This proposal suggests redistributing unclaimed tokens from the hodlerdrop(Lisk HodlerDrop) proportionally to the airdrop already received by participants, like LayerZero did. If half of the tokens remain unclaimed, those who have already claimed their tokens would receive an additional amount proportional to what they have already claimed.
Motivation
The unclaimed tokens were initially designated for the hodlerdrop, so it makes sense to redistribute them to active participants rather than reallocating them elsewhere. Many active participants have already experienced significant dilution of their holdings during the migration. This redistribution would help offset that effect and support those who actively engaged with the platform.
Rationale
This proposal aligns with Lisk DAO’s mission to support and reward active community members. By redistributing the unclaimed tokens, we incentivize engagement and participation. Additionally, this ensures that tokens originally set aside for the community stay within the community, promoting fairness and inclusivity in line with the DAO’s values.
Action Plan
Snapshot and Assessment
Determine the final amount of unclaimed tokens after the set claim period.
Assess the total distribution to hodlerdrop participants.
Proportional Redistribution
Redistribute unclaimed tokens proportionally among the active participants who claimed their hodlerdrop tokens.* * example: If half of the tokens remain unclaimed, the redistribution will be adjusted according to the percentage already claimed by each participant. It means that each participant will receive the same amount as they originally received, because the exact same amount of tokens remains unclaimed.
Execution and Transparency
Provide a transparent report detailing the redistribution process to ensure the community can verify the amounts received.
Allocate development resources to implement and execute the redistribution via smart contracts, if applicable.
Should the unclaimed hodlerdrop tokens be redistributed proportionally among participants who have already claimed their tokens?
Yes: Redistribute the unclaimed tokens proportionally among those who have already claimed.
No: Do not redistribute the unclaimed tokens among the claimants.
Abstain: No opinion or preference on the redistribution of unclaimed tokens.
What about people who got their tokens swapped on crypto exchange automatically for 1:1 ratio? I don’t think redistributing is good idea, better freeze those tokens to avoid selling pressure. You want to reward people who already got their rewards and punish those who have unclaimed tokens. If they receive now they will sell it dumping the price. Please don’t steal people money from them. They have unclaimed tokens they should be able to claim them even after 20 years.
I’m lisk holder since 2018, don’t tell me I’m new. I see lisk news all the time since then. I have my lsk tokens on crypto exchange ready to sell at any given time. My goal is to make higher lsk token price. All your ideas are opposite to this. I don’t want more tokens I want more money from my investment.
Then how you will name people who bought lsk tokens and are not staking them for rewards when another people receiving somebody else staked rewards and selling those additional tokens from rewards for cash? New investors are punished for buying something with strong consistent downward moves on chart. Lower lows higher rewards.
We are talking here about 1.514mln unclaimed lsk tokens ready to flood the market dumping the price.
Don’t make new lisk investors start from loser position. Those unclaimed tokens should be locked.
Whoa, slow down! Don’t judge by your own standards! Thank you for revealing your true goals, because your goal is only about the price, while mine is different — the development of the project, and as a RESULT, the price growth.
I’m getting less and less inclined to respond to your foolish comments because it’s clear you haven’t been involved with Lisk since 2018, or you’re just holding tokens without understanding how things work here. People earn rewards only for staking their own tokens, plus they receive rewards proportional to the risk! You’re actually confirming that you’re a parasite of the current system, a speculator, and the only thing keeping you here is the price. I assure you, you will get that opportunity at a good price. Every validator has locked their tokens for a long term, and you can verify the lock periods for any of us. 90% of my tokens are locked for 1-2 years, and for that, I get the right to vote, the right to make proposals, and the right to earn rewards! Moreover, for the rewards I receive, I also face penalties in case of early unlocking, up to 50% of my stake! By the way, before the migration, I increased my stake by 2.5 times.
You hate investors and parasite is you not me. I bought tokens with my own money you are earning them for free by staking. So hateful speech you started. Learn how to appreciate investors like me willing to invest their money to lisk project long term or let your tokens be worthless number on the screen.
You’re so mad at me now that I say things as they are. It is in YOUR interest and it is beneficial for you to push this idea. Selfish behaviour. But keep thinking you are the most important and most influential person here… this is the problem that really is destroying this project. You can’t stand the vision that somebody else unclaimed tokens won’t go to your fat wallet.
I bought 600,000 tokens before the migration. LayerZero, for example, distributed all the tokens intended for the drop in a second distribution, exactly the way I suggested. I didn’t come up with this idea on my own; I simply used a practice from the market.
Everyone will make their own conclusions. Have a good day.
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Thank you for revealing your true goals, because your goal is only about the price, while mine is different — the development of the project, and as a RESULT, the price growth.