Dynamic Anti-Rugpull Mechanism 624 (DARM-624) is a governance-based vesting mechanism designed to lock or freeze contracts/wallets categorized as “Developer Allocation” during the initial tokenomics minting process.
The purpose of the protocol is to reduce the risk of excessive market pressure caused by large-scale selling activity from wallets holding substantial amounts of DNA assets, which could potentially threaten long-term market stabilization.
Original Vesting Structure The DARM-624 protocol is governed under the following vesting structure:
Under the original structure, the “Developer Allocation” consists of: 1,200,000 DNA
The vesting mechanism operates as follows:
for 24 months until the full: 1,200,000 DNA has been completely unlocked.
The DARM-624 protocol was originally designed to begin at the official market listing date, meaning:
Proposal Purpose: The purpose of this proposal is to begin the vesting process earlier, prior to the official market listing date.
Existing Governance Constraints
Listing Governance Intervention To establish a predictable vesting timeline, the governance intervention introduces a target listing due date of: December 12, 2027.
Proposal Offer: The proposal suggests that the developer allocation contract/wallet begin vesting immediately, prior to market listing.
Subject Address to be Vested 0xb0E495b05533B36d60103D8598DfBF6A0E652A40 Network: BASE
Proposed Vesting Structure Under the revised proposal:
Expected Outputs If approved and implemented, the proposal will result in: