Rally

This proposal is made to engage Delphi Digital to help design Rally’s token bonding curves (TBC) and future network rewards & token emissions.

Please review the Discourse discussion here: https://forum.rally.io/t/proposed-engagement-delphi-digital/377Background

Purpose

If the community approves this proposal, Delphi Delphi will allocate 3-4 team members to these efforts and plan on being active participants in community discussions as they develop new bonding curve templates, network reward strategies, and any other additional ideas they believe will drive long-term value to $RLY and the Rally ecosystem.

Key focus areas / deliverables

• Reviewing current TBC + designing new bonding curve templates
• Network reward design + $RLY emissions
• Enabling creator-level configuration on parts of rewards, fees, and TBC
• Produce documentation explaining the mechanics and rationale behind proposed designs as well as additional ideas for the Rally community to provide feedback

Delphi Digital will update the community at the end of the initial 3-month term with a review of its accomplishments and deliverables, and thereafter will continue to provide performance review updates on a periodic basis.

Terms of Agreement

• 3 month minimum, month-to-month thereafter (with community right to terminate following the initial 3 month term)
• Monthly retainer of $55k, 60% of which will be paid in $RLY to ensure incentive alignment. All fees to be paid from the Community Treasury.

A YES vote on this proposal will engage Delphi Digital pursuant to the terms outlined above.

A NO vote will result in no engagement.