CDIP - 1 (Community DAO Improvement Proposal 1) Authors: @yyctrader, @Anoniminis, @Nikhil
Basis Cash is a true fair launch project. Morty and the team do not earn any fees, nor are they entitled to any share of emissions. Every BAS/BAC token in existence is in the hands of someone who farmed it or market bought. This is what differentiates this team from all the others in DeFi. They built it and handed over ownership to the community on Day 1.
We feel that it is time for the community to show their gratitude to the dev team for all the hard work that they have done and continue to do.
The Community Development Fund currently stands at $216K. https://etherscan.io/address/0x7b075b3aa2f1143775101986b52e32da9d98fe22
This snapshot vote has been called after a successful Discord vote: https://discord.com/channels/784481893482758184/784486816266715176/791823209350561792
We propose that Morty and the team be paid a Christmas Bonus of $50K, to be shared as they see fit.