Thanks @SmallCapScience @DCF GOD @0xCerCephla @ravensky for initial discussion.
Kraken Governance Proposal (KGP) - 1 Creation and Issuance of veSQUID
Creation of veSQUID a) New token, vested SQUID, henceforth known as veSQUID shall be created b) Locked sSQUID converts to veSQUID 1:1 with no minimum amount of sSquid
Issuance of veSQUID a) veSQUID will initially only be issued to Squid DAO NFT holders b) Squid DAO NFT holders shall be issued 1.00 veSQUID per Squid DAO NFT c) Any Squid DAO NFT holder may also decide to convert some portion of their sSQUID into veSQUID