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Frog Nation DAOFrog Nation DAOby0x59f84Af6aa81c5BCC2791E8f1FA331b7FB2188ca0x59f8…88ca

Proposal for the creation of a second Whitelist for The Pond DAO

Voting ended about 4 years agoSucceeded

GM Frog Nation,

a new proposal to vote on has been made!

As indicated in the title the proposal is to create a second whitelist for "THE POND DAO" (our OHM fork). (Idea of a whitelist for the "THE POND DAO" has been introduced and voted on a long time ago here: https://snapshot.org/#/frognationdao.eth/proposal/0xbb169bdb9aa69022781d5ac79c06c2052933de37fd17ed27079dfba470a3025f)

Many opinions have been expressed on this topic especially in the Discord Community.

We have tried to come up with a solution with every dear frog in mind and here is our proposal:

  1. Frogs from the first whitelist (WL1) receive all of their benefits as planned. Confirmed addresses for WL1 are included from NFT 1 to NFT 5008 (Mints before January 1st 2020 12:00 UTC)

  2. Introduce a second whitelist (WL2) for the frogs that came late to the party but with nerfed benefits compared to the first whitelist.

These are the benefits:

WL1 - Price per bond = 1$, bonding cap = 100,000$ per wallet.

WL2 - Price per bond = 1.25-1.50$, bonding cap 40,000$-60,000$ per wallet.

This is just an example but if the proposal is passed the relative percentages between WL1 and WL2 will be maintaned

The pros and cons of a second whitelist in our opinion are:

Pros:

  1. Fair launch and bonuses for every frog.
  2. Helps prevent whales from feasting on the supply during the launch and dumping on us after.
  3. DAO demonstrates how inclusive, genorous and adaptive in regards to requests from the community.

Cons:

  1. More work for the developers and the team.

VOTE

  • Vote YES to introduce a second WL
  • Vote NO for not introducing a second WL

Thanks

Off-Chain Vote

YES
799.43K 96.2%
NO
31.7K 3.8%
Download mobile app to vote

Timeline

Jan 08, 2022Proposal created
Jan 08, 2022Proposal vote started
Jan 15, 2022Proposal vote ended
Oct 26, 2023Proposal updated