Galleon Core Team phased distributions model

We want to initiate the Core Team token distributions and vesting in 3 phases, as described in the Notion page, shared on Discord and reported here below:

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20% of all $GALL tokens ( 200,000,000 ) are reserved for Core Team contributors, with a vesting schedule of 5% unlocked upfront at TGE and the rest over a 24 months linear vesting period.

This proposal defines how the Core Team GALL tokens will be distributed to the Core Team members in accordance with the vesting schedule.

The Token Generation Event ( TGE ) has already happened in July 2023. The listing of the token is supposed to happen in December 2023 or 1 year since the project started.

The Core Team is comprise entirely of volunteers working on Galleon since December 2022.

We recognize that is it proper to begin token distributions, ahead of the token launch on a DEX to recognize the sacrifices done by Core Team members thus far. 100,000 $GALL tokens have already been distributed to each Core Team member to recognize the contributions made thus far.

This proposal addresses the distribution of the remainder of the 20% or 200,000,000 GALS to 20 Core Team members. We propose to break down the allocation of 198,000,000 = ( 200,000,000 - 20 * 100,000 ) $GALLs into 3 chunks that are to be distributed at the end of 3 respective phases as described here:

• Phase 1: 80,000,000 $GALL. Take count of all Task Points (or Days) put into Galleon by each and all contributors, from Dec 1st 2022 until August 31st 2023, and start vesting on September 2023 according to the stated schedule: 5% upfront and unlocked and the rest dispensed over a 24 months period, linearly.
• Phase 2: 70,000,000 $GALL. Take count of all Task Points (or Days) put into Galleon by each and all contributors, from September 2023 until the end of the year December 31st 2023, and start vesting in January 2024 according to the stated schedule: 5% upfront and unlocked and the rest dispensed over a 24 months period, linearly.
• Phase 3: 48,000,000 $GALL. Take count of all Task Points (or Days) put into Galleon by each and all contributors, from January 1st 2024 until March 31st 2024, and start vesting in April 2024 according to the stated schedule: 5% upfront and unlocked and the rest dispensed over a 24 months period, linearly. In this final phase the DAO will need to make a re-evaluation based on the launch of the project and possible price of the GALL token, as per what distributions and to what team members.

The distribution of Token shall begin in September 2022 according to the schedule and distributions detailed in the "GALL Tokenomics and Distributions "google sheet: https://docs.google.com/spreadsheets/d/1vUgrwuhZZ2jK9D7eKimFHFb_5u4Jbf2AvLZWfDtdJHY/edit#gid=1801191562