Continuing the discussion from [Voting] Motion to lower compensation for NuLagoon sell side:
[quote=“masterOfDisaster, post:32, topic:2699, full:true”]
I would prefer continuing the discussion here instead of creating another motion.
But as it now no longer is a draft and instead hashed and up for voting, there might be no other option left - unless the NSR holders are fine with this motion.[…][/quote]
Like pointed out in @JordanLee’s motion I think the discussion was not far enough for a motion to be created.
I like the simplicity of @JordanLee’s motion and hope that we find a similarly simple change of the current compensation model but with better balanced interests and outcomes.
I think that limiting the sell side compensation to a certain percentage per day is neither fair for NuLagoon nor in the best interest of Nu.
I hope that @henry or another NuLagoon representative will be active in the discussion as some of the ideas might be easier or harder to be implemented on NuLagoon.
It wouldn’t be helpful to find a solution that doesn’t work with NuLagoon.
I consider NuLagoon a partner of Nu; a business partner, but still a partner. Some parts of of the contract will be reworked, but both Nu and NuLagoon should be able to live with the results.
I expect the compensation of LP to be in an early stage. A lot will happen. The compensation will go down.
Fixed payout ALP will help determine the compensation rate people demand for providing liquidity.
After that information is available the overall compensation for NuLagoon can be negotiated again.
For this motion I’d rather see the change of Nu and NuLagoon’s business beyond a reduction of compensation; it would be good to change it to a more effective means of steering liquidity - which will cause a reduction of compensation only if the liquidity situation is beyond thresholds.
I have SMART criteria in mind while writing this.
Following are some of the ideas from the other motion for starters and to continue the discussion here and (hopefully) find a better motion.
If I overlook an idea or you have a new idea, feel free to post it here.