FINAL: UPLIFTIUM NFTs As Miners

Summary

Context

We will be releasing new blends that will allow people to get higher denominations of $UP NFTs, ie 10MM and 100MM

All blends will have a small requirement for shards to be produced (like a small transfer tax to give the new shard economy a little love) of 5 shards per blend. Shards get burnt.

Proposal

We should assign $UP drip pools that will make these NFTs miners, akin to staking them for rewards. This gives us a basic, easy way to incentivize the saving of UPLIFTIUM and will act as a currency velocity decrease, locking up more supply, which should have a measurable supply shock effect.

This Would use 1/4th yoshi distro savings 5MM $UP per week. Pool One: 2MM UPLIFTIUM per week for those holding 1MM $UP NFTs Pool Two: 1.5MM UPLIFTIUM per week for those holding 10MM $UP NFTs Pool Three: 1.5MM UPLIFTIUM per week for those holding 100MM $UP NFTs

Procedure

This is a FINAL proposal based on https://snapshot.org/#/theuplift.eth/proposal/0x9235d04b853cc9a0ed703af704282716e7fd14b5827b701898c66b0b411b4b48. The strategy for this vote will be weighted voting

Options

Proceed with the new pools Do not proceed