Following the successful temperature check on LP-focused NIGHT distribution (100% Interested), I propose a parallel, non-dilutive initiative using the DAO’s independently earned NIGHT from protocol-owned liquidity (POL).
Proposal:
Allocate ~250,000 NIGHT (~3–5% of total DAO-held NIGHT, TBD via final audit) from the DAO treasury (POL portion) to a one-time airdrop for SUNDAE token holders/stakers.
Details:
- Snapshot: New, fair snapshot of SUNDAE in wallets or official staking contracts
- Vesting: 6-month linear vest to align with long-term governance
- Purpose:
- Reward governance participants not captured in LP snapshot
- Lower entry barrier to Midnight ecosystem
- Drive TVL & DEX volume via network effect (est. 15–25% TVL lift, per Aave/Uniswap models)
- Funding: DAO treasury only — zero impact on LP allocations in current proposal
This runs in parallel to the LP proposal and can be bundled or voted separately on-chain.
Interested in advancing to formal proposal?
Yes
No
Let’s keep building inclusively. Thoughts welcome.