Let’s make EUL token more productive and attractive to holders. Specifically, I suggest that we distribute 10% of protocol revenues to EUL holders. Another 90% of revenues (cash flows) will be transferred to the Euler treasury to support protocol developments. Protocol revenues can be distributed to EUL holders not necessary in the form of EUL tokens, but in stablecoins or ETH.
From the technical side, staking section (UI) in the Euler app can be created to facilitate EUL staking. EUL holders will be able to deposit and withdraw EUL tokens to/from the staking pool at any time, and will receive staking rewards proportionate to the total amount of protocol revenues earned during the respective staking period.
Currently, EUL token holders do not receive financial incentives, only protocol borrowers do. I believe that EUL holders will be more incentivized to hold their EUL tokens, if they receive financial incentives, per my proposal. This change can also increase interest to EUL from outside investors that prefer productive tokens to generate income.