This is the first in a series of proposals relating to the upgrade of CRE8R DAO tokenomics.
Thankyou to everyone who has given feedback and engaged in productive discussion around a range of topics related to buybacks, revenue sharing, F100 NFT and generally aligning incentives between the various participants in our ecosystem.
This document gives a more detailed outline of the issues being discussed.
https://docs.google.com/document/d/1WY92wYniBvN9et7LTNLRDFTNVu8QocHwPAP-xfY9BpU/edit?usp=sharing
Each proposal in this series will be simple, straight forward and short.
Proposal #1 - Buybacks
Use 50% of all new DAO revenue to preform buybacks of the $CRE8R token.
This policy is intended as a short term measure (3-6 months) and is updateable via governance.
Tokens bought back will be held in treasury for future use, not burned.