Proposal Summary
We hope to provide a 50 $EXOD (roughly $42k USD at current lows) airdrop to the wider $OHM community upon approval from our community, but first we wanted the OHMies help in crafting the ideal airdrop platform that would most help distribute the $EXOD tokens to those who most deserve them. We also have the constraint of market impact and simply overall budget so we would like to keep these type of airdrops manageable as we would usually expect a large portion of folks selling them.
Request: We ask the OHMies to help provide us with ideas on how to best distribute these funds, at which time a final proposal will be given to the $EXOD community to vote on to fund or not.
An Introduction to Exodia & Our Goals.
Exodia ($EXOD) is the first fork of OHM that was launched on the Fantom (FTM) Opera Network October 26th. The project has already become fully community managed and we are working towards building a symbiotic platform for the OHM mothership as suggested by Zeus in his occasional tweet storms. We are fully aware of the power of collaboration and are doing our best to build first, and ask for support later. We are building a solid and secure platform focused on not only gOHM but also Fantom Blue Chips & expanding the OHM community. We focus on education, fundamentals and ensuring the project remains focused on the right aspects of growth and stability such as runway; dilution and treasury growth.
We hope to add some fun twists to support the EXOD token but have no plans to drastically change the way it functions as that could risk undermining the elegance OHM offers, but we have some other ways to provide this value and plan to have many supportive concepts to the EXOD token. The first of which was implementing a community managed DAO, with a fully secure multi-sig treasury with popular & doxxed Fantom individuals who are not part of the Exodia project (FTMAlerts, Eerie from SpookySwap, FieryDev) securing the project from any sort of ill fated treasury issues.
We have plans to build incentives into our education structure as well as invest the necessary time and funding into developing a program the OHMies can be proud of.. as we are all part of the mothership. Or as the Exodians put it; FOR THE MONOLITH!
Bridging Chains & Communities.
In order to kickstart the bridging of communities we thought it would be a great gesture towards the OHMies as well as help provide incentives to check out the Fantom Opera network which can be accessed by adding a new network into your MetaMask wallet and then using a website such as SpookySwap which is the leading DEX on Fantom. Providing an airdrop of some value to the widest range of people seems like a great way not to only give back to the community we strive to help build into the multichain future, but also help provide an incentive to give either try out the Fantom network or better yet, stake the free $EXOD!
The main questions we would have for the OHMies are, how many people is best to do for the first airdrop? Should it be scaled based on tokens owned? Should there be an airdrop cap per address? Should we try to do more than 1k addresses? What other factors should we consider? We want to hear your thoughts!
1 Step at a Time.
While this idea is something we would like to accomplish, and accomplish soon, we recognize that we cannot 'break the bank' on efforts such as this and would like to remind everyone that we must remain responsible with the amount of EXOD used for these things, we also would ideally want to continue efforts like this in the future so refining the idea as we grow before we go big on airdrops would be something to keep in mind as well.
Thank you everyone for your time! Keep an eye out for our official partnership proposal in the near future.
You can learn more about Exodia @ https://exodia.fi or by following us on Twitter @ExodiaFinance!
