- Polygon did not want to own any of the tokens surprisingly… We offered it to them, but their legal set up for their grant programs didn’t work for it, so we don’t have direct experience with this. But I can outline how the process works:
Everytime a token is launched, 5% of the initially minted supply (320k tokens) would be locked for a year in the Payment Processor contract and then streamed for a year, claimable by an address that an AAE would control (I assume a multisig).
We would need guidance from an AAE on this IMO.
- I would steer clear of the bloat that would come with bringing in a “portfolio manager” or equivalent because when you bloat a proposal with money managers, things get expensive and inefficient. This was happening early on in Arbitrum where multisig signers were getting $6k a month to sign a tx… Then we started MSS, which was more efficient… but still not ideal. Now we are headed towards the AF taking on most payment functions.
I assume one of the AAE’s can take this on for the DAO. Given the diagram below it fals under either the AF or Entropy.
