Sublime

This paper presents a model of token distribution that allows token holders who are subject to vesting agreements to exercise the full power of their future governance rights, while also incentivising their long-term interests in the protocol.

After much investigation, we decided the best way was to move Season 1’s total compensation budget of 15 ETH from our Gnosis Safe to Metamask and from there to Disperse, which we used to send out compensation in one batch to save on fees.

NFTs now ⟹ DAOs tomorrow A few models being explored rn 👇

Using the proposed approach, nine different-by-design value capturing mechanisms were identified: value transfer*(1), work “staking” token(2), protocol consensus token(3), dividend(4), backing by another asset(s)(5), discount token(6), internal product governance(7), meta-governance(8)**, and hedonic value(9)