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# Blockswap DAO Vote [Multiple Proposals] Achieving a quorum for a proposal in the Blockswap DAO requires the participation of at least 200 million BSN tokens. However, due to the limited distribution of BSN tokens currently in circulation, reaching the necessary quorum may prove to be challenging. To address this, multiple proposals and temperature checks are advancing to a vote simultaneously. This approach ensures that the proposals’ advancement generates enough community interest and engagement, rather than being hindered by the limited availability of BSN tokens. ## Items in this vote - 1) [[Proposal] Unified Benchmark Rate](https://gov.blockswap.network/t/proposal-unified-benchmark-rate-protocol/252/2) - a) 50,000,000 BSN - 2) [[Proposal] Zero ETH Club ](https://gov.blockswap.network/t/proposal-zero-eth-club/254/2) - a) 40,000,000 BSN - 3) [[Proposal] BSN Emissions for Stakehouse](https://gov.blockswap.network/t/proposal-bsn-emissions-for-stakehouse/221) - a) 100,000,000 BSN - 4) [[Amendment] BSN Emissions for Stakehouse LSD Networks](https://gov.blockswap.network/t/amendment-bsn-emissions-for-stakehouse-lsd-networks/258) - a) 10,000,000 BSN - 5) [[Temperature Check] Grants for Stakehouse LSD Networks Contributions](https://gov.blockswap.network/t/temperature-check-grants-for-stakehouse-lsd-networks-contributions/259) - a) 50,000,000 - 6) [[Provisional Proposal] BSN Allocation for dETH Integration in DeFi](https://gov.blockswap.network/t/provisional-proposal-bsn-allocation-for-deth-integration-in-defi/269) - a) 100,000,000 - 7) [[Provisional Proposal] BSN Allocation for Stakehouse LSD Network Testnet Users](https://gov.blockswap.network/t/provisional-proposal-bsn-allocation-for-stakehouse-lsd-network-testnet-users/272) - a)10,000,000 - In total, **360,000,000 BSN tokens** will be moved from the Blockswap DAO treasury to be used in the methods outlined above. All remaining undistributed tokens will be reallocated to the BSN DAO Treasury. Once the tokens are out of the DAO treasury, Snapshot can be used to determine additional details if required by the proposals, amendments, and temperature checks. Certain proposals have estimated timelines that are already underway. The proposals and timelines that involve a council such as Zero ETH Club and Grants for Stakehouse LSD Networks Contributions may require an update to ensure a quality council is initially formed. ## Outcomes ### Proposal Passes All seven items above will pass simultaneously. Blockswap Labs will be entrusted with all execution, implementation, communication, design, and everything else that goes with the Proposals, Temperature Checks, and Amendments. This will be done to the best of their ability and contingent on what is technically and logically possible at the time. The community can continue to put up proposals as ideas or to signal their desire to be involved. ## Proposal Fails The community can reassess and determine the reason for the failure and discuss the next actions required.
# Introduction It has been proposed, voted, and passed for a burn/vest/claim system for SHB to convert to BSN 1:2100. The vote has taken place on Snapshot. This Tally proposal is to carry out the specifications voted on by the cBSN and SHB holders in line with the formal proposal. Full proposal and voting [here](https://snapshot.org/#/blockswapdao.eth/proposal/0xabe4cf96549a963aabaeb88b6f14647f558289bd9ac593ba7fc9362f33ea8246). Blockswap Governance [here](https://gov.blockswap.network/). # Key Actionable Items ## SHB - BSN tokens equal to the SHB:cBSN conversion plus a bonus will be claimable. SHB to BSN will be 1:2100. - A wallet’s full SHB balance will be burned to start the BSN claim process. - BSN tokens will be available with a 30 day lockup and have a 30 day linear vesting. ## Time Constraints Blockswap DAO will limit the window to begin this process to 100 days; cBSN and SHB holders may utilize this window to burn and claim BSN tokens at their convenience. After that, no further claim will be processed, and the remaining BSN tokens will return to the DAO. The exception is unclaimed merkle tree BSN. ## Execution The Blockswap Labs team will execute the above and the community drip faucet will begin accruing BSN tokens within 30 days. Any remaining tokens of the 300,000,000 BSN which have not started the claiming process within 100 days will be returned to the DAO.
# Introduction Those who have participated in DevNet or Communitynet testing are offered the opportunity to claim rewards for their participation. Blockswap Governance [here](https://gov.blockswap.network/). # Actionable Items DevNet NFT V1 (33 NFTs Total): 100 BSN per validator with derivatives minted in Stakehouse V1 NFT Contract: 0x05693248431581C5743A35d34f47157408D67c39 DevNet NFT V2 (26 NFTs Total): 100 BSN per validator with derivatives minted in Stakehouse V2 NFT Contract: 0xe3c626022BF329f9912295BD296485eE38E1dDb0 DevNet NFT V3 (59 NFTs Total): 150 BSN per validator encryption NFT Contract: 0x37340A5C56a2154E43b5E7c6B89e5Db7A6D54Fe2 DevNet NFT V4 (31 NFTs Total): 100 BSN per address which contributed dETH to Uniswap NFT Contract: 0xF5041888D4713919dCA58cf85662952452069dC2 Georli ETH Contributors (25 BSN per 1 Georli ETH contribution) Unclaimed cBSN in the merkle tree from Communitynet: 1 BSN per 1 cBSN in the old contract
# cBSN to BSN Conversion ## Introduction It has been proposed, voted, and passed for a burn/vest/claim system for cBSN to convert to BSN 1:1. The vote has taken place on Snapshot. This proposal is to carry out the specifications voted on by the cBSN and SHB holders in line with the formal proposal. Full proposal and voting [here](https://snapshot.org/#/blockswapdao.eth/proposal/0xabe4cf96549a963aabaeb88b6f14647f558289bd9ac593ba7fc9362f33ea8246). Blockswap Governance [here](https://gov.blockswap.network/). ## Key Actionable Items ### cBSN Conversion - BSN tokens equal to the cBSN in circulation (a rate of 1:1) will be delivered to a common claim drip faucet on a 90 day linear unlocking. - A wallet’s full cBSN balance will be burned to start the BSN claim process only when enough BSN has been unlocked within the common drip faucet. Partial burning is not possible. - Burning cBSN starts a 90 day linear vesting schedule that is claimable on a block by block basis. ### Time Constraints Blockswap DAO will limit the window to begin this process to 100 days; cBSN and SHB holders may utilize this window to burn and claim BSN tokens at their convenience. After that, no further claim will be processed, and the remaining BSN tokens will return to the DAO. The exception is unclaimed merkle tree BSN. ### Execution The Blockswap Labs team will execute the above and the community drip faucet will begin accruing BSN tokens within 30 days. Any remaining tokens of the 300,000,000 BSN which have not started the claiming process within 100 days will be returned to the DAO.