CIP: [to be assigned] Status: [Discussion/Proposed/Approved/Not-Approved] Author(s): [@ForumUser1, @ForumUser2, @ForumUser3. etc…] Discussions-to: [Link to forum discussion @ forum.cortexdao.io] Created: [Date] Quorum: of circulating $vlCXD supply / 50% of voting $vlCXD must be in favor of proposal
Simple Summary
Proposal to give qualifying wallets access to a $vlCXD token airdrop allocation.
Abstract
If accepted, this proposal will authorize the core development group to perform the following:
Snapshot qualifying wallet addresses
Activate an airdrop claim UI to allow qualifying wallets to complete the airdrop process
Additional Parameters
Example (1): Vote lock claimed tokens?
Example (2): Minimum vote lock length
Example (4): 15% of tokens immediately available
Example (5): Etc…
Deactivate the airdrop claim UI after
Motivation
This section is for detailing only the reasons why this airdrop proposal is being written. Do not include the how here or why certain specifications will be chosen; leave that for the Specifications section and Rationale subsection.
Specification
Overview
This proposal suggests an airdrop be set up for . Include a short follow up explanation should there be additional specification criteria to be explained in the Rationale subsection.
Rationale
Based on community discussions, the following benefits were identified for CortexDAO to propose and approve this airdrop:
Rationale 1
Rationale 2
Rationale 3
Rationale 4
Rationale …
Also from the community discussion, the following concerns were identified:
Concern 1
Concern 2
Concern 3
Concern 4
Concern …
The solution provided in this proposal should adequately balance both the benefits to CortexDAO along with the concerns presented by the CortexDAO membership.
Technical Specification
A qualifying wallet is a wallet that AND satisfies ANY of the following conditions:
Condition 1
Condition 2
Condition 3
Condition …
The core contributing development group <will/will not> take a snapshot of qualifying wallets.
The following criteria determines how many $vlCXD tokens a wallet can claim:
Parameter 1
Parameter 2
Parameter 3
Parameter …
The core contributing development group will activate an airdrop claim UI to allow qualifying wallets to complete the airdrop process.
The airdrop process <will/will not> require $vlCXD claims to be vote-locked for a minimum of .
The core contributing development group will close the airdrop <# of days> from when it becomes available.
Voting
FOR: Approve a new airdrop allocation of $vlCXD tokens to qualifying wallets
AGAINST: Do not approve a new airdrop allocation of $vlCXD tokens
I support. I invested +5k usd in apy and took a break from crypto and missed the airdrop. I believe it would be fair to restore faith in the new project to give all apy holders such as myself who missed the first airdrop a second chance.
Too many ready to follow but the leader (who will create the second airdrop proposal based on given template) is missing in action.
Looks like everything wants to support someone and that someone does not appear. About me - I was in support for second airdrop but after seeing the laziness of those who missed I would be happy to see their unclaimed tokens burn. This laziness amazes me
I’m completely unqualified to write a proposal, but I took a crack at it. Before it becomes an official proposal, I’d appreciate some guidance from those more experienced. Also, a special shout out to @anthony as he laid a lot of groundwork for me with his template!
CIP: [to be assigned]
Status: Proposed
Author(s): @Newbete4300
Discussions-to: Discussion: Second Chance Airdrop - #28 by Mo123
Created: 7/17/22
Quorum: of circulating $vlCXD supply / 50% of voting $vlCXD must be in favor of the proposal.
Simple Summary
Proposal to give qualifying wallets access to a $vlCXD token airdrop allocation.
Abstract
If accepted, this proposal will authorize the core development group to perform the following:
Snapshot qualifying wallet addresses
Activate an airdrop claim UI to allow qualifying wallets to complete the airdrop process
Additional Parameters:
100% of tokens are locked for 30 days
90% of tokens are locked for 60 days
80% of tokens are locked for 90 days
70% of tokens are locked for 120 days
60% of tokens are locked for 150 days
50% of tokens are locked for 180 days
40% of tokens are locked for 210 days
30% of tokens are locked for 240 days
20% of tokens are locked for 270 days
10% of tokens are locked for 300 days
Deactivate the airdrop claim UI after 60 days
Motivation
About ⅓ of the available tokens were unclaimed. Providing a 2nd chance would allow those who missed the first airdrop to redeem their tokens, as well as grow the new community
Specification
Overview
This proposal suggests an airdrop be set up for 60 days. To prevent a sell-off after the airdrop and increase utilization of the project, a percentage of these tokens will be progressively unlocked every 30 days.
Rationale
Based on community discussions, the following benefits were identified for CortexDAO to propose and approve this airdrop:
Allow those who missed the first airdrop a second chance to receive an airdrop
All of these tokens are locked initially
10% of a wallet’s total airdropped tokens will become unlocked every 30 days
Also, from the community discussion, the following concerns were identified:
The 2nd airdrop tokens may be dumped immediately, resulting in a significant price drop. To reduce the likelihood of this, tokes will be periodically unlocked after 30 days, thus allowing for more Cortex participation as well as placing a barrier for an instant exit.
The solution provided in this proposal should adequately balance both the benefits to CortexDAO along with the concerns presented by the CortexDAO membership.
Technical Specification
A qualifying wallet is a wallet that satisfies ANY of the following conditions:
Qualified for the first airdrop
Did not claim their $vlCXD tokens
The core contributing development group will take a snapshot of qualifying wallets.
The following criteria determines how many $vlCXD tokens a wallet can claim:
Quantity is determined exactly the same as the 1st airdrop
The core contributing development group will activate an airdrop claim UI to allow qualifying wallets to complete the airdrop process.
The airdrop process will require $vlCXD claims to be vote-locked for a minimum of:
100% of tokens are locked for 30 days
90% of tokens are locked for 60 days
80% of tokens are locked for 90 days
70% of tokens are locked for 120 days
60% of tokens are locked for 150 days
50% of tokens are locked for 180 days
40% of tokens are locked for 210 days
30% of tokens are locked for 240 days
20% of tokens are locked for 270 days
10% of tokens are locked for 300 days
The core contributing development group will close the airdrop 60 days from when it becomes available.
Voting
FOR: Approve a new airdrop allocation of $vlCXD tokens to qualifying wallets
AGAINST: Do not approve a new airdrop allocation of $vlCXD tokens
i would add for those who want the price rise burning supply, well all the token NOT CLAIMED in the second airdrop can be burn, both sides will be happy
