Turn on Token Metrics DAO Revenue Share and Buyback Switch

Title: Turn on Token Metrics DAO Revenue Share and Buyback Switch
Date: March 10, 2025
Summary: The proposal suggests enabling the revenue share and buyback functions and allocating 50% of the DAO's revenue to each. To start, the Token Metrics Platform will allocate 10% of its platform fees to the DAO, which results in 5% for buyback and 5% for revenue share. These percentages can be adjusted later through future proposals if needed. Platform fee distributions may be increased by up to 50% as platform fees grow, at the discretion of Token Metrics.
Background: As the Token Metrics ecosystem evolves, it becomes crucial to systematically allocate DAO revenue to support token value and sustainability. This proposal establishes a clear framework that activates revenue share and buyback features automatically upon approval, ensuring that DAO revenue is efficiently distributed between these two functions.
Proposal Actions and Conditions:
- Revenue Mechanism Activation:
  - Action: Automatically enable revenue share and buyback features upon proposal execution via the timelock process.
- Revenue Allocation:
  - Action: Allocate 100% of DAO revenue between buy back and revenue share.
  - Default Split: Set at 50% for buy back and 50% for revenue share.
  - Flexibility: The split may be modified through future proposals.
- Fund Distribution:
  - Action: The admin may opt to distribute the accumulated funds every quarter.
Governance Framework:
- Voting Eligibility: Any holder with a non-zero veTMAI balance.
- Success Criteria: Must meet a quorum of 10% of total veTMAI and secure yes votes that exceed no votes by at least 10%.
- Timeline:
  - Voting starts after a 1-block delay and runs for 7 days.
  - The proposal is void if the required conditions are not met during this period.
- Execution:
  - Once approved, the proposal is automatically queued via the timelock process.
  - If execution does not occur within the timelock window, the proposal expires and is considered defeated.
Impact Assessment:
- Benefits:
  - Activation of Revenue Streams: Enables the systematic utilization of DAO revenue for token buyback and revenue sharing.
  - Equitable Distribution: The default 50-50 split ensures an equal allocation of funds for both initiatives, fostering balanced growth.
  - Predictable Distributions: Quarterly fund distributions promote transparency and regular reinvestment into the ecosystem.
- Considerations:
  - The framework provides flexibility for future adjustments through additional proposals, ensuring that the allocation can evolve with market conditions and community needs.
Next Steps:
- Initiate community discussion and voting under established governance rules.
- Upon approval, automatically queue the proposal via the timelock for execution.
- Monitor the implementation and quarterly fund distributions, with potential adjustments via future proposals.
Conclusion: This proposal is a pivotal step in leveraging DAO revenue to support token buyback and revenue sharing. By activating the switch and setting a default 50-50 revenue allocation, the DAO ensures a balanced approach to reinvesting funds into the ecosystem. We encourage all TMAI stakers to participate in this decision to further enhance the sustainability and growth of our platform.

Title: Turn on Token Metrics DAO Revenue Share and Buyback Switch
Date: March 10, 2025
Summary: The proposal suggests enabling the revenue share and buyback functions and allocating 50% of the DAO's revenue to each. To start, the Token Metrics Platform will allocate 10% of its platform fees to the DAO, which results in 5% for buyback and 5% for revenue share. These percentages can be adjusted later through future proposals if needed. Platform fee distributions may be increased by up to 50% as platform fees grow, at the discretion of Token Metrics.
Background: As the Token Metrics ecosystem evolves, it becomes crucial to systematically allocate DAO revenue to support token value and sustainability. This proposal establishes a clear framework that activates revenue share and buyback features automatically upon approval, ensuring that DAO revenue is efficiently distributed between these two functions.
Proposal Actions and Conditions:
- Revenue Mechanism Activation:
  - Action: Automatically enable revenue share and buyback features upon proposal execution via the timelock process.
- Revenue Allocation:
  - Action: Allocate 100% of DAO revenue between buy back and revenue share.
  - Default Split: Set at 50% for buy back and 50% for revenue share.
  - Flexibility: The split may be modified through future proposals.
- Fund Distribution:
  - Action: The admin may opt to distribute the accumulated funds every quarter.
Governance Framework:
- Voting Eligibility: Any holder with a non-zero veTMAI balance.
- Success Criteria: Must meet a quorum of 10% of total veTMAI and secure yes votes that exceed no votes by at least 10%.
- Timeline:
  - Voting starts after a 1-block delay and runs for 7 days.
  - The proposal is void if the required conditions are not met during this period.
- Execution:
  - Once approved, the proposal is automatically queued via the timelock process.
  - If execution does not occur within the timelock window, the proposal expires and is considered defeated.
Impact Assessment:
- Benefits:
  - Activation of Revenue Streams: Enables the systematic utilization of DAO revenue for token buyback and revenue sharing.
  - Equitable Distribution: The default 50-50 split ensures an equal allocation of funds for both initiatives, fostering balanced growth.
  - Predictable Distributions: Quarterly fund distributions promote transparency and regular reinvestment into the ecosystem.
- Considerations:
  - The framework provides flexibility for future adjustments through additional proposals, ensuring that the allocation can evolve with market conditions and community needs.
Next Steps:
- Initiate community discussion and voting under established governance rules.
- Upon approval, automatically queue the proposal via the timelock for execution.
- Monitor the implementation and quarterly fund distributions, with potential adjustments via future proposals.
Conclusion: This proposal is a pivotal step in leveraging DAO revenue to support token buyback and revenue sharing. By activating the switch and setting a default 50-50 revenue allocation, the DAO ensures a balanced approach to reinvesting funds into the ecosystem. We encourage all TMAI stakers to participate in this decision to further enhance the sustainability and growth of our platform.