VDP 3.1 Tokenomics Proposal Amendment
Based on final input from the community, VitaDAO is putting up the following genesis tokenomics for vote by VITA genesis token holders based on feedback on VDP3: VDP-3 VitaDAO Tokenomics Proposal.
The allocations below differentiate minimally from VDP3 but aim to finalise allocations and introduce global governance invitations and lock-up schedules.
This vote aims to determine the allocations of 1) VitaDAO working groups, VitaCore leaders and VitaDAO Genesis Contributors and; 2) VitaDAO Infrastructure Service Providers.
1 Distribution and lock-up:
All VITA allocations below follow a global governance invitation determined by VitaDAO upon approval of VITA token holders. All allocations herein shall be granted 40% upon on-chain DAO approval, with the remaining 60% being linearly distributed via the VitaDAO Multisig for continued support over a period of 12 months.
VitaDAO thanks each and every one of the organizations and individuals that helped bring it to life.
2 Working Groups:
VitaDAO proposes to provide working groups with the following genesis allocations:
VitaCore allocations to working group stewards are proposed as follows:
Of total genesis working group allocations, 500,000 VITA are proposed to be allocated to over 30 individuals and contributors who helped the VitaDAO core genesis, as outlined in VDP3. These core allocations will derive from the working group budgets.
3 Service Providers
Beyond working group members, service providers contributed their teams, resources and efforts to bring VitaDAO to this point without receiving allocations from working groups.
Many working group allocations such as technical or tokenomics remain unclaimed, as Service Providers provided the core infrastructure and consulting services to enable a genesis. As such, they are not included via WG budgets but are distributed via SPs.
Genesis allocations for Service Providers are proposed as follows to participate in VitaDAO governance. They follow the same vesting provisions as Working Groups.
The remaining 1.0% of SP allocations is proposed to be reserved for the initial IP NFT transfer and acquisition of the Copenhagen research project, which is to be presented in a separate proposal.