- implemented in v6
-
solution: burn remaining gift
-
backstory
- initially we allocated 70% from genesis
- result in 27 months
- how much we spent on this?
- claimed amount
- ~148T $BOOT or
- ~21% of budget
- releasable amount
- ~23T $BOOT or
- ~3% of budget
- released amount
- ~35T $BOOT or
- 5% of budget
- we reach 4.1% from global recognition hypothesis needed for widespread of phenomena
- looking back, results are real and present
- but i suggest to stop allocation there
- unless we transform this effort
- into sustainable source of spread, marketing and effort
- basic idea is
- move management of cybergift prog to senate daodao
- use claimed and releasable amount for staking to generate revenue in staking pools
- and switch to a more sustainable mechanism to incentivize marketing
- 113T $BOOT that is 9.3% of current stake
- accounting for 51T $BOOT
- together this forms 16.4% stake in bostrom
- and go under senate control becoming the biggest force of bostrom
- some of senate funds allocated to subdao for marketing efforts i discussed
- fading out cybercongress power and
- moving decentralization of the project further
- read finalization of $BOOT distribution as part of a series