VDP-3 VitaDAO Tokenomics Proposal

Proposals Passed Proposals
31

For the phase 3 vote on this proposal VDP-3, I’m proposing to fill the template as follows:

{
  "proposal_type": "governance",
  "title": "VDP-3 VitaDAO Tokenomics Proposal, with VDP 3.1 Tokenomics Proposal Amendment",
  "summary": "A description of the nature of the VITA token, its supply and the proposed genesis distribution including allocations to genesis contributors, working groups, service providers as well as the VitaDAO treasury.",
  "details": "### VITA token \n * VITA is obtained by contributing work, data, IP, or funds to VitaDAO \n * The core function of VITA is to curate the best longevity IP and fund novel open science data creation around it \n * VITA tokens grant the rights to participate in a) which IP is funded; b) how it is funded; c) how it is governed; d) how the VitaDAO treasury is governed \n * VITA is designed following a sustainability loop principle \n ### Genesis \n * VitaDAO’s token supply is capped at the number representing the lifespan in minutes of the oldest person to have lived, which at the time of publication is Jeanne Louise Calment with more than 122 years \n * Therefore, VitaDAO’s token supply is 64,298,880 VITA \n * 6,435,936 VITA, about 10%, have already been allocated to the community through a Gnosis Auction \n * 5,786,899.2 VITA, about 9%, will be allocated to service providers upon passing of this proposal, while another 1% to be allocated to the Copenhagen research project upon passing of the corresponding proposal, [VDP-5](https://gov.vitadao.com/t/vdp-5-scheibye-knudsen-lab-funding-proposal/188) \n * 6,429,888 VITA, about 10%, will be allocated to working groups upon passing of this proposal \n * 44,991,072 VITA, about 70%, will be allocated to the treasury upon passing of this proposal \n *  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 \n ### More information \n For the full proposal with more details, see the following link.",
  "link": "https://gov.vitadao.com/t/vdp-3-vitadao-tokenomics-proposal/64",
  "project": {}
}
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