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Gas DAOGas DAOby0xCDA290c181862e3D299AAf280c9fd647f98d4Ad60xCDA2…4Ad6

# Heat Check: New Contributors $Gas Allocation and Vesting Plan

Voting ended about 4 years agoSucceeded

Based on the GasDao roadmap, core contributor allocation reduced from 15% to 12% of the total supply, 6 month vest period. However, that's still 666,000,000 $GAS emission for contributors per day.

1,000,000,000,000 GAS * 12% / (6 * 30) = 666,000,000 GAS

This kind of allocation may be fair for a startup in silicon valley, but it is definitely too much for a DAO.

So we propose as below: Total $GAS allocation to the core contributor further reduced to 2% of the total supply, vesting period extends from 6 months to 24 months. 10% of $GAS which is originally for core contributors needs to be burned.

We know this would be tough for the core contributors, and the only reason we as a community are asking this is that we want GasDao to really become the biggest and most divested DAO in Ethereal and WEB3.0.

Appreciate what you have done and WAGMI!

Off-Chain Vote

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2.85B 100%
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0 0%
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Timeline

Dec 30, 2021Proposal created
Dec 30, 2021Proposal vote started
Dec 31, 2021Proposal vote ended
Oct 26, 2023Proposal updated