[GRFC: Require GRO tokens to be locked to vote, and define off-chain governance processes (Meta-governance update, sub-proposal 1)(GRFC: Require GRO tokens to be locked to vote, and define off-chain governance processes (Meta-governance update, sub-proposal 1))
The Gro Rewards Vesting Process has been a pivotal asset in GroDAO and investors in Gro Protocol since inception. However, overall crypt market fluctuations, a major Gro DAO changing event, and general changing opinions have caused the tokenomics and sentiment of the vesting protocol to change. We have seen growing interest in a change to the rewards poll, with a greater interest in a change needing to take place for contributors.
Some people may believe that vesting in Gro DAO is no longer profitable. I believe this reconfiguration stage of GroDAO is the best time to make a change for Gro Vesting Rewards. In order to do so, we can make three changes to improve the vesting process.
Change the Transparency process of GroDAO buyback to having an update of where the buy back stands at every community call.
Increase the Performance fees to 6% from a 5% current buyback fee from current yield protocol funds.
3.consider a change to the buy back period (monthly buy back)
These decisions would give either more power to contributors to make informed decisions for their finances and their contributions to the DAO.
- increased amount for rewards pool
- increased contribution leading from more transparency around potential rewards
- Change in fees attributable to yield from Gro Protocol (potentially offset by change in strategies introduced in MIM proposal listed in related links)
Yes - you agree to this proposal
No - I do not agree to this proposal
Abstain - I abstain
I have a suggestion - you have a suggestion that can be added into the comments.
Poll will be posted for comments and feedback for 1 week: 7/21 - 7/28
Do You Agree to this Proposal?
- I have a suggestion