Sunset Buyer Rewards
Since the launch of MetaFactory, $ROBOT has been leveraged as the primary governance mechanic of the DAO and heavily distributed via buyer rewards as an onboarding mechanic to reward supporters of the MetaFactory vision of a decentralized headless brand โ a factory of factories. $ROBOT has also been used to reward designers, collaborating brands, operations and labor.
Just last month we hit the $1.6m revenue threshold in the distribution schedule, which triggered the next buyer/designer reward distribution as follows:
- 3929.9 ROBOT to Buyers
- 2146.4 ROBOT to Designers
- Total 6076.3 ROBOT in this distribution to 813 unique wallets
To begin transitioning towards longterm token sustainability and healthy growth, there has been discussions on scaling back token distributions and introducing โtoken sinksโ for increased utility / demand. This proposal outlines some initial changes to ROBOT tokenomics that will set the stage for a larger โv2 tokenomicsโ revamp in the future.
Current Metrics:
- Circulating Supply: 220,525
- Maximum Supply: 420,000
Primary proposed change to tokenomics:
- End buyer rewards moving forward
- Direct fiat revenue share with designers / brands to reduce ROBOT sell pressure
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
0x8F94...FEeCb5 | 3,799 | Approve |
0xC50C...7E6F85 | 1,900 | Approve |
0xBf16...27f64f | 1,200 | Approve |
0x4cCa...224565 | 835 | Approve |
0xB2d6...9a8EAb | 78 | Approve |
VOTE POWER
Proposal Status
- Fri April 14 2023, 04:02 pmVoting Period Starts
- Fri April 21 2023, 04:02 pmEnd Voting Period
Current Results
1-Approve
7,817.184
2-Reject
10.785
