Popsicle’s Team Burn Proposal

  • ICE as a marketing budget (incentivization)
  • ICE as the governance token (voting power)
  • ICE as the protocol ownership (fee accrual, etc)

ICE as the marketing budget:

Ice as the governance token:

Ice as the protocol ownership:

Please note that these data were collected on the fifth day after Fragola’s launch and the assets’ price in USD are therefore computed accordingly!

So now that we have a general understanding of the ICE token use cases, what are the key questions?

  1. How large does our future marketing budget need to be?
  2. Do we need to attract more talent into Popsicle to take part in governance?
  3. Will a part of nICE fees also go towards developer funds etc?

How much marketing spending do we still need?

Do we need to attract more talent into Popsicle to take part in governance?

Will a part of nICE fees also go towards developer funds etc?

The Team’s Proposal

  • We will allocate 7% of this mintable supply to the Popsicle DAO treasury for governance to decide on its use. This will be executed by all multisigners. This will bring the DAO final allocation to 3,754,501 ICE tokens.
  • As mentioned above, 3.4% of the mintable tokens will be allocated towards the Team/Devs in order to make sure further operating costs and required hiring can be covered, while we wait for nICE fees to start paying for this. This would maintain the Team/Devs token allocation of 6,900,000 ICE tokens unchanged.
  • Extend the LP rewards with 6% of the total mintable supply for one more year. The amount minted will be 3,218,144 ICE tokens.

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Popsicle.Finance

Popsicle.Finance

Popsicle Finance is a multichain yield optimization platform for Liquidity Providers. Turn on our auto-pilot, relax, and boost your yield.

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