Summary

This proposal seeks to update the Wirex Pay Chain reward structure to better align with the ecosystem’s current stage of growth and long-term sustainability.

Proposed adjustments:

• Node Operator Rewards: 80 WPAY per node license per month
• Staking Pool Allocation: 200,000 WPAY per month

These parameters mark the transition of Wirex Pay from a bootstrapping phase toward a scalable, multi-chain stablecoin payments infrastructure built for sustainable adoption and value creation.

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Abstract

Since the launch of the Wirex Pay Chain, node rewards have been a crucial tool for incentivising decentralisation and early participation. With the network now stable and expanding across chains and products, the DAO must recalibrate emissions to ensure economic efficiency and consistent growth.

This proposal introduces a fixed monthly node reward and an enhanced staking pool, supporting long-term holders, liquidity providers, and ecosystem contributors while reducing inflationary pressure.

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Motivation

Current Situation

• Node operator rewards have been variable since launch, designed to stimulate initial network participation.
• Staking reward pools have fluctuated without a stable emission model.
• The early “bootstrapping phase” has now successfully decentralised validator participation and ensured uptime reliability.

Proposed Solution

• Introduce fixed monthly node operator rewards of 80 WPAY per license to simplify predictability and balance cost efficiency.
• Adjust the staking pool allocation to 200,000 WPAY per month to strengthen liquidity and incentivise long-term holders.
• Align the overall emissions with network growth, transaction volume, and upcoming DeFi integrations.

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Details

Ecosystem Growth Context

Wirex Pay is entering a new expansion phase driven by infrastructure maturity and cross-chain adoption.

Key highlights:

• Stablecoin Usage Surge: The global rise of on-chain stablecoin payments positions Wirex Pay for mass adoption.
• Multi-Chain Deployment: Live on Base with Tier-1 chain integrations underway, expanding token utility and throughput.
• Product Expansion:
  • Web3 dApp for retail stablecoin spending
  • Wirex Business platform for corporate users
  • Stablecoin BaaS layer powering embedded finance

Updated Parameters

Implementation Notes:

• Node rewards become standardised, ensuring stable, cost-effective infrastructure maintenance.
• The increased staking pool boosts engagement from long-term holders and reinforces on-chain liquidity lockups.

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Justification

End of Bootstrapping Phase

The network now operates with stable infrastructure and decentralised participation. Oversized rewards are no longer necessary for maintaining validator uptime.

Shift Toward Sustainability

The reward model should reflect organic network usage as the primary value driver. Fixed, balanced emissions improve treasury efficiency and promote responsible growth.

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Long-Term Impact

• 🧱 Establishes an economically sustainable foundation for node and staking operations
• 🧲 Encourages commitment from long-term holders aligned with protocol success
• 🧩 Supports future integrations, including DeFi partnerships, agentic payments, and cross-chain settlements

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Implementation Timeline

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On-Chain Voting Structure

• Voting Duration: 72 hours
• Quorum Required: > 4% of total veWPAY supply
• Approval Threshold: 50% of participating tokens

Voting Options

• ✅ For — Adjust node rewards to 80 WPAY/license/month and staking pool to 200,000 WPAY/month
• ❌ Against — Keep current rewards unchanged
• ⚪ Abstain — No preference

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By adopting this proposal, the Wirex Pay DAO aligns its reward emissions with the ecosystem’s maturity, ensuring a robust, sustainable foundation for the next phase of growth across chains and products.