This proposal seeks community approval for two critical initiatives:
Establishing a community-governed treasury (Safe multi-sig) to secure ISC assets
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.
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.
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
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
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