In recent months, our community has expressed a strong desire to increase ways for users to contribute to ChainGPT’s ecosystem, specifically through the Burn Mechanism and the DAO Fund. In response, we are proposing a new mechanism to allow non-stakers to participate in IDOs, while also generating additional revenue for the ecosystem, burning CGPT tokens, and supporting the ChainGPT AI company’s treasury.
This proposal offers multiple routes for implementing a system where users can buy a tier (Bronze, Silver, Gold, Diamond) for one-time use in any upcoming IDO. The tier purchase will contribute to the CGPT token burn, the DAO Fund, and ChainGPT’s revenue model.
The goal of this initiative is to ensure that it is always more beneficial for users to stake $CGPT tokens for ongoing participation, while acknowledging that some users prefer to participate in specific IDOs without the long-term commitment of staking.
Note: This proposal is presented as a flexible mechanism to enhance user participation and revenue for the ChainGPT ecosystem. However, the DAO retains full authority over the final decision. The DAO may choose to accept, modify, or completely decline the proposal, thereby opting not to permit non-stakers to purchase staking points, tiers, or allocations without staking CGPT. The community’s feedback and vote will ultimately determine if any or all aspects of this proposal move forward.
When users purchase a tier for one-time use, 50% of the purchase price will be used to buy CGPT and burn it on the BNB Chain, and 50% will be directed to the Treasury of ChainGPT AI. This distribution directly supports the ecosystem and the company’s long-term development while allowing more users to participate in IDOs.
Non-stakers can access a percentage of the total IDO allocation, ranging from 5% to 20%, depending on the size of the sale. Larger sales will allow a higher percentage for non-stakers, while smaller sales will have lower availability. The allocation breakdown is as follows:
This tiered system ensures that non-staker participation scales proportionally with the size of the IDO, providing flexibility while preserving the core benefits for stakers. Two Implementation Options, Three Voting Options:
Users can purchase a tier (Bronze, Silver, Gold, or Diamond) for one-time use in any IDO of their choice. Here’s how it works: • Usage: After purchasing a tier, users can participate in the same Guaranteed Round as any other staker with that tier. • Non-refundable: Once purchased, the tier is non-refundable and non-reusable. If the user decides not to participate in the IDO or requests a refund, the tier will not be refunded or reused for future sales. • Purpose: This option allows users to participate without staking but still engage with the platform’s core processes. • Fee: Participating through this option will cost users approximately 10%-20% of the CGPT required to acquire a tier on the launchpad. For example, if a user wants the same allocation as a Diamond tier member for a single IDO, the fee would range from 10,000 to 20,000 CGPT. Alternatively, users can stake 100,000 to 200,000 CGPT to secure a permanent Diamond tier, retaining their tokens and the ability to unstake them after the lock-up period ends. This ensures staking remains the more cost-effective and long-term advantageous choice.
Description: The one-time tier purchase provides an entry point for users who are interested in participating in a specific IDO but do not want to commit to staking $CGPT tokens for an extended period. This model allows non-stakers to engage in the platform, while still benefiting the ecosystem with a token burn, DAO Fund contribution, and treasury support. It’s an ideal option for users who want a flexible, short-term commitment to join an IDO of their choice.
This option allows users to buy an allocation without needing a tier, but with an additional fee: • Fee: A 25%-50% fee in stablecoins will be applied to buy the allocation. • Revenue Distribution: The fee will be split as follows: • 50% will go towards the CGPT burn mechanism. • 50% will support ChainGPT AI’s company treasury. • Hard Cap: Users can only buy up to the equivalent of a Diamond-tier allocation. • Purpose: This is for users who do not wish to stake CGPT or buy a tier but still want to participate in IDOs with an associated fee.
Description: This option allows users to buy an allocation without needing to stake CGPT or purchase a full tier, but it comes with a fee. The fee is redistributed to benefit the ecosystem: a portion is burned, another portion supports the DAO Fund, and the remainder strengthens the company’s treasury. This option provides a path for users who want to participate but do not want to lock up tokens for staking or buy a full tier. The fee mechanism ensures that even non-stakers contribute to the platform’s growth and tokenomics.
The final option is to make no changes to the existing IDO system, keeping it exclusively accessible to stakers. This approach ensures that participation in ChainGPT Pad IDOs remains limited to users who stake CGPT tokens, preserving the current structure and benefits for committed stakers.
We recognize that pricing for tier purchases and direct allocation purchasing with a fee is an essential part of this proposal. Therefore, we propose that the pricing model be determined in a subsequent DAO proposal, which will focus on ensuring that it remains more beneficial for users to stake CGPT rather than buy a one-time tier for IDO participation.
We are committed to transparency in this process, and the pricing model will be made public for community feedback before any implementation.
This proposal is just a starting point. We welcome feedback from the ChainGPT community and encourage suggestions to refine the implementation details. We also propose to set up a timeline for community discussions and a voting process, where community members can vote on this DAO proposal once the details are finalized.
This proposal aims to bring new users to ChainGPT Pad, provide additional revenue streams, and allow non-stakers to participate in IDOs. By introducing these options, we hope to foster a more diverse and engaged user base, while also strengthening the overall ChainGPT ecosystem. We encourage all community members to participate in the discussion and provide feedback as we move forward with this proposal. Let’s work together to build a stronger, more vibrant community and ecosystem for ChainGPT Pad!