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CryptoHootsCryptoHootsby0x65EF8fACF7ED55816436BbC8CEB1E27b6A60761f0x65EF…761f

HIP-001 - Token Deployment

Voting ended over 4 years agoSucceeded

Proposal: Allow each Hoot to "forage" 10 $TOKENs daily. This will NOT require staking and $TOKENs can be claimed at any time by the user.

This mint rate will produce: 9,000,000 $TOKENs per year. 3,600 $TOKENs per Hoot/year

$TOKEN Cap: 90,000,000 (10 Years)

Deployment:

  1. Team will deploy new $TOKEN contract(s) on ETH chain that begins minting 10 $TOKEN per day to each hoot.
  2. Team will deploy website to allow viewing and claiming $TOKENs available to Hoot holders.
  3. Team will airdrop 300 $TOKEN per Hoot to facilitate the initial "free" genesis baby while still providing users additional options.

Background: This is the first step towards breeding and further development of the Hoot ecosystem.

Followup proposals will describe initial token sinks and their costs.

Off-Chain Vote

Yes
354 98.1%
No
7 1.9%
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Timeline

Oct 17, 2021Proposal created
Oct 17, 2021Proposal vote started
Oct 18, 2021Proposal vote ended
Oct 26, 2023Proposal updated