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Merge pull request #1089 from makerdao/MIP102c2-SP29-update
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Update MIP102c2-SP29.md
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VoteWizard authored May 2, 2024
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50 changes: 1 addition & 49 deletions MIP102/MIP102c2-Subproposals/MIP102c2-SP29.md
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Expand Up @@ -35,7 +35,7 @@ MIP101 Sections 4.3.12.2 and 4.3.13. If other MIP102c2 amendments are being vote

### Amendment Pull Request

Pull Request TBD
https://github.com/makerdao/mips/pull/1088

### Summary of Changes

Expand All @@ -45,51 +45,3 @@ Pull Request TBD
* Made `Genesis` consistently capitalized, as that was the prevailing style
* Made `workforce` consistently uncapitalized, as that was the prevailing style
* No change was made in total number of subDAO tokens

>**4.3.12.2: AllocatorDAO Genesis Emissions**
>The Genesis emissions of Allocators are 4.6 billion tokens over 10 years, with the following breakdown.
>
>**4.3.12.2.1: Genesis Farming Emissions**
>2.85 billion Allocator tokens are for Genesis farming.
>
>**4.3.12.2.1.1**
>For the first 2 years, the rate of Genesis farming is 712.5 million AllocatorDAO tokens per year
>
>**4.3.12.2.1.2**
>For the following 2 years, the rate of Genesis farming is 356.25 million AllocatorDAO tokens per year.
>
>**4.3.12.2.1.3**
>For the following 2 years, the rate of Genesis farming is 178.125 million AllocatorDAO tokens per year.
>
>**4.3.12.2.1.4**
For the final 4 years, the rate of Genesis farming is 89.0625 million AllocatorDAO tokens per year.
>
>**4.3.12.2.2**
>The workforce bonus pool starts with 600 million AllocatorDAO tokens. The workforce bonus pool can be further topped up through the permanent emissions.
>
>**4.3.12.2.3**
>An allocation of 1.15b AllocatorDAO tokens will be reserved for MKR holders at the time of subDAO token launch. These tokens have a 10-year linear vesting schedule.
>
>**4.3.13.2: FacilitatorDAO Genesis Emissions**
>The Genesis emissions of Facilitators are 4.6 billion tokens over 10 years, with the following breakdown.
>
>**4.3.13.2.1: Genesis Farming Emissions**
>2.85 billion FacilitatorDAO tokens are for Genesis farming.
>
>**4.3.13.2.1.1**
>For the first 2 years, the rate of Genesis farming is 712.5 million FacilitatorDAO tokens per year
>
>**4.3.13.2.1.2**
>For the following 2 years, the rate of Genesis farming is 356.25 million FacilitatorDAO tokens per year.
>
>**4.3.13.2.1.3**
>For the following 2 years, the rate of Genesis farming is 178.125 million FacilitatorDAO tokens per year.
>
>**4.3.13.2.1.4**
For the final 4 years, the rate of Genesis farming is 89.0625 million FacilitatorDAO tokens per year.
>
>**4.3.13.2.2**
>The workforce bonus pool starts with 600 million FacilitatorDAO tokens. The workforce bonus pool can be further topped up through the permanent emissions.
>
>**4.3.13.2.3**
An allocation of 1.15b FacilitatorDAO tokens will be reserved for MKR holders at the time of subDAO token launch. These tokens have a 10-year linear vesting schedule.

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