Proposal Overview
This proposal asks AVT holders to approve:
a) the launch of Aventus Cloud as a community‑run node‑hosting layer for Aventus appchains;
b) the formal constitution of the Aventus DAO (non‑profit legal entity) to steward treasury, growth, and delivery.
The goal is to enhance AVT utility, accelerate ecosystem growth, and ensure transparent, accountable community-led management via the Aventus DAO.
LEGAL DISCLAIMER: INFORMATIONAL ONLY; NOT AN OFFER OR ADVICE. PARTICIPATION INVOLVES RISK (TECHNICAL, REGULATORY, AND ECONOMIC); PARAMETERS MAY CHANGE BY GOVERNANCE; ALL SUBJECT TO JURISDICTIONAL COMPLIANCE AND A LEGAL MEMO CONFIRMING THE MODEL’S LEGALITY.
You are voting to approve:
- $50,000 (AVT) from treasury for legal memos in key jurisdictions.
- Formation of the Aventus DAO:
a) Initial 3‑member Council: Matthias Homan, Ochi Byambaa, Sean Naderi
b) DAO Manager: Ochi Byambaa.
- Aventus Cloud Light Paper (operational spec), with authority for the Council to implement any legal/technical tweaks required by regulators.
- Open node‑license sales (per Light Paper):
a) Founding Tranche: 2,000 nodes @ $500 USDT
b) Launch Tranche: 34,000 nodes starting $1,000 in AVT (+$100 per additional 1,000 sold)
c) Licenses non‑transferable until all tranches complete
d) Cap: 40,000 nodes total
- Rewards & fees (per Light Paper):
a) 5% of appchain node fees to Aventus Cloud nodes (paid in appchain tokens)
b) AVT issuance scales with active nodes in Year‑1 and halves annually
c) Staking boost (+1 virtual node per 2,000 AVT staked)
d) 6‑month Genesis Bonus (auto‑stake period)
- Initial operating budget:
a) DAO Ops share of node sale proceeds equal to 95% of Founding and 18% of Launch, plus 1,000 node licenses (50% at nodes go‑live; 50% at Truth Network go‑live)
b) Disbursed by the Council per DAO policy across Ecosystem Growth, Product & Tech, Marketing, Market Making & Exchanges, and Finance & Ops
- Approval of the Aventus Cloud Node Seller Agreement and authorization for the Council to appoint seller(s) to run node sales.
How it Works
Architecture:
Polkadot Relay Chain → Aventus Network → Aventus Cloud → Appchains.
Aventus Cloud nodes run appchain light nodes that optimistically validate checkpoints and can challenge discrepancies – adding decentralisation without harming throughput.
Economics:
- Fees: 5% of each hosted appchain’s node fees go to Cloud nodes, paid in the appchains’ tokens.
- AVT Issuance: Year‑1 daily AVT minting rises along a concave curve with active nodes, then halves each year (no fixed end date). Distribution is continuous/on‑chain by node weight & availability.
- Staking boost: Every 2,000 AVT staked on a node adds +1 virtual node to its reward weight. Genesis Bonus (6 months) redistributes rewards to early serials (#2,001 to 5,000 and #5,001–10,000). Availability: ≥8 heartbeats/day; shortfalls reduce that day’s rewards pro‑rata.
Node Sales:
The Aventus Cloud node sale funds the launch and long-term growth of the ecosystem.
- Licenses: Up to 36,000 sold across two tranches (Founding and Launch), with 4,000 allocated subject to vesting milestones.
- Tranches:
- Founding Tranche: 2,000 nodes @ $500 USDT, seeding early operators at low cost.
- Launch Tranche: 34,000 nodes starting at $1,000 AVT, with +$100 AVT per 1,000 sold (ladder pricing).
- Transferability: Licenses become transferable only after all tranches conclude, preventing speculation during rollout.
- Proceeds Split: Sales revenue distributed between the DAO, Node Sellers, and the Community Treasury, with Founding Tranche skewed heavily to the Treasury.
