Aavegotchi

Coreprop to split the post-Curve DAI into four equal allocations

Author: Immaterial#0001, Fantasma#1777 GotchiID: 16559, 2824

Hello frens,

We would like to put forward our own proposal that we believe is the fairest way to allocate the funds whilst also protecting asset holders. We believe that the 4 pillars of the Aavegotchi ecosystem are: Liquidity, The DAO, Pixelcraft and Asset holders. Therefore, our proposal is to allocate the curve funds evenly between these 4 pillars and making sure asset holders are not left behind by allocating them 25% of the DAI for Protocol Rewards which will directly reward asset holders through either Rarity Farming, or another reward mechanism chosen by the DAO.

The split would be as follows:

Liquidity: 25% The DAO: 25% Pixelcraft: 25% Protocol rewards: 25%

By protocol rewards, we mean fair and inclusive reward pools that account for all native assets in the protocol. A yes vote for protocol rewards in this case does not mean a yes vote for ongoing RF in its current iteration, it protects funds to be used to make sure that protocol assets remain liquid and sufficiently included in the economic cycle/paradigm going forward.

A yes vote for protocol rewards signals to loyal supporters of the protocol that the original vision remains intact, rather than being diverted into new and unproven games and business models.

Without inclusion/correlation between GHST and assets, great economic disruption could follow the turning off of curve for asset owners. A stream of funding protocol rewards for two years not only creates an ongoing source of buy side liquidity for the GHST token, it also allows market participants to trust in the correlation between GHST and protocol assets.

As we prepare to release the Forge and GBM different assets, we have the choice to signal to market participants whether they are bidding into a single RF season, or towards inclusion in the economic benefits of the platform for a full two years from here.

Thank you frens for your vote. For further discussion please head over to the forum thread linked below.