info_tfgrid/collections/solana/theplan.md
2024-04-05 07:43:18 +02:00

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The plan

Tokens

  • 1 TFT -> 3 INCA
    • the mechanism in which this happens needs to be defined
  • max 4 billion INCA

How to convert from TFT to INCA

  • mechanism hasn't been defined yet
  • there might be conditions to conversion
    • vesting?
    • requirement to put some cash in a liquidity pool?
    • others?

the 1 billion INCA = airdrops/rewards for

  • promotion
  • technical achievements
  • reward for farmers and other contributors
  • peer2peer promotion program

Governance

  • ThreeFold Wisdom Council, to be created, 9 people, 6 need to agree.
    • 1 OurWorld (MWW)
    • 1 ThreeFold DMCC (Adnan)
    • 1 TF9 (Kristof)
    • 1 Sikana (Greg)
    • 5 people with name in community
  • Budgets get allocated to projects on git.threefold.info, clear stories with clear budget allocations and cashflow tracking or time tracking.