[SEP #5] Redistributing Unredeemed Tokens From User Airdrop Allocation

[Daniel]

Since I have read some constructive feedback here regarding the voting options:

Yes, of course the voting options are not ideal. I’m not a fan of them myself, but I don’t see that there is any better alternative.

At least not until a new governance framework for SafeDAO is proposed (and ratified) that allows us to use ranked-choice voting and also gives us more flexibility in other questions.

If we add 2 more voting options (to cover other preferences), we are already at 8 possible choices. And this then becomes so complex that I no longer know whether the option that was voted for the most corresponds to the will of the majority.

But I think that the way the proposal is structured now, it accommodates everyone at least to some extent. And we have to think of a vote for one of the options that includes Allocation B as a two-step process: With this proposal a signal is sent out, and as a response to this signal hopefully different proposals surface ranging from re-opening the claim period to allocating tokens for an airdrop to L2 Safes. Or perhaps even an experimental “liquidity mining program” that rewards users with SAFE tokens for holding assets in Safes.

@CaptainTee

Do we need to backdate the vesting period, is there special benefits in backdating❓ if there is no major reason behind the backdated vesting, I would suggest we use future date which is more understandable to all

I’m assuming the proposal will be finalised on or before 1 March, 2023
Therefore, I’m proposing we change the vesting starts date to;

1st of March, 2023 or the date this proposal gets ratified via snapshot voting (whichever comes early)

The main distribution released 50% of the Airdrop while the remaining 50% vested for 4 years.
The unredeemed tokens should follow the same pattern and release 50% on the claim starts date.

If there are no reasonable amount of token available for claiming, many may keep postponing claiming for the token to accumulate and that may cause people to miss claiming in due time.

Those are fair points. At the same time, having a linear vesting schedule over 4 years without half of them upfront is perhaps an even better way to align interests for the long-term.

I think a compromise could be to extend the redemption period to 6 to 9 months, giving more time for tokens to accumulate and then be claimed/redeemed in one.