[DRAFT PROPOSAL] Token Allocation Model

After all, this is a fair proposition, But we can do many conditions in 12% airdrop rate. For example, if you want to claim all $Guru in TGE, you can only receive 50% of the tokens you have, the rest will be divided among users who claim after, this ratio will increase linearly over time within 1 year, up to finally you will get 100% and don’t lose tokens + add the remainder of those who have claimed before. This mechanism makes you trade-off that you will receive fewer tokens and sell them, or stay and receive more rewards at the end of the period. Of course Locked $Guru should be $veGuru.

2 Likes

Superb) Thanks for the explanation.
Could you specify the following if its not a problem? 14% of the total supply will be sold (not at one go i suppose) for the treasury. And there is also 24% initial coins which are hold for the treasury.
Am I getting right that 38% of the coins are intended for the DAO Treasury?

You are most welcome. this is quite right to some levels. actually the 14% allocation will be sold during 2 or 3 days, The stable coins that are raised from them will be used to fill the treasury and also make liquidity for DEXes

I think that’s a great plan. My only concern is about the status of locked 4%. If we will lock the tokens, it shouldn’t have governance/profit utility. Otherwise, people will be tend to dump to token (since their locked airdrop do the work).

1 Like

That’s a great idea to make incentives for LBP, that should increase token price. Airdrop 8 + 4 vesting is also good :clap:

Thanks for the rapid replay. Dont you think selling 14% within 2-3 day will dump the price?
Is this issue still to discuss or its already in tokenomics?

Nope this is just a draft, nothing set in the stone yet. As I said we need to raise funds and we need to sell tokens for it. if we want to release a 8% airdrop we need to sell enough tokens to raise the fund.
LBP is the best approach for it since you’re selling the unlocked tokens, it determines the market price and sold in that price.

2 Likes

ok) thanks for the explanation. Hope it will work this way.
Apparently I need to study it deeper, lack of knowledge is not something one should be proud of ))

1 Like

It seems to me that these 4% (or other numbers, negotiable) should not only be blocked, but also can be accessed only participating in GuruDAO, otherwise 80% of users after receiving a drop will simply forget and return only after unlocking tokens.

I really doubt that, these locked tokens will most likely be in form of veGuru which gives you access to voting, this keeps the users engaged, we don’t want our preDAO members to just walk away! in next phases DAO might even come up with some incentives for the voters.

2 Likes

this is a very good idea i think . with this proposal we dont lose any one . pepole who get airdop should to stay with us beacuse 1/3 of their tokens locked for 2 years . pepole who one bought in lbp phase stay should with us beacuse their Incentives tokens are locked for 2 years

2 Likes

The whole community is arguing about AIRDROP and other communities are discussing these actions of GURU and overall damage to GURU, I’m not a professional so I don’t know exactly how much of the allocation is best here, but I’m wondering who would buy these COINs at the LBP stage that don’t let people have expectations without a promising program and community. How can we really keep $GURU at a healthy position?

2 Likes

I agree with you about “sellers gonna sell”. My concern is this scheme will increase the # of dumpers. It tempts me to sell actually :smiley: (although I thougt myself as a holder) .

2 Likes

Honestly people can get a 12% allocated unlocked airdrop and still sell 8% and keep the other 4%, No one has forced them to either keep all of it or sell of it, So I really doubt this model changes a lot. apart from that, people are all starting with almost the same amount of tokens locked for 2 years, this gives them more power than those who lock for less than 2 months later and less power than those who decide to lock for more than 2 years, they get more power. the case is same for LBP buyers, they get 10% incentives that is locked for 2 years. so it’s fair to assume most of the airdroppers start at the same voting power, most of the buyers too ( but their token numbers matter too) so it’s fair to assume if someone really considers keeping their tokens for more voting power in the traditional scenario then they will most likely consider staking the 8% or 14% part for more voting power too.

3 Likes

Basically, I think VCs are supposed to lock up their profits, but is there any lock-up for the VC distribution?
I think lockups are necessary because the allotment is as large as 40%.

Yes the Lock-up by VCs and Team is mentioned in @Nick 's draft proposal, since it’s something set in the stone, I didn’t brought it up here.

Thank you for your reply, As we know the dev sub DAO won’t need funds for at least a year, that’s what they sateted, about the marketing you’re right! but from what we know about the sub DAOs I guess we’ll have to wait till we decide on a marketing sub DAO, then they can propose for funds on the treasury.

1 Like

I think this one is better. It allocates 3% more to regular DAO members who are the main reason for the project to go forward. And at the same time it locks up some of the airdrop which is brilliant and prevents the selling pressure by some airdrop hunters.

1 Like

everything new is the well-forgotten old. Perhaps you should not reinvent the wheel and complicate the process, but take some ideas from other projects.

Whatever your allocation would be, when there are VCs dump would happen whatever lock you give to the airdrop. VCs are whales. “Sometimes our greatest enemy is sat next to us”.