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Ari10Ari10by0xf62C2d6AD02Bb8b248E3B9Be730B036f04D5453E0xf62C…453E

Change airdrop-distribution model for tokens on ERC

Voting ended about 3 years agoSucceeded

Issue Statement:

We want to debate the airdrop distribution topic for tokens built on the Ethereum blockchain.

Ari10 works with many clients. Part of our cooperation is always about distributing some tokens of the project that we build for the ARI10 stakers. The number of tokens received via airdrop is dependent on the number of ARI10 staked and the staking tier. In other words, the more extended in time pool you’ve chosen and the higher amount of tokens staked, the higher your share in the airdrop pool, and the higher the dollar amount of received airdrop.

When we distributed the first airdrop on Ethereum, it turned out that:

*Transaction fees cost us $250 per airdrop *Most of the investors get small dollar amounts in airdrop due to the low number of ARI10 staked *Many investors also didn’t get airdrops because we were sending them only if the dollar amount of an airdrop was higher than $1.

Issue statement: to increase the minimum number of ARI10 staked or not

Here are three potential outcomes (and the governance will decide which one we will go for):

Solutions:

SET THE MIN. LEVEL FOR $1

*The airdrop dollar value will be higly diluted to the really huge number of eligible stakers. *The transaction fees will be extremaly big, which means we cannot buy back and burn more ARI10 in quarterly token burns. *We will promote short-term investors with low amounts of tokens.

SET THE MIN. LEVEL FOR $5

*The airdrop dollar value will be even more diluted to the higher number of eligible stakers. *The transaction fees will be high, and the less we would be able to spend on the quarterly token burn. *We will promote short-term investors with low amounts of tokens.

SET THE MIN. LEVEL FOR $10

*The airdrop dollar value will be higher than now. *The transaction fees will be pretty sustainable, with a lower impact on the amount of ARI10 bought back and burnt. *We will promote mid-term investors with mid amounts of tokens.

ETHEREUM AIRDROPS DISTRIBUTION: ONLY FOR WHALES

*The airdrop dollar value will be higher for long-term investors. *The transaction fees will be lower, which means we can buy back and burn more ARI10 in quarterly token burns. *We will promote long-term investors with more extensive amounts of tokens.

Off-Chain Vote

LEAVE MIN. LEVEL AT $1
536.69K ARI100.5%
INCREASE THE MIN. LEVEL TO $5
31.52M ARI1028.6%
INCREASE THE MIN. LEVEL TO $10
5.7M ARI105.2%
SET IT ONLY FOR WHALES
72.29M ARI1065.7%
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Timeline

Dec 21, 2022Proposal created
Dec 21, 2022Proposal vote started
Dec 31, 2022Proposal vote ended
Oct 26, 2023Proposal updated