Supplementary Proposal for Tokenomics 2.0 (Both BNBchain and Arbitrum are eligible to participate in the voting)

The EDE community has been actively engaged in discussions regarding the strategic investment of 20,000 USDC in the EDE treasury, which now has an initial value of $20,000. To enhance the project's value and incentivize participation, we propose the introduction of a supplementary tokenomics model - EDE Treasury Token (EDT).

Objective:

The primary objective of this proposal is to create a sustainable token economy that aligns with the project's long-term goals, offers incentives to the EDE community, and maximizes the utility of the EDE treasury.

Tokenomics 2.0 Proposal:

--EDE Treasury Token--

-Token Ticker: EDET
-Total Supply: 1,460 EDET
-Emission Rate: 1 EDET per day

Acquiring EDET: EDET can be obtained through the following methods:

-Staking EDE tokens in the EDE DAO Treasury
-Participating in the Auction (Burn EDE to receive EDET)

Redemption:

Excluding the 10% reserved for protocol development, 90% of the existing cash balance within the Treasury is made available for redemption by EDET holders. EDET holders can choose to surrender any or all of their EDET tokens in exchange for their pro-rata share (the surrender value) of the Treasury's cash balance, excluding EDE tokens.

A two-day redemption window will be available every two weeks for EDET holders to redeem their EDET tokens. Upon redemption, the corresponding EDET tokens will be burned.

By introducing the EDET token into the EDE ecosystem, we believe it will generate increased demand for EDE tokens and contribute to the growth and development of the EDE DAO in the future. This supplementary token system aims to bolster the overall value proposition of the platform, providing additional utility and benefits for EDE token holders while fostering greater engagement within the community.