Thanks a lot for writing up @dhejrdlf1 ! It is looking great.
For the open questions part, I think a lockup or vesting will definitely be needed 1) to prevent further price drop that no community members would like to see and 2) to encourage new members to tightly involve in the development of the project for long-term success. I personally believe a 1 year lockup (same as Early Supporters and we could take the code from it) is an easier and quicker way at this point to implement since we don’t really know the vesting terms for “50% Community Treasury (vesting over 4 years)” yet (maybe core team already has decided the terms but I’m not sure).
Another discussion topic I’d like to bring up is the Technical implementation part. I just wonder if community wants to limit LBP participants who bought RAD during the first 2 days only. There should be someone who bought RAD after the 2 days and they are as equally valuable for the community. But on the other hand, if we distribute to all “current” LBP participants no matter “when” they bought RADs, this may invite bad whales who benefit from this proposal.
Also, I just copy&paste from the old discussion link about the rational of why the distribution should be the proportion to their contribution in case some think 1/1800 is more fair.
- The distribution should be the proportion to their token holdings, not 1/1800 because it gives a fair purchasing price decrease to everyone, meaning people contributed 1 RAD and people contributed 1000 RADs will have similar impact on the purchasing price.