What distribution model should we use for Aqua given the logistical challenges presented in the forum post?
Additional Information:
Forum discussion post: https://home.blockzerolabs.io/post/proposal-change-aqua-distribution-609ab8d1ee4f81047ede6f81
The additional tokens XIO holders could earn until the end of December is around 25m.
Option 1. Determine a rough estimate of Aqua based on current projections and mint this number of Aqua tokens. The risk here is that we may not have enough tokens in the future - eg if someone purchases millions of XIO in September, the actual eligibility will be higher than the number of tokens we initially minted.
Option 2. Give the foundation minting capability so we can update the claims app with the exact number of Aqua holders are eligible for. The minting capability would be controlled via a multi-sig wallet (currently controlled by the council).
Option 3. Determine a rough estimate of Aqua based on current projects and mint this number of Aqua tokens. Place these tokens into the Vortex where citizens can earn them by staking XIO. This effectively stops all future eligibility and allows earning of Aqua based on staked XIO in the Vortex.
Option 4. Stop earning Aqua tokens once AquaFi is live and the initial distribution has happened.
Option 5. Mint additional tokens based on the current projections (eg current estimate plus 50-100%). Upload these to Dropzero for claiming by citizens as per the current schedule then perform a vote on what to do with all the tokens leftover around the end of the year/Jan 2022. This is similar to option 3 however there would be no Vortex involved here.
Copy of proposal: https://docs.google.com/document/d/14aDQhNdOoGf6Ub7FwPy0O0ZGPcEDrthLun1SZWfF0os/edit?usp=sharing
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x5Da9...dC000A | 641,423 | Option 3 |
 0xbdB6...2eacb5 | 301,823 | Option 3 |
 0x9C86...0636B4 | 263,639 | Option 4 |
 0x3D0E...c86E51 | 68,670 | Option 4 |
 0x4BF4...DCa941 | 65,755 | Option 3 |
VOTE POWER
Proposal Status
- Thu May 27 2021, 05:00 pmVoting Period Starts
- Tue June 01 2021, 05:00 pmEnd Voting Period
Current Results
1-Option 3
1.771M
2-Option 4
509,340.133
3-Option 5
22,050.004