After some conversations with the Akita community it has become clear that the best path to maximize our ETH outcome is to enable some form of participation with them.
Highlights:
There will be a buy back and burn program that funds the AKITA LBP, for every 1 AKITA purchased X will be burned. Specifics not finalized.
The ETH raised here will be put into the LBP with a time of completion set for 3 months.
Based on our conversations I propose the following:
Option 1:
We split the LP Tokens as follows: 40% to Gitcoin 40% to Akita (streamed over the length of the LBP through Sablier) 20% to a Charity (yet to be chosen) funds ETH raised will be delivered VIA Gitcoin, post sale.
Option 2:
We split the LP Tokens as follows: 80% to Gitcoin 20% to a Charity (yet to be chosen) funds ETH raised will be delivered VIA Gitcoin, post sale.
We agree to burn more Akita via Sablier by streaming to the 0x000 address Y tokens for each X Akita in the LBP.
Option 3:
We don't split the LP Tokens
We agree to burn more Akita via Sablier by streaming to the 0x000 address Y tokens for each X Akita in the LBP.
Without a serious burn or a share of the ETH being raised, AKITA is not in a position to cooperate.