Olympus-2025-01: Migration to a New Token & DAO Establishment with Quantix Capital

Proposal: Migration to a New Token & DAO Establishment with Quantix Capital

Summary This proposal seeks approval from Mount Olympus DAO (MOD) members to migrate to a new token in collaboration with Quantix Capital. The migration would include establishing a new DAO dedicated to the project and dissolving MOD. While initial terms have been outlined, this proposal allows for further negotiation to ensure the best possible outcome for members.

Token Swap & Value Preservation • The swap ratio for the new token will be 5:1 (i.e., for every 5 NFAI tokens swapped, holders will receive 1 new token). • Despite this ratio, the total value of tokens will remain equivalent, ensuring fairness and maintaining asset parity for migrating holders. • This approach is designed to optimize liquidity, improve price dynamics, and strengthen long-term sustainability.

Token Allocation Breakdown The proposed distribution of the new token is as follows: • 20% to the Community – Allocated for users who migrate or swap their NFAI tokens to the new token. This will incentivize migration and ensure community engagement. • 20% to New Projects Foundation – To support new projects within the ecosystem and further development. • 20% to the new DAO – For liquidity provision, development support, and ensuring a strong partnership between the DAO and Quantix Capital. • 20% to Quantix Capital – To cover operational costs and continued support of the project. • 8% to Marketing – For promotional efforts, partnerships, and awareness campaigns. • 5% to Liquidity – To ensure sufficient liquidity for the new token on exchanges. • 5% to Team – For the development and operational team that drives the project forward. • 2% to Charity – To support charitable initiatives in line with the project’s vision for social impact.

Additional Provisions • Blockchain Selection – The token will be launched on either Solana or BNB based on community support. This decision is aimed at reducing gas fees and improving liquidity for altcoins, making the ecosystem more accessible to users. • Airdrop for Unsold Tokens – Any tokens not swapped during the migration will be airdropped to the community to maintain inclusivity and fairness. • Liquidity Contribution – Swapped NFAI tokens will be given to the DAO or the project foundation to further bolster liquidity. • Market Making Support – Quantix Capital will ensure market-making (MM) services for the new token, providing liquidity and stability for the project during the transition.

DAO Transition & MOD Dissolution • A new DAO will be formed to oversee governance and operations of the new token. • MOD will be dissolved upon successful transition, with treasury assets allocated based on an agreed-upon structure. • Members will have governance participation in the new DAO.

Disclaimer & Flexibility Clause • The details outlined in this proposal, including token allocation, blockchain selection, and governance structure, are subject to change if agreed upon by both the DAO and Quantix Capital. • This flexibility allows the project to adapt to evolving market conditions, optimize growth strategies, and ensure the best outcome for all stakeholders.

Voting & Next Steps • This proposal is for an initial approval to proceed with negotiations and the formation of a new DAO.

Voting Options ✅ Yes – Proceed with migration negotiations and new DAO formation. ❌ No – Retain MOD and existing structure.