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This proposal is to transfer the DAO and DAO treasury to Optimism. We also want to launch BarnBridge V2 in this proposal. Next, we will execute the following three proposals in our forum: 1. BarnBridge DAO Incentive Alignment, Vesting and Multisig Management 2. Olympus Flex Bonds 3. Velodrome Liquidity Reward Program on Optimism 4. [Redacted] BarnBridge (BOND) Wintermute Market Making Partnership Extension. [We will vote on this after we move to Optimism on Optimism]. Finally, we also propose to: 1. Pull BOND out of Bancor 2. SMART Alpha fee increase. Move DAO to Optimism, Launch BarnBridge V2, Execute Three Proposals
The 200,000 USDC from Standard Crypto (0xA48C11c550D8f9d4998977aAF5D46a04D2E15608) represents 10% of the Total $FDT tokens in the seed round totaling 10,000,000 $FDT tokens. 10% of the Total initial supply of 1,000,000,000 $FDT tokens are allocated to the seed round. Standard Crypto will also receive 3.3333333333333333333 $ROM tokens for voting in the FiatLaunchDAO.
The 400,000 USDC from Parafi Capital (0x94A0B9C52fFd386C0eD286DcD21DD31493616c28) represents 20% of the Total $FDT tokens in the seed round totaling 20,000,000 $FDT tokens. 10% of the Total initial supply of 1,000,000,000 $FDT tokens are allocated to the seed round. Parafi Capital will also receive 6.666666666666666666 $ROM tokens for voting in the FiatLaunchDAO.
This vote is a 2nd correction to amend all Finance deposits to represent that $50,000 USDC deposits warrant 2,500,000 FDT tokens and not 250,000. This should be reflected in Adam D'Augelli, Tyler Ward, Troy Murray, and Noah Jessop.
Correction: The 50,000 USDC from Tyler Ward (0xFdc45E8A348Afbf8F59d9611BF6Cc634B99E2aE4) represents 2.5% of the Total $FDT tokens in the seed round totaling 2,500,000 $FDT tokens. 10% of the Total initial supply of 1,000,000,000 $FDT tokens are allocated to the seed round. Tyler Ward will also receive 0.833333333333334000 $ROM tokens for voting in the FiatLaunchDAO.
This vote is to memorialize and clarify that there are only 10,000,000 (ten million) $BOND tokens with no inflation. Some of the initial votes noted a 20,000,000 total $BOND supply but it was later amended to not include any inflation. There will be an initial supply AND total supply of 10,000,000 $BOND tokens.
This vote is to amend vote #9 with corrected amounts. The 250,000 USDC from ParaFi (0x8Db0401F6De4adDBE50EDe7b1460852ae837dBDd) represents 25% of the initial $BOND tokens in the seed round totaling 187,500 $BOND tokens. 7.5% of the initial supply of 10,000,000 $BOND tokens are allocated to the seed round, and the total supply of $BOND tokens will be 10,000,000 $BOND tokens. ParaFi will also receive 11 $BBVOTE tokens for voting in the LaunchDAO.
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