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AthenaDAOAthenaDAOby0xA4aA615fBF2Ddc47e9cA0457a9818F5cbe69390f0xA4aA…390f

Re-allocation for revoked contracts

Voting ended 9 months agoSucceeded

Overview This proposal aims to redistribute 1,781,324.30 ATH tokens from revoked contracts to the current core team members and to allocate an additional 250,000 ATH tokens to support the recruitment of a new Web3 developer. The goal is to recognize the continued contributions of the remaining core team and to ensure the future growth of AthenaDAO.

Proposal

Initially, 9.2% of the ATH max token supply was allocated to the core team. Since then, team changes have occurred and vesting contracts have been revoked.

The core contributors propose that the released tokens be reallocated to better reflect the current team's ongoing commitment and to ensure continued strong alignment with AthenaDAO’s mission.

In addition, 250,000 ATH tokens will be reserved to attract a new core Web3 developer essential to the project's technical evolution.

The redistributed tokens will be subject to a 2-year linear vesting schedule, reinforcing long-term commitment and ensuring a fair and transparent structure. Importantly, the overall allocation to the core team will remain within the originally planned 9.2% of the max token supply.

Conclusion This proposal strengthens AthenaDAO’s core team, supports essential technical recruitment, and ensures the project's long-term success through fair compensation and aligned incentives, all while maintaining the integrity of the initial token distribution plan.

Off-Chain Vote

For
607.67K ATH100%
Against
0 ATH0%
Abstain
0 ATH0%
Quorum:156%
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Discussion

AthenaDAORe-allocation for revoked contracts

Timeline

May 02, 2025Proposal created
May 02, 2025Proposal vote started
May 05, 2025Proposal vote ended
May 05, 2025Proposal updated