Temporary plan for $ASF utility

Paying out revenue right now is short-term thinking. Nevertheless, we need a temporary and fast plan to create utility for $ASF.

At this stage, we should allocate 100% of the revenue to marketing/incentivizes, and we must define a protocol revenue target (per year) that will determine when we start splitting the revenue between:

  • the vault,

  • marketing,

  • and revenue share for veASF holders.

These percentages should be discussed and voted on.

For example: once we reach $5 million in annual protocol revenue, we begin splitting the revenue instead of sending 100% to marketing.

A potential structure could be:

  • 20% to vault savings,

  • 30% to marketing,

  • 50% to the revenue share vault for veASF holders.

Once the veASF revenue share vault reaches a predetermined amount, we initiate payouts.

This is only a temporary plan. It would finally give $ASF real utility, allowing people to genuinely buy into revenue share. Once this target is reached, we can start discussing a new proposal based on market conditions.

To summarize the plan:

  • Vote: decide the annual protocol revenue threshold at which we stop allocating 100% to marketing and begin splitting revenue.

  • Vote: decide the distribution percentages (vault / marketing / revenue share for veASF holders).

  • Vote: decide the amount of USD required in the revenue-share vault before payouts to veASF holders begin.

To keep things efficient and fast, I propose a 3-day discussion period on the voting options, and then we begin voting at the end of next week. This way, we introduce utility alongside the Sunbeam launch, which is beneficial for exposure and marketing.