Tokenomics amendment

Quorum: 300,000 votes

—Summary—

Adjust the tokenomics of TAN.

—Proposal—

This proposal aims to validate the following amendment to the tokenomics of TAN (the future Tangent’s governance and revenue-sharing token):

• cvgPepes: 0.25%

• Partners: 0.5%

• Pre-deposit campaign: 2% (previously 0%)

• Creditors: 4%

• USG campaign: 12% (previously 9%)

• Team: 11.35% (previously 11.3%)

• CVG users: 15% (previously 14.96%)

• Initial liquidity: 20% (previously 33%)

• DAO: 34.9% (previously 27%)

—Rationale—

We propose this amendment to the tokenomics to:

• Be able to create an attractive pre-deposit campaign to bootstrap initial liquidity for USG

• Make the airdrop campaign more attractive

• Reserve a larger allocation for the DAO

• Avoid governance capture at launch by reducing the amount of TAN in the initial LP

• The shift from 33% to 20% for the initial LP has limited downside implications — even assuming an immediate dump of every token, the settled price ends up close to what we'd see with the higher LP allocation (6% difference only)

—Vote—

• Adopt the amendment

• Reject the amendment

• Abstain