DUCKIES DAO PROPOSAL By: @Patrick3512 21 September 2023
Abstract The purpose of this proposal is to encourage people to keep playing the Duckling game for arranging a Mythical NFT, to encourage Mythical NFT holders to keep on holding and to keep the attached value fundamentally at this levels or even better.
Reward the Mythical NFT holders with a monthly airdrop as a temporary solution to fill the gap which is currently here while we’re waiting for the Mythical NFT use cases. This proposal is valid only and will stay operational until use case developments of the Mythical NFT’s are finished and operational.
The purpose of this proposal is to encourage people to keep playing the Duckling game for arranging a Mythical NFT, to encourage Mythical NFT holders to keep on holding and to keep the attached value fundamentally at this levels or even better.
This proposal only applies to Mythical holders and is divided among the number of Mythical NFTs, no distinction is made in the number of Mythical NFT’s and the associated ranks. Example: Each Mythical NFT equals an airdrop of XXX $DUCKIES per unit, regardless of how many units someone owns. This proposal does not distinguish between the ranks of Mythical NFT’s, so each Mythical NFT has one and the same value.
Execution: To successfully execute this proposal every month until the point where the fundamentals of the Mythical NFT’s will take over, the idea is to take a snapshot on the 15th (each month) at 12:00 PM CET on the Polygon blockchain to oversee all Mythical NFTs addresses. Using the disperse.app application, a team member can easily initiate the airdrop within a few minutes.
Potential risks The reward distributions will bring a amount $DUCKIES tokens on the free market. There is a risk that a part of them will be sold. For example; 200 Mythics times 5000 duckies times 2 distributions. 2.000.000 Duckies will inflate on the market against 51M already circulating duckies. That’s a 3,5% increase (spreaded in two months) which all belongs to gameplayers of the highest levels, the most trustworthy.
Budget The duckies reward tokens will be come from the community treassure. This proposal is valid for two months (two periods) and can be extended by another voting. According to the cuirrent excisting Mythics, this proposal asks for a budget of 2,000,000 $DUCKIES tokens from the treasury.
Roles The monthly snapshot and the reward distributions will be excecuted by the team. Rewards will be distributed monthy by manual transfers by a team member.
Rationale At this moment there is a need for a reward system that benefits the Mythical NFT hoders. This reward system is held very simply to apply so the team can start soon with it. It will give a new twist in the game and motivate current and new players.
Determining the dates:
-The target for the first snapshot will be 15/10/2023. -Dao voting start date: Thursday 28/09/2023. -Duration voting time : 5 days.
VOTING OPTIONS :
a) I do not agree with this proposals, no rewards for Myhtic holders. b) 1000 duckies per month. c) 3000 duckies per month. d) 5000 duckies per month.