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[AGIP 57] Establish the “Core Framework” Guiding Wearable Release - Forge Proposal

Voting ended about 3 years agoSucceeded

Author: Dr Wagmi (Dr Wagmi#6629) GotchiID: 16635 Quorum requirement: 20% (9M) Vote duration: 7 days XP Reward: 20 XP for each Aavegotchi in the voter’s wallet Discourse Thread: https://dao.aavegotchi.com/t/the-forge-aalloys-essence-and-smithing-a-massive-proposal/4432

Discourse Thread: https://dao.aavegotchi.com/t/the-forge-aalloys-essence-and-smithing-a-massive-proposal/4432

The Core Framework: A Proposal for Responsibly Managing Aavegotchi Wearables Emissions

Core Framework Written Summary: https://docs.google.com/document/d/1HTBNQqIVzvENiNmCL3kKAvgdKzcs4nWgyyVHvmX_ONQ/edit?usp=sharing

Core Framework Ratios, Calculations and Proposed Sale: https://docs.google.com/spreadsheets/d/1Jk6O3zzsOIBmy1OwQlBsy0LWPQZrjxsWmlY2YCMz2iw/edit?usp=sharing

These documents, prepared by The Forge Team, constitutee our recommended framework for the DAO to responsibly manage the future emissions of additional cores, and thus the increase of wearables supply.

The supply of cores, as defined in The Forge Litepaper, is the lever by which the protocol controls how many wearables can be forged on a rarity and slot basis. We are proposing three key ratios to be set by the DAO and used for managing the supply of cores in the future:

  1. The ratio of total wearables to total gotchis. The Forge Team proposes an increase in the rate of wearables to gotchis from current state of 4.2/gotchi to 4.3/gotchi (approximately 2.6% increase).

  2. The ratio of each rarity tier to the total number of wearables. The Forge Team is not proposing any modifications to the ratios between rarity tiers.

  3. The ratio of each wearable slot to the total number of wearables. The Forge Team recommends the following slot ratios:

image

We propose that the DAO should use the above key ratios to determine when to release additional cores, as well as how new cores should be distributed between rarities and slots. These ratios result in an initial addition of 2158 total cores across 15 different core types (out of 36 total).

image

The Core Framework will need to be maintained to include recent, relevant market data and evolutions in the market and the Aavegotchi protocol. Additional Core or Alloy sales must pass a core proposal outlining the specific sale and reasoning. If this Core Framework is accepted by the DAO, it will be included in a large Core Proposal to launch The Forge.

Off-Chain Vote

Yes. Accept the Core Framework.
17.86M GHST95.7%
No. Reject this Framework.
800.92K GHST4.3%
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Discussion

Aavegotchi[AGIP 57] Establish the “Core Framework” Guiding Wearable Release - Forge Proposal

Timeline

Jan 26, 2023Proposal created
Jan 26, 2023Proposal vote started
Feb 02, 2023Proposal vote ended
Oct 26, 2023Proposal updated