One-liner: Distribute 6.9M BIO tokens to VITA holders and VitaDAO IPT holders
Team: Web3 Pod
Objective: Strengthen the connection between BIO and VitaDAO communities while aligning governance participation through token distribution to active VITA and VITA IPT holders.
Project Overview:
This proposal aims to distribute up to 6.9M BIO tokens (from VitaDAO’s 21M total allocation) to the VitaDAO community through an airdrop mechanism. The distribution will target VITA token holders and VITA-IPT holders based on multiple snapshots to ensure genuine long-term community participation. The airdrop will use a tiered system to ensure fair distribution across different holder categories.
Key Deliverables:
- Multiple Snapshots of eligible holders
- Implementation of distribution tiers and caps
- Distribution of BIO tokens via Streamflow
- Implementation of claim mechanism
Implementation Plan:
- Multiple snapshots of eligible holders
- Implementation of distribution tiers and caps
- Distribution of BIO tokens via Streamflow
- 80% (5.52M BIO) to VITA holders
- 20% (1.38M BIO) to VITA IPT holders(VITA-FAST, VITARNA, etc)
- Implementation of claim mechanism
Timeline: 2 months (January, 2025 - March, 2025)
Budget: Up to 6.9M BIO tokens from VitaDAO’s 21M allocation from BIO Protocol
Rationale:
This airdrop strengthens ties between communities, enhances governance participation, and creates alignment while maintaining significant treasury reserves (14.1M BIO) for funding science.
Distribution Structure:
Distribution tiers based on combined VITA and IPTs holdings:
VITA Holdings
- Whale tier : >=100,000 VITA holdings
- Postdoc tier : >=50,000 VITA holdings
- PhD tier : >=10,000 VITA holdings
- Bachelor tier: >=1,000 VITA holdings
- Vitalian tier :>= 100 VITA holdings
VITA IPT Holdings (VITARNA, VITA-FAST or AB4AD)
- Tier 1: >=100 tokens of 1 of 3 IPT
- Tier 2: >=100 tokens of 2 of 3 IPTs
- Tier 3: >=100 tokens of all 3 IPTs
Notes:
- Locked/vesting tokens like |VITARNA and vVITA will also be taken into account.
- Exact allocation per tier will be communicated soon after the snapshots are taken.
Benefit to VitaDAO Members:
Members gain increased governance capabilities through BIO token ownership, enabling participation in both VitaDAO and BIO governance ecosystems, fostering stronger cross-community decision making, while maintaining treasury reserves for funding science.
- Agree
- Revisions Requested (Detail in Comments)
- Disagree