PDP18: Settle Early Contributor Vests
Background & Motivation This proposal is related to PDP15: Redeploy Seed Contributors Vests and Pause Early Contributors Vests and aims to settle the remaining Early PrimeDAO Contributors Vests for the stakeholders who purchased Options (for 1c each) or invested during the pre-seed round of PrimeDAO.
In total, 6,552,612 D2D are still to be distributed to stakeholders who purchased a right to acquire these tokens between 2021 and 2022. While the vesting schedule was temporarily paused with PDP15, these D2D tokens have to be sent to the stakeholders prior to the end of the vest as specified in the contracts (October 1st, 2024).
In light of the upcoming SAFE token TTE and the potential for PrimeDAO to expand into new markets, we believe now is a good moment to settle Early Contributors Vests.
Proposal Breakdown The following options are proposed:
Option 1: Unpause the vests by sending the relative share earned between PDP15 and the day of this proposal passing to the Stakeholders and deploying a new vests for the remaining amount to start on the day of this proposal passing and end on October 1st, 2024. Option 2: Send the full share of the remaining D2D to be received to each of the stakeholders directly (Sablier would be used to allow stakeholders to claim the tokens at their convenience). Option 3: Do not un-pause the Early Contributor Vests at this point.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x2DF7...439170 | 3.893M | Option 2 - send directly |
 0xEFAc...2bBaEE | 2.88M | Option 2 - send directly |
 0x3004...B5CC64 | 14,775 | Option 2 - send directly |
 0x9796...955250 | 13,430 | Option 2 - send directly |
VOTE POWER
Proposal Status
- Thu March 28 2024, 02:54 pmVoting Period Starts
- Tue April 02 2024, 02:54 pmEnd Voting Period
Current Results
1-Option 2 - send directly
6.801M