Summary Tokenomics WG proposes to mint an additional 10% new vested VITA for new strategic contributors. Motivation VitaDAO’s community has been approached by many mission-aligned and strategic institutional biotech and web3 entities. Purchasing VITA on DEXs is impossible for these entities or in t…

I think this is a great opportunity for the DAO to gain more support from institutional and high-conviction members. In order to ensure that the culture of the DAO is maintained while accelerating its ability to operate, I think the following modifications should be made all token holders should …

I really like Niklas additional points. Identifying at least via anon account would be helpful. That way interactions can be started and the community can actively collaborate with them.

I love the idea of both bringing in strategic partners and raising more for the treasury. A few questions that come to mind: I don’t know exactly how current tokens are structured. I assume that these are being minted from the pool that’s allocated for treasury, not increasing the total supply ca…

After talking to some people, I think I’m starting to get it… but if someone could phrase things more simply for all of us here in the tokenomics n00b club, that might really help get more support. Some suggestions: We are giving {person? org?} X in exchange for Y. X = 10% of tokens that are curr…

Agree From the initial post I gathered that these 21 contributors are anon/unknown right now, but by the time the proposal goes to a vote, all voters would at least know who those contributors are (twitter anon or otherwise) to be able to confirm them. Not sure if I understood it right, though. Mig…

From my layman’s view, I think this is a good idea, you don’t want to restrain capital and (does it have to be always mandatory) expertise inflow. “Receiving more contributions than we can deploy for 12-18 months” => is a good point. The 4 major pitfalls in my opinion for this are: Governance i…

But I guess you don’t want either a single organisation or few individuals to have a too big of a pie of tokens, especially if you consider the price is still low, it can become a drag in the future. This could still be acceptable if they bring recognition through their funding or expertise.

updated it to represent the latest discussion we have to focus on roughly 5 high value add investors!

Updated again following discussion with @theobtl

VDP-11 New 10% VITA Mint for Treasury & Strategic Contributors

Proposals Passed Proposals

Serval November 8, 2021, 6:18am 11

insightful additions, especially the second point ( identification via Twitter handle)

VDP-58 Proposal to Accept Funds

VDP-54 Institutional Genesis Raise

Topic		Replies	Views
Continuing the discussion what happens after VDP-11 Tokenomics Squad	0	1036	January 19, 2022
VDP-54 Institutional Genesis Raise Passed Proposals	6	2990	September 7, 2022
VDP-121 Proposal to Mint 10% of Total Token Supply Proposals	1	556	September 11, 2023
VDP-3 VitaDAO Tokenomics Proposal Passed Proposals	28	6512	July 15, 2021
VDP-1 VitaDAO Governance Framework Passed Proposals	14	4314	July 11, 2021

VDP-11 New 10% VITA Mint for Treasury & Strategic Contributors

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