GS DAO proposes to distribute the potential LayerZero Token rewards from the RFP program to the following members of the GameSwift Community (based on LayerZero’s Snapshot #1, May 1st, 2024):
27,5% allocated to the $GSWIFT bridge users - based on transaction volume and Multiverse NFT holdings. Therefore, users who either bridged more volume or held Multiverse NFT would potentially receive a larger allocation.
27,5% to GS Pay Stakers (II) - based on the amount of $GSWIFT tokens staked, subject to the tier system benefits.
10% to $GSWIFT/$USDC Lockdrop participants and regular LP providers - based on the amount of $GSWIFT/$USDC liquidity provided and the duration of provisioning.
10% to $GSWIFT Single Asset Stakers - based on the amount of $GSWIFT tokens staked.
7,5% exclusively to community members who participated in the governance proposal voting on “Transforming the GameSwift DAO Treasury Into An Omnichain Treasury Powered by LayerZero” (Feb 15th, 2024).
7,5% to the Modular Saga Campaign participants - based on their NFT holdings.
This proposed allocation totals 90%, following LayerZero's recommendation to allocate 10% to the developers.