Hi everyone !
I’m kinda perplex over this proposal. Are we talking team’s tokens assignment (no vote required) or Community Pool ?
Does that mean that genesis token allocations (product dev, incentives, egf, etc.) is not enough (we initiallly noted it was for a 10-15 years effort) ?
As reminded here FunctionX DAO governance - #2 by FrenchXCore (almost a year ago), almost 200M $FX tokens were allocated to the team at genesis.
Most of the efforts on subsequents projects (beside project itself) were funded by the Community Pool, not by team’s funds.
Dilution of the token value into more team tokens looks like nonsense to me, unless there is full transparency about DAO and governance and much more explanation.
Moreover, team’s validators are still producing many commissions and rewards (thru inflation) that could help this purpose. I’d prefer the Community Pool to fund external projects only.
Eventually, I really still expect to see transparency in the multiple teams addresses’, members, status of funds, roadmap, etc. The community is developing fast, the pace is still but continuous, and we don’t wanna miss the next bullrun…
Just my 2 cents.
As it is, we would clearly vote “ABSTAIN” and maybe even “NO” given that many things are still expecting an answer…
Regards,
FrenchXCore