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The super quorum is the percentage threshold of total voting power at snapshot that if cast as 'For', allows the remainder of the voting period to be skipped, effectively advancing the proposal to a Succeeded, Executable state. This proposal seeks to set the super quorum to 50% of total voting power at snapshot (ie. a majority of all voting power at snapshot is in favour).
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@Apxymous We certainly will use the allocation from departed core contributors if this proposal passes. We will have a vote at TGE to decide how much of the CTMDAOVOTE tokens convert to veCTM and therefore how much ex core contributors will receive, but in this proposal, it is suggested that it will only be a small amount, capped at 0.1% (100k veCTM).
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We are currently offering the VCs tokens at a Fully Diluted Valuation of 20 million USD, so each CTM is equivalent to 0.20 USD. Hopefully the value will increase to 1 USD and more after TGE, but those helping to build our products now deserve the same terms (in my opinion).
Arkman has worked for more than 1 year on the frontend for AssetX, as well as the homepage for ContinuumDAO, the C3Caller page, the MPC Dashboard and the veCTM Staking page. So far he has only been paid less than 5k USD in total. He believes in the project and I will certainly vote in favour of awarding him 500k veCTM now and another 500k veCTM at TGE, assuming that he continues working as he has been (I am sure he will). Regarding Lex, our new legal web3 expert - we cannot successfully launch our RWA Security issuance platform without his experience. Securities are heavily regulated and our existing DAO core contributors have no experience in legal matters. He is also advising us on incorporation and he came to us with his excellent idea for Lawracle that will benefit us all. I will certainly be voting to give him 500k veCTM now and another 500k veCTM when we go to mainnet with Lawracle. Let's keep the big picture in mind. We need Arkman and Lex in our DAO.
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@sanderrrrr Per contributor. We should make this clear
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Goal
Token Allocation: Distribute CTMDAOVOTE tokens to contributors excluding Full-time Contributors who received allocations in August 2023.
Rationale
- Alignment: Balances recognition of past contributions with incentives for ongoing engagement.
- Governance Clarity: Formalizes contributor tiers and exit protocols to ensure fairness.
Background
Since the discontinuation of USDT salaries in September 2024, multiple contributors have sustained efforts toward ContinuumDAO’s mission, driven by conviction in the project’s long-term success. This proposal aims to:
- Recognize their contributions.
- Incentivize progress toward mainnet launch and TGE.
- Establish a performance-based reward system distinct from monthly payments.
veCTM Distribution Tiers
Tier Criteria veCTM Allocation Tier 1: Core Contributors Lead major DAO initiatives (e.g., guild operations, governance optimization). Must demonstrate measurable impact. 0.05%–1% of total veCTM supply Tier 2: Active Contributors Regular contributions (~20 hrs/week), active meeting participation, and cross-guild coordination. 50,000–100,000 veCTM Tier 3: General Contributors Deliver ≥2 production-ready outcomes integrated into DAO products/services. 5,000–20,000 veCTM Special Recognition
The ongoing contributors to the project, Lex and Arkman, are formally recognized by the DAO contributors and members. This proposal includes:
- Adding them to the core-contributor group
- Allocating tokens for their past contributions
Both will receive 0.5% of veCTM rewards as compensation for their achievements.
New Core Contributor Initiation & Existing Contributor Exit Rules
- New Core Contributor Initiation
- 0.05%–1% veCTM allocation based on role and impact.
- Eligibility: 6 months of consistent contributions.
- Process: Documentation submission, community forum pitch, and DAO vote.
- Existing Contributor Exit Rules
- Departing Core Contributors forfeit tiered rewards and receive 0.01%–0.1% veCTM based on historical performance.
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I would like to include application for the Dubai DFSA Tokenisation Regulatory Sandbox. See the details here https://www.dfsa.ae/innovation/tokenisation-regulatory-sandbox
If ContinuumDAO is successful in its application, we would need to apply for a Dubai license in addition to the RAKDAO license, but I think that if we can afford it, it would be very beneficial
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@avgCrypto I think that it might be true in Dubai, but the process seems simpler in RAK
Proposal to Set DAO Super Quorum to 50% of Total Voting Power at Snapshot
Proposal to Set DAO Super Quorum to 50% of Total Voting Power at Snapshot
Decentralized Governance Incentive Framework Proposal
Decentralized Governance Incentive Framework Proposal
Decentralized Governance Incentive Framework Proposal
Decentralized Governance Incentive Framework Proposal
Decentralized Governance Incentive Framework Proposal
Proposal for RAK DAO Entity Formation
Proposal for RAK DAO Entity Formation