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FrankenDAOFrankenDAOby0x0f98464907DeD982C8bCfCee0B9257086400135eethvil.eth

Airdrop Farming as an income source + Airdrop alpha by Ghost

Voting ended over 2 years agoSucceeded

What is your idea? What are your goals?

I propose that we use some of the funds to farm airdrops for zkSync, Layer Zero and Polygon zkEVM to get income for the DAO. My goal is to successfully utilize DAO funds to generate revenue back to the DAO

I believe that Airdrop Farming can be a good income source for the FrankenDAO for multiple reasons. I have been working as a airdrop alpha provider for a couple of reputable DAOs, and it has been going great so far. I have made multiple calls that resulted in thousands of dollars of profit, and got experienced in farming wallets for major possible Airdrops like zkSync. FrankenDAO has a million $ sitting and doing nothing, so using some of those funds with little to no risk is necessary

I request the FrankenDAO to provide eth that can be used in farming and to pay expenses of this process. The ETH would serve to pay for transactional gas, increase bridging volume for relevant projects, cover proxy costs, and pay for an antidetect browser subscription. I have devised various methods to avoid Sybil detection by chains, and I am prepared to leverage these for the benefit of the DAO.

Furthermore, I will share my calls with holders so that they can farm airdrops independently, negating the need to devise their own strategies. I will also promptly post any crucial information concerning current drops and opportunities for immediate profit.

I will also host weekly Airdrop alpha sessions on discord talking about airdrops and personally assisting people with their own farming process.

How will this benefit the Franken DAO and FP holders?

This will largely benefit both the DAO, and holders because my actions will bring in profit to the DAO and I will provide exclusive info about the strategies and upcoming airdrops

Who will be accountable/creating it?

I will assume full responsibility for the execution and management of this endeavor.

What is the budget?

10 eth

(Funds will be used to have large volume on the chains to increase possible airdrops, and I will get .4 eth monthly for providing alpha and hosting weekly airdrop alpha sessions)

In addition to that there are recurring costs: Antidetect browser: 49$/month Proxy cost: 280$/month

This is based on the criteria of volume that past airdrops had. As an example, Arbitrum gave more tokens if you had more than 10k in volume and/or 10k liquidity added. Mind that most of those funds will be available to go back to the DAO at any time - they will just be used to increase volume of transactions. I believe that for farming, it is reasonable if I take 20% of all profits made.

So while 10 eth is a lot of money, it isn't actually at risk, and is just used to increase the bridging volume.

What areas of the community does this touch?

FrankenDAO, General

Proposed transactions

Transaction #1

FrankenDAO sends 10 $ETH to 0x9840951F6185Ae687d5ee8FAcFbFbF14f24727d7

Off-Chain Vote

Against
242 VP26.8%
For
661 VP73.2%
Abstain
0 VP0%
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Timeline

Jun 21, 2023Proposal created
Jun 21, 2023Proposal vote started
Jun 24, 2023Proposal vote ended
Oct 11, 2024Proposal updated