Governance Proposal #7: Scaling the Inflow of Deals Through a Community Incentive Program

Off-chain DAO outcome: The DAO of Elders approved this proposal with 12 out of 16 votes "for" and 4 out of 16 votes "abstained". Therefore the proposal passed and is introduced to on-chain DAO.

Summary: This proposal seeks to enhance the current revenue distribution structure of the launchpad by introducing a new incentive program aimed at encouraging community-driven deal inflow. By allocating a portion of the launchpad fees to individuals or teams that successfully bring Initial DEX Offering (IDO) projects to our platform, we aim to stimulate growth and solidify our position as a competitive launchpad in the market.

Current Fee Structure: The launchpad currently charges a 10% fee on each IDO, distributed as follows:

5% allocated to God Tier Stakers. 5% directed to the Team Treasury (covering salaries, infrastructure, legal compliance, and other operational needs).

Proposed Fee Structure: The new structure modifies the allocation of the 10% fee as follows:

5% allocated to God Tier Stakers. 3.5% allocated to the Team Treasury. 1.5% allocated to the person or team responsible for bringing the IDO to the platform.

Key Benefits of the Proposed Structure:

Incentivizing Community Engagement: By rewarding contributors who bring deals to the platform, we activate a larger network of individuals and teams, effectively expanding our reach without additional marketing costs.

Accelerating Deal Flow: The proposed incentive ensures a steady inflow of high-quality projects, as motivated contributors scout and connect IDOs to our platform. This aligns with the community’s shared goal of making the launchpad a thriving hub for IDOs.

Sustainable Ecosystem Growth: While slightly reducing the Team Treasury allocation, this redistribution prioritizes community-driven growth. The team will still maintain sufficient resources for infrastructure, salaries, and other expenses, ensuring no disruption to core operations.

Fostering a Competitive Edge: Many launchpads rely on traditional outreach methods to secure deals. Our incentive program creates a unique edge by tapping into the collective power of the community, making us a preferred platform for emerging projects.

Shared Value Creation: This proposal directly benefits all stakeholders. Contributors are rewarded for their efforts, stakers continue to enjoy significant rewards, and the team retains operational stability while benefiting from increased deal flow.

Quorum Requirement: To ensure fair and democratic governance, we propose setting the quorum for this proposal at 800,000 $sSparta tokens. This threshold ensures broad participation and reflects the importance of the decision to the community.

Call to Action: We encourage all stakeholders to actively participate in the governance process. Your support for this proposal will help us foster innovation, drive community engagement, and secure a prosperous future for our platform.

Together, let's make Sparta shine again!