DAO Scope & Controls:
The Aventus DAO is a non-profit community organisation responsible for stewarding Aventus Cloud and the wider ecosystem. Its scope includes:
- Treasury & grants: managing community funds, issuing grants to appchains and ecosystem projects, and ensuring all spending is tied to clear milestones and KPIs.
- Ecosystem growth and marketing: supporting new and existing appchains, fostering partnerships, and funding initiatives that expand adoption of Aventus Cloud.
- Listings & markets: coordinating with exchanges and market makers to ensure AVT accessibility and liquidity.
- Product & tooling: overseeing development and maintenance of core open source infrastructure, governance tools, and ecosystem products.
Controls & Safeguards:
- Multisig treasury: All funds are held in multi-signature wallets, with spend limits and approvals tied to DAO policy.
- Quarterly reporting: transparent reports on treasury use, KPIs, and progress are published every quarter.
- Compliance: AML/KYC checks on all recipients of treasury grants.
- Open & permissionless: protocol codebases remain open-source, governance is on-chain, and participation is open to all AVT holders.
Governance:
- Voting remains mostly unchanged at voting.mainnet.aventus.io (Aventus) and gov.aventus.io (Snapshot/Ethereum).
- Quorum is 100k AVT, with a 7-day window. 1
- AVT = 1 vote; 1 staked AVT = 2 votes (only new element).
- Passed proposals will be executed by the Aventus DAO (where lawful/feasible).
Benefits to AVT Community
- Real utility and demand: AVT is used to acquire Launch‑tranche nodes and to boost node rewards via staking – locking supply and aligning incentives with network performance.
- Multi‑token income to operators: Cloud nodes earn both AVT rewards and a share of appchain fees (in appchain tokens).
- Sustainable growth flywheel: Halving schedule constrains dilution while node capacity attracts appchains; proceeds and grants fuel further adoption.
- Transparent, accountable delivery: DAO policies, multisig, KPIs, quarterly reports, and audits tie spend to outcomes; token holders can reconstitute the Council at any time.
If this Vote is Approved
The strategy will follow a gate‑based rollout (nothing advances unless the the prior gate is cleared):
- Upon Aventus DAO incorporation: Legal review (legal counsel prepares memos) and Founding Tranche node sales begin: 2,000 nodes @ $500 USDT. If Founding does not reach its target in 90 days after Aventus DAO is operational, 100% refunds (no DAO spend beyond legal).
- Gate A: If Founding succeeds → constitute the Aventus DAO, set up multisig, publish final Whitepaper/spec.
- Phase 1 (MVP) + Security Audit: Stand up live node ops, reward‑weight plumbing, and operator onboarding; emissions start only post‑audit at go‑live. Estimated 3 months (plus minus 1 month).
- Phase 2 (Feature‑complete) + Audit #2: Scheduler, multi‑tenancy refinements, ops tooling; publish public audit summary. Estimated 3 months (plus minus 1 month).
- Appchain onboarding: Bring initial appchains (Truth Network at Launch) onto Aventus Cloud.
Additional Information and Resources
How to Vote:
In order to vote on a proposal, you must have been holding or staking at least 1 AVT token at the time that the proposal was published. This means that if you attempt to vote on a proposal where the block number configured is in the past, and you were not holding or staking the required token back then, your vote will not be counted.
Please note that if you have staked all of your AVT on the Aventus Mainnet, you can still vote by using the Aventus-compatible governance platform.
To vote on the Aventus Network governance Dapp:
- Go to https://voting.mainnet.aventus.io/
- Ensure you have the PolkadotJS browser extension installed on your browser.
- Click on “Connect Your Polkadot Wallet”.
- Once your wallet is connected, click on the proposal you want to vote on.
- Choose the option you want to vote for.
- Sign the voting message.
Vote weight:
1 vote per AVT
To vote on Ethereum via Snapshot:
- Go to https://gov.aventus.io
- Click on the "Connect wallet" button in the top right corner. You can vote using any of the five compatible wallets supported by the platform.
- Connect with the wallet provider that you used to stake your AVT or where you hold your AVT.
- Click on this proposal to vote on it.
- Choose the option you want to vote for.
- Sign the message via your wallet.
Vote weight:
1 vote per AVT