Greetings UNION Community,
The team has made it clear that it would be up to us, the UNION Protocol Governance Token holders, to vote on the disbursement of MOAR tokens held by the UNION Protocol Foundation (MOAR token reserves).
On that note, I think that this disbursement of MOAR tokens held by the UNION Protocol Foundation, henceforth referred to as an “airdrop”, should follow a structure that will drive the most buy pressure for the UNION Protocol Governance Token (UNN).
The terms of the airdrop should be as follows:
-To discourage airdrop “sniping”, recipients of the airdrop will only include bearers of the UNION Protocol Rewards Token (rUNN), which can be obtained by staking UNN at runn.unn.finance.
-The airdrop will be proportionally distributed only to addresses with at least 100k rUNN.
-The airdrop at completion should total 1/3 of the foundation’s 2,000,000 allotted MOAR to preserve the Foundation’s discretionary funding for development.
-Per the MOAR vesting schedule, these Foundation tokens will be unlocked for airdrop at the end of April 2022.
-The airdrop should consist of 7 equal disbursements over the course of 3 months to ease price impact on the MOAR token and maintain stability in the price of the UNN token.
-The terms of the airdrop should be heavily promoted on all official channels including Twitter, Telegram, and Medium at least a month in advance to encourage new purchasers to buy and stake UNN to receive the airdrop.
If you want to sponsor this proposal, I can be reached on Telegram: @RustyTheGamer