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MetaFactoryMetaFactoryby0x8F942ECED007bD3976927B7958B50Df126FEeCb5metadreamer.eth

Sunset Buyer Rewards

Voting ended almost 3 years agoSucceeded

Since the launch of MetaFactory, $ROBOT has been leveraged as the primary governance mechanic of the DAO and heavily distributed via buyer rewards as an onboarding mechanic to reward supporters of the MetaFactory vision of a decentralized headless brand -- a factory of factories. $ROBOT has also been used to reward designers, collaborating brands, operations and labor.

Just last month we hit the $1.6m revenue threshold in the distribution schedule, which triggered the next buyer/designer reward distribution as follows:

  • 3929.9 ROBOT to Buyers
  • 2146.4 ROBOT to Designers
  • Total 6076.3 ROBOT in this distribution to 813 unique wallets

To begin transitioning towards longterm token sustainability and healthy growth, there has been discussions on scaling back token distributions and introducing "token sinks" for increased utility / demand. This proposal outlines some initial changes to ROBOT tokenomics that will set the stage for a larger "v2 tokenomics" revamp in the future.

Current Metrics:

  • Circulating Supply: 220,525
  • Maximum Supply: 420,000

Primary proposed change to tokenomics:

  • End buyer rewards moving forward
  • Direct fiat revenue share with designers / brands to reduce ROBOT sell pressure

Off-Chain Vote

Approve
7.82K ROBOT99.9%
Reject
10.78 ROBOT0.1%
Abstain
0 ROBOT0%
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Discussion

MetaFactorySunset Buyer Rewards

Timeline

Apr 14, 2023Proposal created
Apr 14, 2023Proposal vote started
Apr 21, 2023Proposal vote ended
Apr 17, 2025Proposal updated