This is a proposal from the team to raise KogeFarm performance fees to 2.9%. This would allow KogeFarm to continue offering the lowest fees among multi-chain yield aggregators, while significantly increasing the viability of the project long term. A lot has changed since starting the project in May 2021. For one, KogeFarm has become significantly more developed, with two audits under way and an established reputation for security. Our UI, though still leaving much to be desired, has also been professionally re-designed and re-launched. While KogeFarm has improved, the networks we operate on has also become a lot more congested. Polygon raised their minimum gas price thirty fold. Fantom and MoonRiver are becoming a lot more expensive as well. Finally, there appears to be consolidation in the yield aggregator space, with few new competitors taking off and existing competitors charging higher fees. The time seems ripe for raising revenue to allow for more resources to develop the project. We estimate that raising performance fees to 2.9% will allow us to generate revenues on the order of 1-2k per day, which will more than cover gas costs and allow for significant burning of KogeCoins at our current market cap. In the future, even with no TVL growth, having more revenue will allow the project to remain viable and actively developed.
Metaverse Festival - MultiNFT Techno Stage - Day 3
Metaverse Festival - Deadmau5 - Evolution Stage
Metaverse Festival - Aluna (of AlunaGeorge) - Evolution Stage AlunaGeorge are an English electronic music duo from London, consisting of singer/songwriter/producer Aluna Francis and producer George Reid. AlunaGeorge have generated over one billion streams, sold out shows around the world, received award nominations (BRIT Awards, NME Awards, Billboard Music Awards) and widespread critical acclaim. Aluna's collaborations under AlunaGeorge include songs with DJ Snake, Disclosure, Avicii, Diplo, Skrillex, KAYTRANADA, ZHU, Peking Duk, Baauer, Gryffin, Gorgon City, SG Lewis, Popcaan, Shakka, Bryson Tiller and more. Aluna established an undeniable signature sound on her 2020 debut solo album 'Renaissance' which received critical acclaim and featured guest artists and producers: KAYTRANADA, SG Lewis, Princess Nokia, Rema, Jada Kingdom, Scott Storch and more. Instagram (@aluna) Twitter (@alunaaa)
