Finalized Proposal: Dec/Jan Break and Airdrop 2021

[Beanow]

@blueridger

Proposal for Dec/Jan Break Funding [last edited 12/6/21]

based on the miro workspace and discussions of it.

Are these:

• Roam Research – A note taking tool for networked thought.
• Discord

The relevant meeting notes? Or am I missing any?

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@blueridger

The previous $8k cap on grain redemptions will be lifted, allowing participants to redeem any/all of their Grain at a fixed redemption peg of $0.37 USDC. This peg is backed by the last $250,000 of funding originally requested from PL by Dandelion for the purpose of backing the Grain distributed and the distribution precedent set while Dandelion was dictator.

I’m assuming you mean this approach This tool needs some reworking, since our new funding situation is no longer compatible with the below instructions. / sourcecred | Observable using 250k USDC as backing?

And can you touch on why, as opposed to Funding Allocation for Winter 's con:

@ezraU

Inactive grain whales might be able to empty us out unless we set a redemption cap.

The redemption cap can be safely lifted? Because, PSA, I don’t have much choice and am compelled to take the grain out, regardless of the rate, regardless of ongoing concerns I have and regardless of my expectations of future Grain value. But I don’t want to jeopardize anyone else’s situation in clearing out my account. Especially when it can be planned for.

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Also…

@blueridger

while Dandelion was dictator.

Temporary Benevolent Dictator please.