in #larynx2 years ago

We would propose that of the unclaimed tokens. The vast majority is burned, leaving a larynx DAO account of about 20% of the supply that the community can vote to distribute to attract other projects and infrastructure operators to join in and gain some ownership in the ecosystem in exchange for running important web3 infrastructure!

But of course, this is decentralization, and it’s just our proposal. Ultimately the voters and SPK governance token holders will decide with a decentralized token one, vote structure!

Node operators are currently able to signal how much of the remaining unclaimed token supply should be put in a dao. To see who is signaling what see the link below. If they are not signaling anything and you are delegating your larynx to them, you may want to ask them to clarify the following:

https://hiveuprss.github.io/spkccmonitor/

Looking forwards to more excellent distribution from the community. This a shining example of how to do it properly while this crypto shit show is currently going on outside of the Hive and SPK Network ecosystems.

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I would say DAO is good, but tokens should not be given away randomly for "infrastructure" people. Simple because it can turn off from one day to another. So it needs trust first for new people, like hive dao over time.

Or some delegation support. I mean to get it sustainable and not make people rely on DAO.

So lets say we end up with 80M tokens claimed. The idea is to have 20% on top of those in a dao? So 80M to holders and another 16M in a dao?

If this is the idea it sounds very reasanable.

After the airdrop, will more LARYNX tokens be auctioned off daily by the SIP as described in the light paper? What will that amount be based on? My concern is if the SIP auctions off so many that it quickly dilutes the ~80 million (or however many) LARYNX that are claimed in the airdrop. Maybe it would make more sense to take a snapshot of the LARYNX balances at the end of the airdrop and then airdrop most of the unclaimed tokens proportionally. Just an idea.

I've been accumulating some LARYNX and plan to get more involved in SPK. I'm excited about the potential of this project!

I'd prefer to drop all the unclaimed token into the DAO, but I've compromised to signal 50% of them. Makes no sense to me to burn any.

We have Snapshots and arguments can be made for late 'claims' after full launch. That would driver further adoption. Doh, those should not be a one time claim all - but rather also 12Month with individual starting dates, best case even staked. Thereby decreasing the 'drop all and forget about the project' probability significantly. Those Tokens would have to be payed out be the DOA of course, probably held up by a supported proposal.

Having some LARYNX left in the DAO could also come in very handy. But there are many ways to make that happen. Taking two digits % of all unclaimed token might be an overkill. If the court of public opinion identifies that as a risk, it might hinder investments.

Good that we vote on that, the obvious solution is for everyone to claim their tokens and that will NOT happen.