0xa035…3c46 on-chain memos

0xa035a39f…3c46sent to0xdeae2abb…14eb2024-02-15·#19,233,351·0x1cf76d7f…81aa85

DOP tokenomic adjustmentsIntroduction: The proposal presented by the DOP team suggests an alternative tokenomics framework for the tomi community, aiming to modify the previously proposed tokenomics. In the previous plan, it was suggested that 23% of the total supply of DOP tokens would be allocated to $TOMI holders and 1% to tomiPioneers, both subject to a two-year vesting schedule. The New Proposal: The revised proposal offers an alternative tokenomics structure, suggesting 9.5% allocation to $TOMI holders and 0.5% to tomiPioneers, also reduced to an 18-month vesting schedule instead of the initial 24-month. Additionally, the mechanism by which we perform asset staking on DOP and use the fees to buy and burn $TOMI is going to be canceled and will no longer exist in the new tokenomics. Explanation: The DOP team, through their request and explanation, highlighted that the current tokenomics model, due to high demand, creates a situation where there is a large number of individuals who haven't invested funds in the project that receive the DOP token for free, thus potentially impacting the project adversely. Additionally, in discussions between the DOP team and exchanges, This issue can impact the DOP token performance and prevent significant progress in the near future. DOP is seeking support to maintain the project's value and sustainability. In return for the DAO passing the proposal, DOP suggests transferring approximately $10 Million worth of $TOMI tokens to the tomiDAO in the next few months. DOP Token Distribution for TOMI Holders 9.5% of the total DOP supply will be distributed on an ongoing basis to TOMI token holders over 18 months. Here is how the monthly allocation process works: <ul> <li></li> </ul> Snapshots: On a random day each month, we will capture a snapshot identifying all on-chain TOMI holders and their associated balances at that point in time. <ul> <li></li> </ul> Pioneer Rewards: A separate 0.5% of total supply is reserved for TOMI Pioneers to claim on the same monthly schedule. However, Pioneers can freely trade without impacting eligibility. Only a single snapshot matters for this subset. We are convinced that reducing the percentages actually increases the value because the current situation will significantly impact the token's value and liquidity. Therefore, fewer percentages from something of a higher value are preferred rather than more percentages from something of a lower value. We are confident that it is in the best interest of $TOMI token holders to accept our new proposal.