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Ice Snow CoinIce Snow Coinby0xf946A6521D201F2C757562Add139E5635e2a80b3Ice Snow Coin

[Proposal] Establish Community Treasury & Launch 5-15% APY Staking

Voting ended 8 days agoSucceeded

Proposal Summary Briefly explain the purpose and core

This proposal seeks community approval for two critical initiatives:

  1. Establishing a community-governed treasury (Safe multi-sig) to secure ISC assets

  2. Launching a sustainable APY staking program (5-15%) funded from the Marketing allocation

Both initiatives align with ISC's core principle: decentralization through community ownership, not centralized control.

Background and Motivation

Currently, a significant portion of ISC supply remains in a single deployer wallet. This creates:
• Centralization risk — one point of failure
• Community trust concerns — "who controls the funds?"
• Operational bottleneck — all spending requires one person's approval

Additionally, the Marketing allocation (20,260,000 ISC) was originally reserved for paid promotion. However, ISC has publicly committed to zero paid marketing. These funds should be redirected to community utility rather than sitting idle.

This proposal addresses both problems: securing assets via treasury and creating sustainable staking rewards.

Specific Solutions

Part 1: Community Treasury
• Platform: Safe (Gnosis Safe) on BSC
• Structure: 3-of-5 Multi-Sig wallet
• Initial funding: 50,000,000 ISC from deployer wallet
• Treasury address: [To be created after proposal passes]
• Rules: Any transfer > 10,000 ISC requires Snapshot vote

Part 2: APY Staking Program
• Source: Marketing allocation (20,260,000 ISC)
• Pool 1 — ISC Single-Stake: 5% APY, 30-day lock
• Pool 2 — ISC-BNB LP Stake: 10-15% APY, 90-day lock
• Reward mechanism: Block-by-block accrual, claimable anytime
• Sustainability: At 5-10% blended APY, rewards last 10-20 years

Contract parameters:
• Total reward pool: 20,260,000 ISC
• No mint function (ownership already renounced)
• Rewards distributed from pre-funded pool only

Expected Impact

For ISC Holders:
• Passive income opportunity through staking
• Reduced sell pressure (staked tokens are locked)
• Increased long-term holding incentive

For ISC Ecosystem:
• Decentralized treasury eliminates single-point-of-failure
• Transparent fund management via on-chain multi-sig
• Sustainable utility creation without inflationary token minting

For Community Trust:
• Deployer wallet holdings reduced from 35% to <10%
• All major spending requires community vote
• Alignment with "no team, no company" narrative

Implementation Timeline

Day 1-3 (Apr 25-28): Community voting period
Day 4 (Apr 29): Deploy Safe treasury + APY staking contract
Day 5 (Apr 30): Transfer 50M ISC to treasury + 20.26M to APY contract
Day 6 (May 1): APY staking goes live
Day 7 (May 2): Publish treasury address + contract audit summary

Off-Chain Vote

For
73.67M ISC100%
Against
0 ISC0%
Abstain
0 ISC0%
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Timeline

Apr 25, 2026Proposal created
Apr 25, 2026Proposal vote started
Apr 28, 2026Proposal vote ended
May 02, 2026Proposal updated