> For the complete documentation index, see [llms.txt](https://docs.uniwhale.co/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.uniwhale.co/upgrade-tokenomics-v2.0/summary.md).

# Summary

The Proposal calls for the four proposals to be implemented with the following Fee Distribution and Emission.

|              | Fee Distribution | UNW Emission                             |
| ------------ | ---------------- | ---------------------------------------- |
| ULP          | 50%              | <p>20% <br>(Hyper Event with Ladder)</p> |
| UNW          | -                | 10%                                      |
| esUNW-v2     | -                | 10%                                      |
| Reserve Fund | 10%              | -                                        |
| Trader       | -                | <p>60% <br>(Hyper Event with Ladder)</p> |
| Fee Vault    | 40%              | -                                        |
| Total        | 100%             | 100%                                     |

For your reference, the above compares to the current distribution below:

|              | Fee Distribution | esUNW Emission |
| ------------ | ---------------- | -------------- |
| ULP          | 50%              | 15%            |
| UNW          | -                | 5%             |
| esUNW        | 40%              | 15%            |
| Reserve Fund | 10%              | -              |
| Traders      | -                | 65%            |
| Treasury     | -                | -              |
| Total        | 100%             | 100%           |