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closedEnded 3 years ago · Snapshot (Offchain)

[AGIP 61] Launching the Aavegotchi Forge

By 0xb8B9...13e649

Author: Dr Wagmi (Dr Wagmi#6629) Gotchi ID: 16635 Quorum requirement: 20% (9M) Vote duration: 7 days XP Reward: 20 XP for each Aavegotchi in the voter’s wallet Discourse thread: https://dao.aavegotchi.com/t/the-forge-aalloys-essence-and-smithing-a-massive-proposal/4432

Completed Forge Whitepaper: https://docs.google.com/document/d/1RvlJmCRudFnso45oPU0veBqo-OLwwZiMJDaNBjRhf54/edit?usp=sharing

I propose that we launch the Aavegotchi Forge! This proposal combines all previous Forge-related signal proposals into a final core proposal. The Core Framework has already been submitted and accepted as a core proposal (AGIP 57). The Completed Forge Whitepaper outlines all Forge mechanics and economics. The Whitepaper will be updated with Forge v1.1- Geodes expansion when the mechanic has been finalized.

The signal proposals included in this core proposal:

The Forge v1.1 – Geodes Funding and Implementation: https://snapshot.org/#/aavegotchi.eth/proposal/0x23655a075cd863a6c91f5a55557413c2b20b6cf3d41ab12c575437b321e9b851

Forge Raffle Strategy and Revenue Splits: https://snapshot.org/#/aavegotchi.eth/proposal/0xfd80fb620a1bfc80f1796d5f3cdc47bb62223e7ccbb8333bd4d7deb76c9f1fd9

The Forge- Fee Structure and Burn/DAO Percentages: https://snapshot.org/#/aavegotchi.eth/proposal/0x5436b9282dc8bff710b89110a9bcfd81010fe606f4306673f8e7a46058adc658

The Forge- Establishing Alloy Ratios: https://snapshot.org/#/aavegotchi.eth/proposal/0xac0a2081017c0540538e877d9bb5f2d8c87dcc1bc47d50435bbfd89cdfcb4962

The DAO modifiable variables:

The following are build-in variables designed as levers for the DAO to control.

  1. Alloy return on smelting
    • Currently set at 90% of the amount required to forge
    • Of the 10% not returned, launch settings are the following: - 50% of alloy sent to a burn address - 50% of alloy sent to the DAO
  2. Core Framework Ratios and Sales – Already passed in AGIP 57
  3. Essence destination on Forging
    • Settings on launch: 50% of essence will be burnt; 50% sent to the DAO

This proposal has no major adjustments from the passed signal proposals to the final product.

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Connect Wallet to Add Note
0
Votes 1467
VoterCast PowerVote & Rationale
0xDd56...1eAC63
3.268M

99% for Yes, launch the Aavegotchi Forge, 1% for No, do not launch

0x5119...aecA6C
2.144M

99% for Yes, launch the Aavegotchi Forge, 1% for No, do not launch

0xdCf4...6EAbc0
492,143

100% for Yes, launch the Aavegotchi Forge

0xc46d...4c66de
375,607

100% for Yes, launch the Aavegotchi Forge

0xd04e...8CC21b
216,519

100% for Yes, launch the Aavegotchi Forge

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VOTE POWER
0
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Proposal Status
  • Mon February 06 2023, 05:25 pmVoting Period Starts
  • Mon February 13 2023, 05:25 pmEnd Voting Period
Current Results

1-Yes, launch the Aavegotchi Forge

15.276M

96.46%

2-No, do not launch

561,345.87

3.54%
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