creators this is detrimental because the work of one sector is not equivalent to the work of another. For example, a Youtube content creator vs. an OSS developer. Each Market should have its own Native APY to provide so that the APY places a value on the Market's creator's work. This proposal also prevents the devaluation of work from different Markets, increases Market health, and creates Market APY arbitrage opportunity. | ||
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### Overview | ||
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The feature will be implemented by creating a fork of the Dev Protocol for each New Market. | ||
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## Copyright | ||
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Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/). |