1-5% of tokens allocated for early community participants’ rewards.
sorry,nick,I truely think Guru is a great project，but 1-5%?come on.
5 Likes
I believe you need to distribute at least 10% of the tokens, of the total amount. 5% is very little, What do you guys think?
5 Likes
At least 15% for airdrop, 5% is nothing, lets see whats going to happen, what nick think, but hope he will do what is good for the project and community
3 Likes
I think 10 percent allocated for early participants and 20 percent for LBP seems okay… LBP should be more than Airdrop not same as Airdrop but 5% seems little
2 Likes
vesting schedule is the best way to dump.like GAL token sell we can do it to prevent from dump like paraswap
2 Likes
For the airdrop 8% would be in Guru token and another 4% would be veGuru locked for 2 years.
That idea seems reasonable but I think it promotes to dump the token. If I know that I will get an airdrop which 1/3 of allocation is locked and gives me permission to join governance/benefit from incentives, then I would be tempted to dump the rest 2/3 of the token.
Maybe we can give 4% of $pGuru (with different incentives like in here [DRAFT PROPOSAL] Adoption of ve Token model - #4 by fukuyamasato1 ) instead of veGURU and we should promote people to stake their 8% allocation to veGURU. This may create fomo and decrease dump.
11 Likes
This is a good Idea but what is the team idea about it?
do they have any special plan?
and how much our plans are going to invove with team plan.
2 Likes
Sounds like an interesting method. Prevents selling pressure and falling prices. What is the benefit of locking tokens for members?
3 Likes
GURU Token total supply looks great and vesting time is good too. 
Is there any plan to provide the GURU token on other blockchains like Polygon and BSC as Dexguru supports these blockchains, with some use case for users?
With LBP our main goal is to fill DAO treasury, not just provide exit liquidity for airdrop hunters.
If DAO wants to sell 12% of the token on LBP and airdrop the same 12% (even with vesting), I doubt we will see great results with LBP. Just think about who will even buy tokens on LBP if there’s an airdrop of the same size happening. LBP buyers aren’t stupid so I doubt we can pull it off.
And again - our goal is to fill DAO treasury and bootstrap token liquidity, so DAO can have something to spend on all the wonderful things our community could propose.
Liquidity is DAO-owned after all and if DAO dumps it immediately on the airdrop exit, it would be a zero-sum game for GuruDAO.
5 Likes
I can’t argue with this honestly, use of pGuru in the proposed model could work better, but from the suggestions I got from dev team, It seems like they’re not comfortable with implementing this.
Aside from that, we have gathered some seriously active users with brilliant ideas here in the preDAO stage, money can be tempting I know, but by giving out veGuru we encourage them to stay and have a say in the DAO, as everyone knows ve Token Model is based on durations of holdings, the more you hold, the more voting power you get, Now if everyone is granted about the same amount of veGuru locked tokens as we discussed in airdrop proposal, Then one would consider staking more tokens to have more rights in the voting as every wallet who was eligible for airdrop has almost equal power as the others, Those huge whales who bought tokens in LBP would also consider staking their tokens if they want to have a real saying in proposals, these are all gifted to us with the extraordinary ve Token Model. Overall this brings us more favors than downsides.
about the LBP allocation, I again insist on a 12% sell. As said in my original comment, at worst we can expect a 6% circulating supply from airdrops, this is already 50% of the LBP allocation. Then again it’s safe to assume that with all the great incentives for staking, 25% of the airdrops will go straight into the staking pools, this puts airdrop circulating supply at a 4.5% compared to the 12% LBP allocation.
All of these will be informed to potential buyers in case they are worried about a “12%” airdrop allocation.
We can raise enough money to for our treasury to kick start our goals, and also provide those hunters the exit liquidity they need, dedicating a larger portion of tokenomics to LBP is providing whales with cheap tokens.
37 Likes
i dont agree with this proposal because dont give fair percent to community atall
this is against fairness
fair percent is 10 percent for community
nick you must listen to dao not impose your ideas to dao
we dont agree with this proposal
i declin this unfair proposal
ser, there is no proposal yet. Please read this thread and try to understand what we are talking about.
