ChainGPT AIby
0x20C7…dD9a
Change IDO participation rounds from 2 to 3
To make the allocation more plannable, I suggest to change the IDO rounds from 2 to 3, because it's really hard, nearly impossiblem to get an allocation in FCFS (round #2), within seconds after start of the round. To make that fairer, I propose to organize the rounds like the following. Important: the exact amount and how it's calculated should be discussed in a future DAO proposal. This proposal is only for changing the IDO rounds from 2 to 3.
Round #1 (Guaranteed Allocation) [like before] Round one of an IDO will be granted only to the users who signal their desire to participate by registering their interest prior to the start of the IDO. (Typically, Registration will open a week prior and last until 24 hours before launch). This round is reserved for the top staking tier groups, Silver, Gold, and Diamond. However, every IDO is launched through social campaigns that allow a limited group of fast-acting Bronze tier members to earn their inclusion into the guaranteed round. Round #1 will last for 24 hours unless otherwise specified.
Round #2 All tiers will get another chance to get a guaranteed allocation. The rest of the given allocation will be splitted based on the staking amount again. This supports active CGPT investors to build up their portfolio faster and makes investing in IDOs fairer. As I said before, the way of calculating the amount of this potential new round has to be discussed. This round will be 12 hours long.
Round #3 (FCFS - First Come First Serve) Round three, the First Come First Serve, is open to the broader ChainGPT community. There is no requirement to register interest for FCFS; however, waiting for it runs the risk of users being unable to participate due to early completion. Here, all KYC tier members can join at will. Round #2 will last for 12 hours unless otherwise specified.
Off-Chain Vote
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- Author
0x20C7…dD9a
- IPFS#bafkreie
- Voting Systemsingle-choice
- Start DateOct 19, 2023
- End DateOct 22, 2023
- Total Votes Cast6.68M CGPT
- Total Voters61
Timeline
- Oct 19, 2023Proposal created
- Oct 19, 2023Proposal vote started
- Oct 22, 2023Proposal vote ended
- Oct 26, 2023Proposal updated