Summary: As part of RDAT DAO’s transition from the Base network to the Vana Mainnet, we propose a new tokenomics model to support the migration, incentivize new data contributions, and ensure long-term ecosystem growth. The new tokenomics model will increase the total supply to 100 million RDAT tokens and allocate them to key areas that will drive the project’s growth and sustainability.
Background: The current RDAT tokenomics model has a supply of 30 million RDAT tokens. To support r/datadao’s expansion and incentivize data contributions, we are proposing an increase in the total supply to 100 million tokens. This update is essential for:
Proposal: We propose the following tokenomics allocation for the new total supply of 100 million RDAT tokens:
New Token Details:
Token Name: r/datadao Ticker Symbol: $RDAT Blockchain: VANA Total Token Supply: 100,000,000 $RDAT
Allocation
Migration Reserve 30% : 30.000.000 100% unlocked at TGE.
Future Rewards 30% : 30.000.000 0% unlocked at TGE. Unlock begins when Phase 3 and subsequent phases are initiated.
Treasury & Ecosystem Development 25% : 25.000.000 10% unlocked at TGE. Cliff of 6 months, then unlocks 5% monthly afterward.
Liquidity & Staking 15% : 15.000.000 33% unlocked at TGE for liquidity, with the remaining used for staking incentives.
Total Supply : 100.000.000 This is a fixed supply
Rationale:
This tokenomics proposal is designed to:
Migration Reserve: Ensure a seamless migration process for RDAT holders when transitioning to the Vana Mainnet.
Rewards for New Data Contributors: Encourage the contribution of new, high-quality data that is crucial for the continued success of RDAT.
Treasury & Ecosystem Development: Provide r/datadao with the resources necessary to fuel development, partnerships, DAO Structure, and overall ecosystem growth.
Liquidity & Staking: Facilitate liquidity for RDAT token holders and incentivize staking to promote engagement with the token.
Budget:
Next Steps: