**UIP-10**

Community Fund Allocation to UBE Staking Rewards

Now that we've passed these two Romulus proposals below, we can now allocate the Community Fund to the UBE single-stake rewards as planned.

#3 (<#872114054108426320>) PASSED

"Utilizing 0.05% trading fee for buyback of UBE and distribute funds to a community-controlled time-locked treasury."

#8 (#UIP-8) PASSED

"Buyback UBE with all locked UIP-2 related swap fees and move to the final Community Fund"

Proposal:

Allocate 25% of the Community Fund for the UBE single-stake rewards, in addition to what is currently being allocated from Ubeswap trading fees (0.05%) for 3 months.

After the first 3 months, 25% of quarterly buy-back will be automatically allocated for $ube single staking every quarter. To do so, a smart contract will transfer X 'UBE' to the weekly rewards contract, and top-up single staking with 'Y' UBE per week for 'Z' weeks.

The Community Fund distribution would occur at the time it's initiated by the team after a yes vote on Ubeswap's Stake Page. The benefits of this approach are listed below.

Any subsequent allocations from the Community Fund to the UBE single-stake rewards, after this proposal's yes/no completion, will require another proposal and vote.

Any suggestions related to burning UBE should be proposed and discussed separately in its own channel.

The Community Fund total can be found here: https://explorer.celo.org/address/0x97A9681612482A22b7877afbF8430EDC76159Cae/tokens

Benefits:

- The Community Fund is currently not being used to benefit Ubeswap.

- Rewards long-term UBE holders as planned in <#872114054108426320>

- Offsets the recent halving impacts on the APR of the UBE single-stake (currently 1.13%).

- Compete more successfully with other DeFi exchanges staking UBE.

- Retain value for long-term $UBE stakers and DAO participants.

Here‘s the link:

https://discord.com/channels/810260687354855454/986352145597087854/1061920866847424554