BIP-97: Pipe Stacking

Voting ended 20 days agoSucceeded

Note: Snapshot is only a summary and may leave ambiguities that are covered in the full BIP in the forum which takes precedent.

Summary

BIP-97 proposes allowing VP to stack additively across all Pipes held in a single wallet, giving each Pipe its own 1,575 VP per week rather than capping the benefit at one Pipe per wallet. To activate the VP of each additional Pipe beyond the first, a holder must have 1,575 $BOTTO staked per additional Pipe. The first Pipe's VP remains unconditional, consistent with the original Pipes utility. This proposal increases the utility of holding multiple Pipes, reinforces the connection between Pipes and $BOTTO token ownership, and creates additional buy pressure on the token.

Proposal Specification

VP generation from Pipes stacks additively across all Pipes held in a single connected wallet — each Pipe generating 1,575 VP per week.
The first Pipe's VP is unconditional, consistent with the original Pipes mechanic.
Each additional Pipe beyond the first requires 1,575 $BOTTO staked in the same wallet to activate its VP. A holder with 3 Pipes must have 3,150 $BOTTO staked to receive the full 4,725 VP per week.
Pipes must be held in a wallet connected to the Studio at the start of each voting round.
The platform team will update the VP calculation logic to reflect the per-Pipe staking requirement. The Studio and documentation will be updated accordingly.

Timeline

If passed, implementation is targeted for the start of the next period.

Budget

Platform development time only. No additional budget required.

Criteria of Success

VP from all held Pipes correctly stacks per connected wallet, subject to the $BOTTO staking requirement
Increase in Pipes secondary market activity following implementation
Measurable increase in $BOTTO staking linked to Pipe activation

Disadvantages/Risks

VP inflation: stacking increases the total VP pool; mitigated by the $BOTTO staking requirement, which ties additional VP directly to token ownership
Whale concentration: holders with large Pipe collections could accumulate significant VP; mitigated by the staking requirement and by BIP-95 if passed
Platform changes required: requires updates to VP calculation logic, the Studio interface, and documentation

Off-Chain Vote

For

2.87M BOTTO84.4%

Against

528.09K BOTTO15.6%

Abstain

0 BOTTO0%

Quorum:679%

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Discussion

BIP-97: Pipe Stacking

Timeline

May 28, 2026Proposal created

May 28, 2026Proposal vote started

May 31, 2026Proposal vote ended

Jun 19, 2026Proposal updated

Summary

Proposal Specification

VP generation from Pipes stacks additively across all Pipes held in a single connected wallet — each Pipe generating 1,575 VP per week.

The first Pipe's VP is unconditional, consistent with the original Pipes mechanic.

Each additional Pipe beyond the first requires 1,575 $BOTTO staked in the same wallet to activate its VP. A holder with 3 Pipes must have 3,150 $BOTTO staked to receive the full 4,725 VP per week.

Pipes must be held in a wallet connected to the Studio at the start of each voting round.

The platform team will update the VP calculation logic to reflect the per-Pipe staking requirement. The Studio and documentation will be updated accordingly.

Disadvantages/Risks

VP inflation: stacking increases the total VP pool; mitigated by the $BOTTO staking requirement, which ties additional VP directly to token ownership

Whale concentration: holders with large Pipe collections could accumulate significant VP; mitigated by the staking requirement and by BIP-95 if passed

Platform changes required: requires updates to VP calculation logic, the Studio interface, and documentation