[POLL] How Would We Structure a Fee Reward?

Requests for Comment
73

How would I implement the fee to save gas:

  1. the fees go to a contract that can hold whatever ERC-20 complying token
  2. the contract has public functions that make the contract swap any token [that is not WETH or UNI] to WETH.
  3. it also has a one-way public function that allows to swap WETH to UNI.
  4. it’s either governable by a vote in Uniswap (so that we can decide whatever we want to do with the tokens), or the UNI simply stays there. optionally, a function for burning UNI could be implemented.

Rationale for different steps:

  1. it holds tokens
  2. sells any token to WETH. because it’s public, anyone can go and call the functions so that they don’t have to be called automatically, so anyone has the option of using their own gas.
  3. uses stacked WETH to get UNI, essentially pumping UNI/ETH.
  4. idea for this is that when V3 launches we can move the bot to work in V3 instead

Why I kinda discourage burning the freshly bought UNI: If in the future gas costs became negligible, we could implement some kind of automatic 0.05% fee payment directly to UNI holders, and the burnt UNI at 0x00…00 would claim and burn quite a bit of those fees. So, if they stood in the contract, we could later govern it to distribute it proportionally between UNI holders.