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:
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.