Forge Raffle Strategy and Revenue Splits

Author: Dr Wagmi (Dr Wagmi#6629) Gotchi ID: 16635 Discourse Thread: https://dao.aavegotchi.com/t/the-forge-aalloys-essence-and-smithing-a-massive-proposal/4432

This signal proposal outlines the revenue distribution plan for the sale of cores and schematics. It also outlines the GBM and raffle strategy for the cores and schematics distributed via the Forge Launch. The revenue split was discussed with Pixelcraft who is in agreement with the proposed revenue splits.

As a guiding principle, Cores and Alloy will be sold via GBM and not raffled. GBM revenue will help sustain rarity farming and provide revenue as a counter to the dilutionary effect of their respective sales. As sales of cores and alloy are directly inflationary to asset holders, maximal revenue will be directed to rarity farming to support their RF value proposition. Pixelcraft must receive at least 18% of revenue to maintain tax compliance with the sales. Revenue from the sales will be sent to a PC-controlled wallet and then redistributed via the proposed splits below to their own wallet and the DAO Rarity Farming wallet. As a reminder, no alloy will be sold upon the Forge release. These are the Cores which will be auctioned via GBM:

Revenue splits: Cores: 80% to the DAO Rarity Farming Wallet 20% to Pixelcraft

Schematics: 55% to the DAO Rarity Farming Wallet 45% to Pixelcraft

There are two options regarding Schematics Release and the Raffle Plan: Option 1 – Legendary schematics all via Geodes: GBM 60% of Godlike, Mythical, Rare, Uncommon, and Uncommon Schematics Raffle the remaining 40% of the above schematics via a traditional raffle Distribute all legendary schematics via the Geode mechanic

Option 2 – Legendary schematics in geodes and raffle: GBM 60% of Godlike, Mythical, Rare, Uncommon, and Uncommon Schematics Distribute 60% of legendary schematics via the Geode mechanic Raffle 40% of all schematics via a traditional raffle.

The geode mechanic is still in development but will have a minimal viable product ready shortly after the Forge release. Please see the Forge 1.1 – Geodes signal proposal for more information on its mechanic. Both of these sig props will be combined into the large core prop to launch the forge.

Option 1 (legendary schematics all via geodes) and accept revenue splits Option 2 (legendary schematics in geodes and raffle) and accept revenue splits Neither option. Delay release.