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SharedStakeSharedStakeby0x610c92c70Eb55dFeAFe8970513D13771Da79f2e0chimeradefi.eth

SIP-33: H1 DAO payout multisig match

Voting ended over 2 years agoSucceeded

This vote seeks approval to match 40k from the SGT treasury multisig to H1 2023 contributors alongsides Chimeras vested token distribution.

Details

on form respondents and transaction details can be found here: docs.SharedStake.finance - https://docs.sharedstake.finance/join-the-sharedstake-co-op/h1-2023-payout

Multisig transaction

to be executed on passing can be found here: Safe - https://app.safe.global/transactions/tx?id=multisig_0xeBc37F4c20C7F8336E81fB3aDf82f6372BEf777E_0x0e545662d31893be1fce07b679a25a338a7ac6c1068dfc3023b7516f3eeec712&safe=eth:0xeBc37F4c20C7F8336E81fB3aDf82f6372BEf777E

Overview

Match 40k SGT from treasury and payout 29 community contributors.
On execution of the transaction Chimera will transfer his share towards this, 40k SGT, to the treasury multisig.

User details

30,033 respondents. Filtered down to 28 real, positive, contributors. Split as 3 MVPs which delivered a ton of value to the DAO. And 25 community members, advisors, multisig holders, DAO members, mods, devs who contributed in some way.

Payout details

6 mo founder vest -> 200k 20% of -> 40k DAO Match -> 40k Total: 80k Assume 50% payed later/ veSGT locked: 40k total 3 mvps split 60%: 8k each (24k total) remainder split across community (28 respondents) -> 16k Allocated 20k to marketing multisig from main multisig Total DAO spend: 60k SGT Total new SGT entering circulation now: 60k SGT inflation increase at EOY 2023 if rewards are paid out over the next 6 months => 4.42%

Options

  • Yay - yes - exec the tx
  • Nay - do not match or exec the tx
  • Rerun - modify this / discuss this more and redo the vote
  • Abstain

Off-Chain Vote

Yay
21.4M veSGT89.2%
Nay
2.41M veSGT10%
Redo
178.62K veSGT0.7%
Abstain
0 veSGT0%
Quorum:47979476%
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Timeline

Jul 30, 2023Proposal created
Jul 30, 2023Proposal vote started
Aug 04, 2023Proposal vote ended
Oct 26, 2023Proposal updated