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Active SIP-7 BNB Chain

Q2 2026 Protocol Revenue
Allocation Proposal

This proposal defines how StandX protocol revenues earned during Q2 2026 will be distributed across DUSD yield, Vault participants, liquidity incentives, and the treasury reserve. Voting power is weighted by your DUSD holdings and Vault LP positions.

Proposed by StandX Core Team
Start date Mar 28, 2026 — 00:00 UTC
End date Apr 4, 2026 — 00:00 UTC
Total votes 8,241,930 DUSD
8.24M
Votes Cast (DUSD)
73%
Quorum Reached
1,847
Unique Voters
6d 02h
Time Remaining
Proposal Overview

Summary

StandX Improvement Proposal #7 (SIP-7) defines the distribution strategy for all protocol revenues accrued during Q2 2026 (April 1 – June 30, 2026). Revenues are generated from perpetual trading fees, DUSD minting and redemption spreads, and Vault management fees across BNB Chain and Solana.

This proposal follows the framework established in SIP-4 and adjusts allocation percentages based on growth in DUSD TVL (+38% QoQ) and the expansion of Vault liquidity to Solana.

Motivation

StandX's mission is to deliver real yield to users holding DUSD while sustaining the protocol's long-term growth and security. With Q1 2026 protocol revenues reaching $2.34M — a 61% increase over Q4 2025 — the community must vote on how to best allocate these funds to maximise benefit across all stakeholder groups.

Proposed Allocation

The following allocation applies to all net protocol revenues collected during Q2 2026. Revenues are distributed in DUSD unless otherwise noted.

55%
DUSD Yield Distribution
Auto-distributed to all DUSD holders proportional to holdings. No staking required.
25%
Vault Participants
Distributed to active Vault LP positions across BNB Chain and Solana vaults.
15%
Liquidity Incentives
Directed to DUSD liquidity pools and perps market depth programmes on both chains.
5%
Treasury Reserve
Retained in the protocol reserve fund to hedge against backing asset losses.

Key Changes vs. SIP-4 (Q1 2026)

  • DUSD yield allocation increased from 50% → 55% following strong TVL growth.
  • Vault share adjusted to 25% (was 28%) to account for reduced proportional cost of incentivising Vault LPs.
  • Liquidity Incentives maintained at 15% with expanded Solana DEX coverage.
  • Treasury Reserve reduced from 7% → 5% as the reserve fund has reached its 6-month runway target.

Distribution Mechanics

DUSD yield distributions are calculated at each block and credited to holder balances automatically. No action is required from DUSD holders. Vault distributions are settled at the end of each 28-day epoch. Liquidity incentive allocations are managed by the StandX multisig and deployed via on-chain incentive contracts.

On-Chain Execution

If this proposal passes, the StandX 4-of-6 multisig will update the RevenueDistributor contract parameters within 48 hours of vote finalisation. The updated split takes effect from April 1, 2026 00:00 UTC.

  • Contract: 0x3f...a91c (BNB Chain RevenueDistributor)
  • Solana Program: StndX...v7Mz
  • Multisig threshold: 4 of 6 signers required
Proposal Timeline
Draft Published
Mar 21, 2026 — Community review period began
Snapshot Vote Opens
Mar 28, 2026 — Voting started
Voting Active ← You are here
Ends Apr 4, 2026 at 00:00 UTC
Execution Window
Apr 4 – Apr 6, 2026 — Multisig signs & broadcasts
Q2 Distribution Active
Apr 1, 2026 — New split takes effect (retroactive to Apr 1)
Recent Votes
Voter Decision Voting Power Time
0x9f3a…4d12 FOR 412,000 DUSD 2h ago
0x1c7b…88fe FOR 280,500 DUSD 4h ago
0xab2d…c390 AGAINST 194,200 DUSD 7h ago
0x55f1…7a0c FOR 138,900 DUSD 11h ago
0x7e44…2b19 FOR 95,000 DUSD 14h ago
0xd311…5ef7 AGAINST 72,400 DUSD 18h ago
0x8820…aa34 FOR 61,100 DUSD 22h ago
Cast Your Vote
SIP-7 · Revenue Allocation
Select your position and connect your wallet to cast a binding on-chain vote. Voting power equals your DUSD balance at snapshot block #38,421,000.
6,041,930 For (DUSD)
2,200,000 Against (DUSD)
73.3% FOR · 26.7% AGAINST

Voting is free — only an off-chain signature is required. Gas fees apply only to on-chain execution by the multisig.

Quorum & Parameters
Quorum Progress 8.24M / 10M DUSD
0 82.4% reached 10M DUSD
Quorum Requirement 10,000,000 DUSD
Current Participation 8,241,930 DUSD
Pass Threshold >50% FOR
Voting Strategy DUSD Balance + Vault LP
Snapshot Block #38,421,000
Network BNB Chain + Solana
Time Remaining
Voting closes Apr 4, 2026
06 Days
:
02 Hours
:
17 Mins
:
44 Secs