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Adding Draft of Proposal_02#4

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thetavol wants to merge 1 commit intomainfrom
proposal_02
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Adding Draft of Proposal_02#4
thetavol wants to merge 1 commit intomainfrom
proposal_02

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@thetavol
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@thetavol thetavol commented Sep 3, 2021

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@KevinVitale
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I’m confused. I don’t understand why the prop that failed is being reintroduced? If a retrospective community call is necessary to discuss what happened, then that definitely makes sense. @thetavol


An additional allocation of up to 71,000 VOL is requested for potential community or other third-party contributions in support of the founding council’s objectives. Approval for spending this allocation is subject to a majority of founding council members approving the amount with a “I agree” vote on the founding council discord channel.

All VOL rewards will vest 100% after 180 days. No newline at end of file
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@tapeth tapeth Sep 3, 2021

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Several people inquired why X months when most founding participants of an organization would normally have a much longer Vest length. It was brought up the minimum vest period for staking is currently 6 months and Vol founders / investors have a 2-year vest. I would recommend we give the community optionality of 6, 12 or 24 months. Maybe we consider vesting being released on a monthly increments so it's not all locked for the full period.

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4 participants