Meta Pool has presented a new initiative, known as the MPIP-13 Improvement Proposal, which was recently approved by its community.
The new proposal was intended to increase the protocol fee from the current 6% to 10%.
This adjustment responds to the need to align revenue with the operational and strategic growth of the platform, allowing it to finance new opportunities, support community initiatives and ensure the sustainability of rewards without affecting incentives for voters.
The community voted for the initiative until December 11, the date on which voting closed.
What will the MPIP-13 proposal seek to improve?
The increase in income will allow Meta Pool to strengthen key projects. These include the expansion of the scholarship program in collaboration with the University of Zurich, extending its reach to students from Asia and Latin America, and the funding of community marketing strategies, such as meme initiatives, to improve the visibility of the platform.
Additionally, the DAO plans to strengthen its Enterprise Node Operators program in collaboration with the NEAR Foundation, attracting more validators to the network and strengthening the security of the NEAR protocol.
The expansion of Meta Pool’s operations has also generated an increase in infrastructure, development and customer support costs.
With the proposed increase, the platform will be able to address these expenses and maintain competitive rewards for users, ensuring its attractiveness to both new participants and the existing community.
Currently, Meta Pool allocates 6% of staking rewards to cover operational costs, fund community grants, and reward voters. Under the new proposal, this percentage will increase to 10%.
With this adjustment, Meta Pool seeks to consolidate its business model and continue leading the growth of the NEAR ecosystem.
Source: Ambito
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