BNC Loyalty and Lockup Compensation Proposal

🏛 Governance Democracy
#1

Problems with the previous proposal

After the discussion and analysis of the previous proposal, I finally thought that it would be unfair to treat all institutions with the same standard. After I analyzed each address, I found that not all addresses have the problem of unlocking and selling, among which there are many addresses that still hold and add more positions.

It is unfair to extend the lock-up process for all addresses just because of the disloyalty of a few addresses. At the same time, only the unlocking period is extended, and the previously unlocked Part of retroactive, so we should calculate the loyalty of each address, give different schemes according to different loyalty, and the retrospective of the previously unlocked part can be compensated by adding a period of cliff.

New proposal: BNC Loyalty and Lockup Compensation

By comparing the initial BNC balance of the address with the existing BNC balance, the loyalty score of each address is calculated. Combined with the initial liquidity distribution ratio, it is divided into two types of addresses: Seed and Private, and the corresponding addresses are given respectively. The release ratio per block and the number of compensation cliff blocks.

Parameter

Seed PRPR Private PRPR Seed CCB Private CCB
Min. 0% 0% 216,000 100,800
Max. 50% 30% 648,000 648,000
  • PRPR: Percentage reduction per block release
  • CCB: Compensate cliff block

According to the specific calculation table of parameters:

Summary, the effect we can get through this proposal: the lower the loyalty of the address, the longer the extended unlocking and cliff time, the higher the loyalty of the address, the shorter the unlocking and cliff time of singing, we can discuss and determine the above parameters , to achieve the desired effect.

3 Likes
#2

How is the score loyalty calculated?

#3

You have the formula in the Excel sheet.

Interesting proposal.
I’m in to dig it and find the better solution to slow down the release of BNC tokens for private and seed rounds.

#4

Boa tarde , teria que achar um meio de acabar com essa força vendedora, na minha opinião teria que ter listagem em outras cex …

1 Like
#5

You have to do something Bulat.
The way things are going we are going to have a very hard time getting more liquidity into the project. I fully support the longer vesting time.

#6

Don’t forget to like the proposal, share it if you think it’s a good one

#9

Hi guys, sorry for being too busy a while ago. Recently, I have re-organized the proposal and successfully submitted the latest proposal on the chain. Since there is currently an ongoing referendum proposal, we are currently in the proposal stage, and you need to click Second to ensure that It could appear in the next referendum proposal.

The latest change, I updated the parameters in the previous proposal, they make the influence of loyalty on Cliff and Vesting become larger, the adjustment of parameters will make the proposal more effective.

The following are the latest parameters:

Seed PRPR Private PRPR Seed CCB Private CCB
Min. 0% 0% 0 0
Max. 50% 30% 864,000 648,000
  • PRPR: Percentage reduction per block release
  • CCB: Compensate cliff block

According to the specific calculation table of parameters:

If you support, please use your $BNC to cast a valuable vote, if you disagree, please also give your suggestions in the comments, thank you!

On-chain proposal portal: BNC Loyalty and Lockup Compensation Proposal

2 Likes
#10

That’s a huge work you did.
The community should be thankful for it and really dive into the proposal and vote.

I’m spreading the word