RE: CGRF Sponsorship Proposal - Tokyo Beast
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It's not really going to work like that, that's why I linked you the other post that outlines the yearly bucket. If there's only 10 players that take us up on the offer, then we know the amount of SPS that is allocated for year 1. That is known. How many shares will exist is variable. How many shares from which project is variable. How active the players that own those shares is variable.
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Then it seems kind of arbitrary at the time we have to vote for each specific proposal. Do we at least know that the other proposal should get 5/3 (250k/150k) of everything compared to this one, or it all depends on the participation? Is then the maximum available amount known? I just want a bit more clarity about what I am voting on here.
Btw I like the CGRF proposal and think it is great for marketing and getting crypto folks in. Also I appreciate your hard work for the DAO and answering all kinds of questions here and in discord.
We know that year 1 the DAO is committing 2 million SPS to this project. Each year half of the available SPS is distributed based on active participation and shares owned. So what is 100% known is that year 1 we're giving out a million SPS, which is less than 1 season of wild rewards. The more participants we can get involved, the more distributed those rewards are and if the project fails I'll make a proposal for the DAO to not fund it further.
Ok I see now, thank you 🍻
Hopefully we can bring in a good amount of people by showing them we care and want to help them onboard here. One way to find out!