StarSeeds Protocol Circulation Reduction and Distribution Adjustment Proposal

Summary: This is a proposal to reduce the amount of STARV4 held in the StarSeeds Protocol Treasury, adjust the STARV4 distribution plan, and adjust V4 Origin Relics Team Distribution. The goal is to reduce the maximum STARV4 in circulation to 2 million. Motivation: The motivation for this change is that this, along with other measures, will increase overall trust in the value of the STARV4 token. The current distribution model places too much STARV4 in one place for too long a period of time and doesn’t properly account for the distribution between Treasury-held liquidity and Liquidity-as-a-Service liquidity. Proposal: Reduce Max STARV4 in circulation to 2 million. Allocate as follows: 15% for the team (5% immediately, 10% linear vest over 4 years) 55% for StarSeeds Protocol Treasury-held Protocol-Owned-Liquidity 30% for StarSeeds Protocol’s Liquidity-as-a-Service DEX

Change Team allocated V4 Origin Relics to 30% of max, with limitations on how many Team Relics can be staked at a given time, as follows:

200 Maximum Team Origin Relics can be initially staked, with the total amount of staked team Origin Relics, increasing in relativity to the total among non-team origin relics minted/staked, up to a maximum of 50% of the total staked at any given time beyond the initial 200 staked.

If this proposal passes, most current STARV4 team vest tokens will be burned by being transferred to the Polygon burn address, and a distribution of 3000 Origin Relics will be made to Team Wallets. Then STARV4’s burn fee will be increased to its technical maximum of 10% for a small window of time (1-2 hours) while it is traded back and forth between two secure Gnosis multisig wallets until 1 million STARV4 remains. Then STARV4’s transfer fee will be restored to a rate of 0.9%. Conclusion: Implementing this proposal will help balance the distribution of STARV4, enhance trust in its value, and ensure a more sustainable and equitable allocation of tokens within the StarSeeds Protocol ecosystem.

---

This is a proposal to reduce the amount of STARV4 held in the StarSeeds Protocol Treasury, adjust the STARV4 distribution plan, and adjust Origin Relics.

1. Reduce Max STARV4 in circulation to 1M. Allocate as follows: 15% for team (5% immediately,, 10% linear vest over 4 years) 55% for StarSeeds Protocol Treasury held Protocol-Owned-Liquidity 30% for StarSeeds Protocol’s Liquidity-as-a-service DEX.

Change Team allocated V4 Origin Relics to 30% of max, with limitations on how many Team Relics can be staked at a given time, as follows.

200 total in TEAM Origin Relics staked initially, increasing in relativity to the total among non-team origin relics minted/staked, up to a maximum of 50% of the total staked at any given time beyond the initial 200 staked.

The reasoning for this change is that this, along with other measures will increase overall trust in the value of the STARV4 token. The current distribution model places too much STARV4 in one place for too long a period of time, and doesn’t properly account for the distribution between Treasury held liquidity and liquidity-as-a-service-liquidity.

If this proposal passes, most current STARV4 teamvest tokens will be burned by being transferred to the polygon burn address and a distribution of 50K STARV4 will be made to Team Wallets. All other team-held STARV4 tokens acquired via LP purchase or Origin Relics distributions will be returned to the Gnosis Multi-Sig Safe. Then STARV4’s burn fee will be increased to its technical maximum of 10% for a small window of time, 1-2 hours while it is traded back and forth between two secure gnosis multisig wallets until 1M STARV4 remains. Then STARV4’s transfer fee will be restored to a rate of 0.9%.