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executedEnded 2 years ago ·  Onchain

DIP-75 Dope World RYO Vesting Schedule 1

By 0xCED1...1840A8

GM DOPE DAO

The Cartridge Team have completed their first Milestone – Roll Your Own Alpha. The compensation scheme from the proposal can be seen below:

Cartridge proposes the following compensation to support development costs and participate in the Dope World. PAPER will be vested over 1 year from the date of delivery of the milestone.

  • Seeding Dope World - 25M PAPER
  • Roll Your Own Alpha - 10m PAPER
  • Roll Your Own Beta - 15m PAPER
  • Roll Your Own Mainnet - 25m PAPER

As such, 10M $Paper will be vested to Cartridge.eth over the 12 month period beginning 20th July 2023 ending 20th July 2024.

Vesting

I have researched a suitable vesting protocol called Sablier.

https://sablier.com

Sablier started in 2019 as one of the first streaming protocols. They reached 1.5B TVL at its height and are still doing large numbers. They have had five majors audits, they have a bounty to check for bugs - they haven’t been hacked (yet haha). The good news is that they are not currently (nor in immediate future) charging fees; they have VC backing so they are in customer exploration mode. We can utilise their services to create a linear stream vesting the funds over the 12 month period. Cartridge is happy with this protocol and willing to assume the risk if something went wrong with the protocol. This proposal will execute the release of 10M $Paper to the Vesting Protocol which will then stream the funds linearly to Cartridge.eth. Tani

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0
Votes 16
VoterCast PowerVote & Rationale
0xCED1...1840A8
502

FOR

0x0331...D748D8
143

FOR

0xeA5d...E553eF
8

FOR

0x021A...2B91d1
2

FOR

0xf618...Bd1741
1

FOR

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VOTE POWER
0
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Proposal Status
  • Fri September 29 2023, 08:09 amPublished Onchain 0xCED1...1840A8
  • Sun October 01 2023, 04:04 amVoting Period Starts
  • Sat October 07 2023, 01:47 pmEnd Voting Period
  • Sun October 08 2023, 07:06 amQueue Proposal
  • Sun October 08 2023, 07:11 amExecute Proposal
Current Results

1-FOR

665

2-AGAINST

N/A Tokens

0%

3-ABSTAIN

N/A Tokens

0%
Quorum 665/500
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