Proposals

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Proposal

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Redistribution of Unclaimed Hodlerdrop Tokens


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grumlin

grumlin

ID 548771...3779

ID 548771...3779

Proposed on: Oct 17th, 2024

Proposed on: Oct 17th, 2024

Votes

Proposal

Abstract

This proposal suggests redistributing unclaimed tokens from the hodlerdrop(Lisk HodlerDrop) proportionally to the airdrop already received by participants, like LayerZero did. If half of the tokens remain unclaimed, those who have already claimed their tokens would receive an additional amount proportional to what they have already claimed.

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 unclaimed tokens proportionally among the active participants who claimed their hodlerdrop tokens.*

  • * example: If half of the tokens remain unclaimed, the redistribution will be adjusted according to the percentage already claimed by each participant. It means that each participant will receive the same amount as they originally received, because the exact same amount of tokens remains unclaimed.

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.
Votes
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