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

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 issues.

  • Diluting or giving the impression to dilute the token with new tokens.

  • Be absolutely certain about the Lockup period and a yearly allowance (see Jed McCaleb and Ripple).

  • Regulatory clarity (securities).

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