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HeadDAO - RebootHeadDAO - Rebootby0xDEe770Fae53DBB088becE9258EF35fCEfCF36989headdao-reboot.eth

Decide on a distribution model for the final ETH distribution

Voting ended about 2 years agoSucceeded

Since $HEAD cannot be used for a fair distribution for many reasons (please read Bio's announcement if you haven't already: https://discord.com/channels/897322417175818290/897326368688341062/116129253908993233), we have to rely on our ERC-721 tokens to find a new distribution model. We have discussed and refined two different models over the last few weeks, one is called "Rubberband" and the other is called "One to One".

You can access both here: https://docs.google.com/spreadsheets/d/10H-mz-WKP_8bRGK6dJTbFCuyYLl-cKzzNdQdAZ00q8w/edit#gid=664668370 (please don't dox your google account by mistake, use an incognito tab if you want to avoid that).

"Rubberband" basically increases the rewards for small holders (with less than 6 HeadDAO NFTs). Small wallets get more, whales get less. "One to One simply scales with the number of assets you hold, no additional weighting is applied here.

ATTENTION: The number of wallets, number of NFTs and total available liquidity are rough estimates. The "ETH per point" for both models is highly dependent on the number of eligible NFTs, and we don't know that number yet. Feel free to make a copy of this spreadsheet and change the values to suit your needs.

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Off-Chain Vote

Rubber band
491 HEAD30.2%
One to One
1.07K HEAD66%
Abstain
61 HEAD3.8%
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Timeline

Oct 22, 2023Proposal created
Oct 22, 2023Proposal vote started
Nov 21, 2023Proposal vote ended
Nov 21, 2023Proposal updated