Change airdrop-distribution model for tokens on BSC

team proposal

Product information

122Votes

122,643,808.41 ARI10

value of votes

Snapshot
23559911
Start date
last year / 2022-12-02 13:19:45
End date
last year / 2022-12-18 11:00:00

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Issue Statement: We want to debate the airdrop distribution topic.

Ari10 works with many clients. Part of our cooperation is always about distributing some tokens of the project that we build for the ARI10 stakers. The number of tokens received via airdrop is dependent on the number of ARI10 staked and the staking tier. In other words, the more extended in time pool you've chosen and the higher amount of tokens staked, the higher your share in the airdrop pool, and the higher the dollar amount of received airdrop.

When we started distributing the first airdrops, it turned out that:

  • Transaction fees cost us $20 per airdrop.
  • Most of the investors get small dollar amounts in airdrop due to the low number of ARI10 staked.
  • Many investors also didn't get airdrops because we were sending them only if the dollar amount of an airdrop was higher than $1.

Issue statement: to increase the minimum number of ARI10 staked or not

Here are three potential outcomes (and the governance will decide which one we will go for):

Solutions:

DECREASE THE MIN. LEVEL TO $0,1

  • The airdrop dollar value will be even more diluted to the higher number of eligible stakers.
  • The transaction fees will be even higher, and the less we would be able to spend on the quarterly token burn.
  • We will promote short- term investors with low amounts of tokens.

LEAVE MIN. LEVEL AT $1

  • The airdrop dollar value will be the same as it is right now.
  • The transaction fees will be pretty sustainable, with a lower impact on the amount of ARI10 bought back and burnt.
  • We will promote mid- term investors with mid amounts of tokens.

INCREASE THE MIN. LEVEL TO $5

  • The airdrop dollar value will be higher for long- term investors.
  • The transaction fees will be lower, which means we can buy back and burn more ARI10 in quarterly token burns.
  • We will promote long- term investors with more extensive amounts of tokens.

END POINT

We will launch soon a similar proposal, related to the airdrops from projects building on the Ethereum blockchain.