Seed Token Distribution Change

Summary

The current model for Seed Round token distribution is one lump sum distribution each month of 10%. This proposal would change the distribution model to 1% every 3 days, effectively retaining 10% monthly while spreading out the distribution.

Details

Under this proposal, each seed round participant will be allotted 1% of their total tokens every 3 days. This number will accumulate, so there is no obligation to withdraw the tokens every 3 days. If you'd like to save on gas fees, you can allow the token amount to accumulate before withdrawing. Tokens will be claimable on the Landshare App.

Rationale

Under the current distribution model, a large number of tokens enter the market at one time. In order to minimize the effects of a large scale, lump sum sell-off, this proposal will space the distribution out over 30 days.