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ZombieToadzZombieToadzby0x0dD408f6a119495F89608Be6ccCB3016684f87080x0dD4…8708

How should we compensate the community for their lost BRAINZ

Voting ended over 4 years agoSucceeded

GOAL:

Fairly compensate community members for their lost $BRAINZ, via a method that least hurts the DAO.

DESCRIPTION:

The DAO has been brainstorming ways to best compensate people for their lost $BRAINZ from staking their zToadz in the old exploitable and now-retired Legacy staking contract.

With volume relatively low, and gas fees high, airdropping the $BRAINZ or distributing via a claim contract seems likely to do more damage than good. Airdropping the tokens would cost the DAO roughly 10 eth (much too expensive) and a claim contract will cost each individual a gas fee to claim.

Our other option is to temporarily increase emissions, to compensate our members. This seems to be the most popular solution thus far, as it eliminates the need to spend a gas fee.

MATH:

The following values reflect the maximum possible rewards after increasing emissions over a 14 total day period. Option 1: 2X rewards = + 336 total $BRAINZ earned/zToad Option 2: 3X rewards = +504 total $BRAINZ earned/zToad Do we think it is best to receive:

Off-Chain Vote

2X $BRAINZ rewards
23 7.5%
3X $BRAINZ rewards
274 89%
via claim contract (costs gas)
0 0%
Nothing. Find another solution
11 3.6%
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Timeline

Nov 11, 2021Proposal created
Nov 11, 2021Proposal vote started
Nov 12, 2021Proposal vote ended
Oct 26, 2023Proposal updated