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VitaDAOVitaDAOby0xe6Fec9C8B089aA30C8eD32072cfF2F8f76099C770xe6Fe…9C77

VDP-97 [Governance]: $VITA allocations for community & awareness contributors

Voting ended almost 3 years agoSucceeded

One-liner: Giving long-term VITA token allocations to top contributors in the Community & Awareness Working Group

Summary

Proposal: Allocate 700,000 VITA tokens for 6 of the top contributors and allow up to 300,000 VITA more to be allocated for a few more. This proposal allocates tokens which are budgeted for as contemplated in VDP-72.

These will be distributed over the next 4 years (with a 1-year cliff).

Motivation

VitaDAO aims to fund and spin out the best translational longevity projects to accelerate progress towards a healthier longer life.

The Awareness & Community WG focuses on elevating the profile of VitaDAO through various mediums to ensure sustainable community growth. Members of the Awareness & Community WG create strategies and content to expose VitaDAO to all interested parties and particularly to web3 and longevity communities.

Specification

Proposed Allocations|649x409

Implementation

The tokens will each be in a separate multisig, with the recipient, the VitaDAO Operations Multisig, the VitaDAO treasury multisig, and an individual steward. After 12 months, 25% of the tokens unlock and can be sent to the recipient to own and do with as they please.

Each month after that, another 2.08% of the allocated amount unlocks. Each multisig will delegate voting to the recipient so they can vote on proposals day 1.

Off-Chain Vote

For
1.39M VITA99.7%
Against
3.66K VITA0.3%
Abstain
1.49 VITA0%
Quorum:121%
Download mobile app to vote

Discussion

VitaDAOVDP-97 [Governance]: $VITA allocations for community & awareness contributors

Timeline

May 02, 2023Proposal created
May 03, 2023Proposal vote started
May 10, 2023Proposal vote ended
Oct 26, 2023Proposal updated