PrimeDAO

Background & Motivation With PrimeDAO’s operations having been minimized to reduce further budget spending, no fixed roles are currently allocated at PrimeDAO. Despite low activity currently, PrimeDAO holds various assets (tech, tokens, relationships) that can be re-activated at the right moment. As a DAO, each of the D2D stakeholders should have equal access to these resources and the governance of such.

This proposal discusses the option of pausing all but the Seed Contributor streams to further equalize the playing field between the 100s of contributors PrimeDAO has had over the past years and limit the circulating supply of D2D.

Proposal Breakdown a) Pause all but the Seed Contributors’ Sablier token streams

This action would lead to canceling ~25 sablier streams associated with contributors who participated in Prime in 2020, 2021, and 2022 and, as a result, are receiving early team streams until October 1st, 2024.

In the future, PrimeDAO could decide to restart these vests.

b) Move seed contributors’ vests to Sablier V2

A new and better version of Sablier (a token streaming platform used for vests) is available. Re-deploying the seed vests on the V2 of Sablier will make it easier to manage these vests.