Original proposal: Redistribution of Unclaimed Hodlerdrop Tokens

Reason the original proposal was not approved: Not enough participation rate

Changes that have been made and why it should now be approved: @maxkordek suggested interesting idea how to improve the proposal, and @przemer correct the mistake.

Abstract

This proposal suggests redistributing unclaimed tokens from the hodlerdrop (Lisk HodlerDrop ) proportionally to the airdrop already received by participants, like LayerZero did.

Motivation

The unclaimed tokens were initially designated for the HodlerDrop, so it makes sense to redistribute them to active participants rather than reallocating them elsewhere. Many active participants have already experienced significant dilution of their holdings during the migration. This redistribution would help offset that effect and support those who actively engaged with the platform.

Rationale

This proposal aligns with Lisk DAO’s mission to support and reward active community members. By redistributing the unclaimed tokens, we incentivize engagement and participation. Additionally, this ensures that tokens originally set aside for the community stay within the community, promoting fairness and inclusivity in line with the DAO’s values.

Action Plan

Snapshot and Assessment

• Determine the final amount of unclaimed tokens after the set claim period.
• Assess the total distribution to HodlerDrop participants.

Proportional Redistribution

• Redistribute the remaining LSK tokens in the same ratio as already claimed (e.g. 2M LSK distributed, 1M LSK left, for each 6,250 LSK a user already claimed, they can claim another 3,125 LSK), if the following conditions are applied:
  • 50% redistribution to the users who stake the same amount for 3 months (e.g. user is eligible for 3,125 LSK, if they stake 3,125 LSK for 3 months they receive 50% of the LSK amount);
  • 50% redistribution to the users who stake the same amount for 6 months (e.g. user is eligible for 3,125, if they stake 3,125 for 6 months they receive 50% of the LSK amount);
  • Any remaining amount goes into the Ecosystem Fund.

Execution and Transparency

• Provide a transparent report detailing the redistribution process to ensure the community can verify the amounts received.
• Allocate development resources to implement and execute the redistribution via smart contracts, if applicable.

Should the unclaimed hodlerdrop tokens be redistributed proportionally among participants who have already claimed their tokens?

• Yes: Redistribute the unclaimed tokens proportionally among those who have already claimed.
• No: Do not redistribute the unclaimed tokens among the claimants.
• Abstain: No opinion or preference on the redistribution of unclaimed tokens.