BIP-83 (B): Price tiers for $BOTTO OTCs
Note: This snapshot votes only on Part B of the full "BIP-83: A Holistic Update to Botto’s Economy". There are 6 total votes for BIP-83, see the other votes on the main snapshot page.
Summary
In order to raise capital for the DAO treasury and secure operational longevity through future downturns, we propose earmarking 6M $BOTTO for future OTCs with preset price minimums and parameters we have established for previous OTCs.
Specifications:
- Establish 3 OTC tranches for $BOTTO token sales to strategic partners
- Tranche 1: 2.5M tokens at min. $1/token
- Tranche 2: 2.5M tokens at min. $2/token
- Tranche 3: 1M tokens at min. $3/token
- 12-18 month lockup periods with up to 10-20% discount on VWAP
- Maximum 5M tokens to any single partner
OTC deals will follow the parameters of past OTC deals, originally set in BIP-35 v2: Have Cake and Eat It Too: OTCing with Treasury $BOTTO (see section 2.5: OTC & Deal Structures)
Note: Snapshot is only a summary, the full BIP in the forum takes precedent.
📚 Read the full proposal: https://forum.botto.com/d/120-bip-83-a-holistic-update-to-bottos-economy Discussion of holistic proposal: https://discord.com/channels/829636834371960842/1418629635100643358 Discussion of Part B: https://discord.com/channels/829636834371960842/1418596541672984728
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x0394...8d7e11 | 983,061 | For |
 0x828B...A70c22 | 701,953 | For |
 0x1983...E2af1F | 562,817 | For |
 0xF826...1dA0C5 | 350,000 | For |
 0xb5FF...8D2606 | 300,000 | For |
VOTE POWER
Proposal Status
- Tue October 14 2025, 02:00 pmVoting Period Starts
- Fri October 17 2025, 02:00 pmEnd Voting Period
Current Results
1-For
4.047M
2-Against
1,170.551