4 Likes
Tokens for community != liquidity for drop hunters (not equal). Team decide to build loyal community by creating DAO. We can see that there no-one like an idea to get 1-5% of total supply.
LBP important for all of us, it’s better to allocate at least 2x more tokens than on airdrop. That’s liquidity for token.
If we will give $veGURU token like part of airdrop less people will lock $GURU. I don’t think that’s good.
So generally we need: get liquidity, get enough treasury and don’t forget about DAO members, my suggestions:
- 15% adopters (7.5% tge / 7.5% cliff 6 month + vesting 2 years) / 22,5% lbp / 22,5% treasure
- 12% adopters (8% tge / 4% cliff 6 month + vesting 2 years) / 24% lbp / 24% treasure
- 12% adopters (8% tge / 4% cliff 6 month + vesting 2 years) / 20% lbp / 28% treasure
- 10% adopters (tge) / 20% lbp / 30% treasure
- 10% adopters (tge) / 25% lbp / 25% treasure
- 10% adopters (tge) / 30% lbp / 20% treasure
- 10% adopters (7.5% tge / 2.5% cliff 6 month + vesting 2 years) / 20% lbp / 30% treasure
- 10% adopters (7.5% tge / 2.5% cliff 6 month + vesting 2 years) / 25% lbp / 25% treasure
- 10% adopters (7.5% tge / 2.5% cliff 6 month + vesting 2 years) / 30% lbp / 20% treasure
- 7.5% adopters (tge) / 22.5% lbp / 30% treasure
- 7.5% adopters (tge) / 26.5% lbp / 26.5% treasure
- 7.5% adopters (tge) / 30% lbp / 22.5% treasure
0 voters
You can choose just one. Please choose careful, because it’s might be better to get less tokens for us, but more liquidity, and same time we shouldn’t forget about treasure that will help us bring more value to project. Partial vesting for community is good - more people will follow and support project. I know that here is a lot of options, but we can see what’s important for community and then continue our discussion and create new poll with few options.
8 Likes
Let’s be realistic airdrop is free money from the sky. Everyone will dump it in the first 1-2 weeks. We can lie to ourselves that people will stick to the project and bla-bla-bla, but in reality, it never happens with airdrops. That’s just inevitable selling pressure we have to keep in mind.
Messari backtest shows that most value extracted at airdrops sold within 2 weeks
9 Likes
lmo 15% Lbp is enough for 7.5% of dao tokens in TGE thats not vested.but i didn’t find that in choices.so am waiting for more options
3 Likes
With this type of token sales(LBP model) We are auctioning the large portion of tokens and this will cause a sharp drop in price on LBP day if not welcomed.
Besides We are giving Dao power this way to those who have a lot of tokens from day one.
No matter how good the minimum and maximum prices are for the LBP model, we will still face serious problems if this sale model is not welcomed.
If it is DAO decision, we have to decide on the model of token sales too. We cannot use another project pool for this decision
1 Like
Don’t forget that voting power in veTokenomic is veGURU tokens that are locked and non-transferable for 1-4 years. Personally, I don’t see how the person who bought $100k worth of tokens and locked it for a year is less aligned with DAO goals.
8 Likes
If this type of token sales don’t work well this guy you mentioned(who accidentally might be VCs or
…) can buy large portion of tokens and lock that and in this case The ratio between dao and non-dao will change. It’s also from tge day. And in your model current dao just have maximum 5% of powers.
This guy can easily decide on spending other parts of dao treasury .
.
This is why I think this model of token sales could be dangerous for the dao nature.
If we sale token by ido(or somthing like that) type with lockdown it would prevent some kind of problems and we can also get liquidity for pools in my opinion
Please, read how veToken model works. We are talking about distribution of GURU tokens that has no rights in DAO governance. You should lock GURU to receive veGURU that has governance rights in DAO.
1 Like