Minting PWR for non-profit DAO

Example data based on WavesDAO:

Introduction:

The Non-Profit DAO has been a driving force in fostering community engagement and promoting social welfare initiatives. In an effort to further encourage active participation and contribution from individuals, we are proposing a motivational scheme based on the minting of 400 PWR (Power Tokens). The allocation of these tokens will be strategically tied to the level of engagement and commitment demonstrated by the participants.

Incentive Structure:

The proposed plan involves the issuance of 400 PWR tokens, with a specific distribution plan over a one-year period, divided into quarterly allocations of 100 PWR each. Participants will be rewarded with PWR tokens, determined by their commitment to the cause, specifically based on their involvement in waves and their direct PWR commitments.

Allocation Breakdown:

The distribution formula for participants' engagement is as follows:

- For Waves Commitment:

Each participant's PWR per waves will be calculated using the formula: PWR per waves = Total PWR for the shared quarter / Total waves committed

This will translate to 85% of the total PWR being allocated to the participants based on their level of commitment to the Waves, with the remaining 15% being dedicated to PWR commitments.

- For PWR Commitment:

The allocation for participants based on their PWR commitment will be calculated as follows: PWR per participant = Total PWR for the shared quarter / Total pwr committed

Under this arrangement, participants demonstrating a strong commitment to PWR will receive a proportional reward based on their level of commitment.

- Financial Implications:

The proposed incentive structure implies a PWR value of approximately 0,00404761 pwr ~ 1,56574 USDT per Waves commitment and 0.15 pwr ~ 56 USDT per participant PWR commitment. This valuation ensures that participants are duly rewarded for their involvement and dedication to the Non-Profit DAO's mission.

Risk Mitigation:

In the event of project failure within the Non-Profit DAO, the PWR tokens allocated for the respective quarter will be burned, ensuring accountability and sustainability within the incentive program.