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improvement-proposal-template.md

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This is a sample template for Kin improvement proposals. This template is only meant to serve as an initial guide, and should be customized as necessary. Text like this should be removed.

Notify the Kin Foundation developers to create a category here with the same title as your proposal. This will make it easier for the community to reference your proposal and discuss its merits.

KRE Improvement Proposal

The purpose of this document is to outline a proposed improvement to the existing KRE algorithm and/or valid spend guidelines.

Title: The proposal should be titled based on its intention

E.g.

  • Reward apps based on balances and spend volumes
  • Increase incentivization for Active Users
  • Change definition of Active User Balance

Proposed by:

(optional: insert name or organization)

Abstract

An overview of the proposal. Describe the objectives and rationale behind this improvement proposal here.

Summary of Improvements

High level overview of improvements proposed, divided into (i)KRE and (ii)Valid Spend Guidelines. Customize as necessary.

  1. KRE Algorithm Updates
  • Improvement a
  • Improvement b
  1. Valid Spend Guideline Updates
  • Improvement a
  • Improvement b

KRE Algorithm Updates

  1. Improvement A
  2. Elaborate upon and lay out the improvement proposal. Customize as necessary.
  3. Improvement B
  4. Elaborate upon and lay out the improvement proposal. Customize as necessary.

Insert all math and equations with appropriate formatting: X + Y = Z

Valid Spend Guideline Updates

  1. Improvement A
  2. Elaborate upon and lay out the improvement proposal. Customize as necessary.
  3. Improvement B
  4. Elaborate upon and lay out the improvement proposal. Customize as necessary.

Implementation

Insert recommendations for implementation and timelines here.