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closedEnded 3 years ago ยท Snapshot (Offchain)

Sunset Buyer Rewards

By 0x8F94...FEeCb5

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 โ€œtoken sinksโ€ for increased utility / demand. This proposal outlines some initial changes to ROBOT tokenomics that will set the stage for a larger โ€œv2 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
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0
Votes 9
VoterCast PowerVote & Rationale
0x8F94...FEeCb5
3,799

Approve

0xC50C...7E6F85
1,900

Approve

0xBf16...27f64f
1,200

Approve

0x4cCa...224565
835

Approve

0xB2d6...9a8EAb
78

Approve

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VOTE POWER
0
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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

99.86%

2-Reject

10.785

0.14%
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