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Roko NetworkRoko Networkby0x4BFB940DDf9f18b2dC88248682cc34ab73969b1C0x4BFB…9b1C

Allocation of ROKO and TAO for Operational Costs (2025 Budget Period)

Voting ended over 1 year agoSucceeded

Proposal No. [37]

Introduction

Dear Roko Network Community,

This proposal seeks approval for the allocation of 10% of the total ROKO tokens and 20% of the total TAO tokens, both designated for the Operational Costs budget, which accounts for 15% of all total assets. The purpose of this allocation is to ensure adequate resources for operational expenses, which may, from time to time, be converted to USDC or other necessary assets to cover essential expenditures, such as payroll.

The proposed budget period will commence in Q1 2025 and extend through Q4 2025, providing a full year of operational funding to support the growth and stability of the Roko Network.


Proposal

1. Overview of Allocation

The operational cost budget represents 15% of all total assets, which includes the following amounts:

  • ROKO Tokens: 24,656,720,030.95 ROKO
  • TAO Tokens: 129.8845 TAO

This proposal seeks to allocate:

  • 10% of ROKO tokens: Equivalent to 2,465,672,003.10 ROKO
  • 20% of TAO tokens: Equivalent to 25.9769 TAO

These funds will be granted from the Roko Network Foundation to the Roko Network Corp to be used exclusively for operational costs.


2. Purpose of Allocation

  • Operational Flexibility: Enable the Roko Network Corp to manage operational costs, including payroll, infrastructure, and other administrative expenses.
  • USDC Conversion: Allow conversion of ROKO and TAO tokens to USDC on an as-needed basis to cover cash-based expenses while maintaining transparency and accountability.
  • Strategic Management: Ensure the operational team has the resources to focus on network growth and development without financial constraints.

3. Allocation Framework

  • ROKO Allocation: 2,465,672,003.10 ROKO tokens (10% of total operational cost allocation).
  • TAO Allocation: 25.9769 TAO tokens (20% of the total operational cost allocation).
  • Budget Period: Q1 2025 - Q4 2025

4. Considerations

  • Transparency: Detailed reports will be provided quarterly, documenting how the allocated ROKO and TAO tokens are utilized.
  • Oversight: Conversion of ROKO and TAO tokens to USDC or other currencies will follow the distribution strategy, ensuring funds are used responsibly and in alignment with the network’s goals.
  • Buffer Strategy: Any unused funds from this allocation will remain in the custody of the Roko Network Corp for future operational use.

Community Engagement

  • Feedback Mechanism:
    Community members are invited to share their thoughts and suggestions through the Roko Network Telegram and forums.

Flexibility and Amendments

  • Amendment Process:
    If adjustments are required during the budget period, changes will be proposed through a new Snapshot vote to ensure community involvement and support.

Conclusion

The proposed allocation of 2,465,672,003.10 ROKO tokens and 25.9769 TAO tokens for operational costs is a necessary step to ensure the smooth operation of the Roko Network throughout 2025. By granting these funds to the Roko Network Corp, we can maintain a strong foundation for the network’s continued growth and success while ensuring transparency and community alignment.


Voting Options

  • Yes:
    I approve the allocation of 2,465,672,003.10 ROKO tokens and 25.9769 TAO tokens to the Roko Network Corp for operational costs during the 2025 budget period.

  • No:
    I do not approve this proposal.

Off-Chain Vote

Yes
750.18M ROKO100%
No
0 ROKO0%
Quorum:75018477568%
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Timeline

Dec 03, 2024Proposal created
Dec 03, 2024Proposal vote started
Dec 06, 2024Proposal vote ended
Dec 06, 2024Proposal updated