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Proposal #6: Removing Guaranteed Allocation for Decubate's Base Tier

Voting ended over 2 years agoSucceeded

Introduction

Decubate's mission to revolutionize Web3 with an all-in-one tokenization DAO has been a driving force behind the success of our compliant launchpad. Since our inception in 2021, we have facilitated the fundraising efforts of numerous promising projects, offering IDO fundraising to an expanding community that now nearing 20,000 registered investors. In our ongoing pursuit to pioneer the future of Web3, we adapt and innovate in response to our experiences and community feedback. That brings us to our next step in ensuring an optimal user experience.

The Governance Proposal: Refining the Base Tier

Our current Base tier offers both Guaranteed Allocation (GA) and First Come, First Serve (FCFS) allocation in IDOs to newly registered users that have completed their KYC verification. After a thorough review, we propose to refine this allocation method.

The Proposed Change

We propose removing the Guaranteed Allocation (GA) from the Base tier, enabling solely First Come, First Serve (FCFS) allocation round. This decision stems from our commitment to fostering shared growth and maintaining a dynamic, user-friendly platform.

Benefits

The main advantage is streamlining access to IDOs for Base tier users. With the FCFS model, Base tier users have an equal and fair opportunity to participate in any IDO they are interested in, creating a simple, straightforward experience. This change would further encourage user activity and engagement on our platform.

It also allows us to manage IDO allocations better, ensuring a more stable and efficient allocation process for all tiers. This aligns with our core values of adaptability and sustainability as we continue to improve our offerings to meet the needs of our growing community.

Considerations

The free Guaranteed Allocation for the Base tier has supercharged our growth in the past months. While we see the potential benefits and experience this growth, some Base tier users may perceive the removal of GA as a reduction in opportunities. However, it's important to note that the FCFS allocation system still provides access to IDOs and fosters a sense of fairness and equal opportunity.

Conclusion

In our quest to ignite Web3 projects and empower innovators, this change would enhance the user experience on our platform and optimize fair allocations for IDOs. It reflects our core values, especially our adaptability, integrity, and sustainability commitment.

The decision will be left to the Decubate community in alignment with our DAO. We welcome your input and encourage you to participate in the upcoming vote on this proposal. The choices will be to Agree or Deny this proposal. Your voice matters, and we are excited to hear your views.

Thank you for being a part of the Decubate journey. Together, we continue to break down barriers and ignite the next wave of innovation in the decentralized economy. Your feedback and participation shape our collective future.

Off-Chain Vote

Remove GA from Base tier
28.87M DCB47.7%
Keep GA for Base tier
31.62M DCB52.3%
Quorum:6048%
Download mobile app to vote

Timeline

Jul 20, 2023Proposal created
Jul 20, 2023Proposal vote started
Jul 23, 2023Proposal vote ended
Oct 26, 2023Proposal updated