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closedEnded 4 years ago ยท Snapshot (Offchain)

# Heat Check: New Contributors $Gas Allocation and Vesting Plan

By 0xCDA2...8d4Ad6

Based on the GasDao roadmap, core contributor allocation reduced from 15% to 12% of the total supply, 6 month vest period. However, thatโ€™s still 666,000,000 $GAS emission for contributors per day.

1,000,000,000,000 GAS * 12% / (6 * 30) = 666,000,000 GAS

This kind of allocation may be fair for a startup in silicon valley, but it is definitely too much for a DAO.

So we propose as below: Total $GAS allocation to the core contributor further reduced to 2% of the total supply, vesting period extends from 6 months to 24 months. 10% of $GAS which is originally for core contributors needs to be burned.

We know this would be tough for the core contributors, and the only reason we as a community are asking this is that we want GasDao to really become the biggest and most divested DAO in Ethereal and WEB3.0.

Appreciate what you have done and WAGMI!

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Votes 81
VoterCast PowerVote & Rationale
0xEe08...4C28f0
390.864M

Agree

0xFe55...553716
197.641M

Agree

0xa1D6...351F45
184.724M

Agree

0x906c...6b370f
152.424M

Agree

0x2f1F...6AC245
136.559M

Agree

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Proposal Status
  • Thu December 30 2021, 06:00 amVoting Period Starts
  • Fri December 31 2021, 06:00 amEnd Voting Period
Current Results

1-Agree

2.846B

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