closedEnded a year ago · Snapshot (Offchain)
KIP-001 - Token Restructuring and Treasury Formation Proposal
By 0x0499...2b2206Continue Reading
KIP-001 - Token Restructuring and Treasury Formation Proposal
Executive Summary This proposal presents a restructuring plan to rejuvenate the KAON ecosystem through the following core actions:
- Immediate Token Burn of 500M tokens from currently unlocked supplies
- Market Making Allocation of ~349M tokens to ensure sustainable liquidity
- Structured Burn Program with 70% of future unlocks dedicated to burning
- Migration from AKRO to a new KAON token on Ethereum with a built-in deflation mechanism
- Establishing a Community-Governed Treasury with 15% of unlocks, plus 15% for events and ecosystem growth
By implementing a clear burn schedule, improving token utility, and allocating resources for sustainable growth, I aim to reinforce market confidence, increase user engagement, and position KAON for long-term viability.
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0Votes 9
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x6bBa...F251bF | 35.355M | For |
 0x93d2...0214A2 | 23.908M | For |
 0x6546...677A17 | 2.566M | For |
 0xd0c7...5A13aB | 2M | For |
 0x9D71...1741F3 | 1.095M | For |
VOTE POWER
0
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Proposal Status
- Wed February 12 2025, 11:00 amVoting Period Starts
- Sat February 15 2025, 11:00 amEnd Voting Period
Current Results
1-For
66.098M