Interlay (INTR) is a management token of a decentralized network, which is connected to Cosmos, Ethereum and other major DeFi networks. The token is required for making management proposals and voting on them, as well as for rewards and commissions.

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Recommendation for New, Capacity-based Vault Reward Distribution Model

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📢Kintsugi's Vault capacity model is now live! 📢 

👉The old Vault reward distribution model is based on how much kBTC/iBTC has been minted with a Vault. 
💡This model presented itself unsuitable, both in terms of fairness, capital efficiency, and benefit to protocol growth. 
💰The capacity-based model hence takes into account kBTC/iBTC capacity, i.e., how much BTC a Vault can secure, unrelated to how much is already being used. 
🚀 The capacity-based model focuses on increasing minting capacity for new users ahead of the Kintsugi and Interlay 2.0 DeFi hub launch, which aim to onboard significant numbers of BTC DeFi users onto Interlay. 

Previous discussion post: https://interlay.subsquare.io/post/13 
Updated vault docs: https://docs.interlay.io/#/vault/overview?id=fee-distribution-based-on-btc-capacity

Kintsugi's Vault capacity model is now live.