Bounty Slush Fund

Overview

This is a proposal is to create a 'slush fund', to be used for community building. This is a one-time allocation of PSF tokens, set aside to be spent on bounties, tips, community promotion, and hackathon prizes.

Scope

An amount of 10,000 PSF tokens are requested to be used for discretionary funding of unplanned events. Some of the events covered by this fund would be:

  • Tipping community members that perform actions that benefit the community.
  • Bounties for small tasks that can be performed by community developers.
  • Hackathon prizes
  • Advertising or spontaneous, unplanned marketing efforts.

The funds will be stored in a multisignature wallet and will require several members of the core management team to sign off on expenditures. Fund expenditures will be tracked in a spreadsheet, which can be viewed by VIP members upon request.

Budget

A quantity of 10,000 PSF tokens is requested. At the current token price of $0.494 per token, this represents a potential impact of $4,940. These funds are expected to last between 3 to 12 months.

Deliverables

There are no specific deliverables for this proposal.

Voting

  • A YES vote for this proposal will fund this 'slush fund' wallet.
  • A NO vote would not fund this proposal.

If members do not cast their voting tokens, they are effectively choosing to 'abstain' and not participate in voting 'yes' or 'no'. But we've provided an abstain address where you can send your voting tokens, to get rid of them.

Discussion

Please join our VIP Telegram channel to discuss this and future proposals. If you need help, type the /help command in that channel.

A Yes Vote

Casting a 'Yes' vote means this proposal will be funded for the budget amount listed in the Budget section.

To cast a 'Yes' vote, send your voting tokens to this SLP address:

simpleledger:qpwjdf897dud6m6ec5k5f9qpq86239pxrculmt25rw
simpleledger:qpwjdf897dud6m6ec5k5f9qpq86239pxrculmt25rw

A No Vote

Casting a 'No' vote means that you would prefer not to see your token value diluted by funding this proposal.

To cast a 'No' vote, send your voting tokens to this SLP address:

simpleledger:qrmgej4p3h6clakyteqkeef70g878lnpac54fx9854
simpleledger:qrmgej4p3h6clakyteqkeef70g878lnpac54fx9854

Abstain

If you would like to abstain from voting, you can send your tokens to this address, or you can simply refrain from sending your tokens anywhere. Either way, the tokens will not be considered in the 'Yes' or 'No' tally.

To abstain from voting, send your voting token to this SLP address:

simpleledger:qzl0na9rmxeq0m4gnpsj3cay2zqf3kauncf40epw9n
simpleledger:qzl0na9rmxeq0m4gnpsj3cay2zqf3kauncf40epw9n

Token Information

10,000 voting tokens will be air-dropped to 50 addresses holding PSF tokens. The quantity of tokens received by each address will be proportional to the merit of that address. Merit is calculated as follows:

  • merit = token quantity x token age (in days)

The token for this proposal will have the following ID:

The token for this proposal will have the following name and ticker:

  • Name: PSF VOTE #0003
  • Ticker: PSFVOTE0003

The following dates and times should be noted:

  • 10,000 voting tokens will be air dropped at 8PM UTC on 3/25/2021.
  • The token balances for the voting addresses above will tallied at 8PM UTC on 4/8/2021.

Distribution

The table below shows data on the top 50 addresses that hold the most PSF merit, and the expected distribution of voting tokens. This information will be added to each proposal so that the community can watch how these distributions change over time.

Merit Tokens Voting Token Sent SLP Address
15683581 48442 3287 simpleledger:qprmqyzeez234fqfleeaafz27tntgn426gl5th2ya5
5603048 15000 1174 simpleledger:qzuf8nvt6nh7shu0x3cup4eshkg5gw5t3s2glkmauh
5598939 42455 1173 simpleledger:qp605m4pqcet32uyhegxg5q08y3laykz6umueswtcc
4924096 20000 1032 simpleledger:qr8fdr5kxzh2nv7c5z7zteqmw5xvnavm4ymq02ytts
1714480 6601 359 simpleledger:qrfavg0y0kz9sjdt4tj4ldwktqw823k4lcx8z2gkm6
1574725 16051 330 simpleledger:qp3hvpsgewnnfhaw3879cm785elmgfmemqfmz2vyr0
1471690 5123 308 simpleledger:qqj8kg0lg0q04e0pspmw6n0necrexl2z6cv538q0zz
1049587 5556 220 simpleledger:qqmk69gpcygqlnyx0aj4va675p303gdwggdv62hap4
763368 42862 160 simpleledger:qqf4yw03fevffd0yzhp2c88n06yzadhp4ywk5c50nu
739052 6606 155 simpleledger:qzjgc7cz99hyh98yp4y6z5j40uwnd78fw5napqqkm4
664698 4033 139 simpleledger:qzvy94m7j420mjddad4upq2nlfctuvdw4yf29vk3hq
557820 2539 117 simpleledger:qrh8gere7c2txc3kgm0avkghlzmtg9393s7dpr0upj
533629 1549 112 simpleledger:qrrkefuplrnckj27r4ve49g75l0mntllqcmmk0l00g
474021 4777 99 simpleledger:qq8mslegj7hgt0sgcqwhkff0y0vn43985caf83qqgr
423809 896 89 simpleledger:qzacxyz77an7mc4ws2427kndehakmmhuryzgqy4plz
394564 2782 83 simpleledger:qz8j7z82sp2jh6cr7qzm5qjgl4t8t0lm2uz7gpgtnu
388655 4257 81 simpleledger:qr8rjhlj803gwlw6lls36fmfvvt3vu82fg7uew75vy
369164 1560 77 simpleledger:qrqjl9zgj9ha7s8u5s6cak4vujgc28mluqst4439s7
338864 1515 71 simpleledger:qqrdrwhpajm2mgrfztkn0kzhgnwhf3c3xcg2gy6ny5
310363 1381 65 simpleledger:qrrs687a74alrpz9efwyw0tps73th8rtn5kr2p940z
302430 1000 63 simpleledger:qr7599ydhv0emdjnts2hgad7qtwgyeptgy3zn3wjky
289979 1851 61 simpleledger:qp36pw7y7fnnzqx7vuynch9rsjsymg06w50mw56qxz
274923 1080 58 simpleledger:qrq9y9wxp8v73ncx3kpq2jj5vlckpmc4f56znv6s9c
254925 1838 53 simpleledger:qqufcah40uxudqd6m203hvwxml4x2ynvq5arzxumah
237600 2000 50 simpleledger:qpzqzslw2sv386p38s04qfvahxjun5t6aqhzmqc38s
237600 2000 50 simpleledger:qqf9rv5pjjkhnc6je2mzcf92w7kfqjecf50hc2l8tj
237600 2000 50 simpleledger:qr0mphv98glc54memnuvzfx5cm5008fum5zc6dg57e
228140 2000 48 simpleledger:qrlrze49qdhg9r65hgec7ed3lrv5gmkweun8k8jzvu
228140 2000 48 simpleledger:qpzeypnvlvuy8j6evz5a49xv4a5cj2d60uqc3vz8sy
228139 2000 48 simpleledger:qz532m3var0xhxxfm6qa8fn2jhrqjyf5w5u93vgj9a
217189 966 46 simpleledger:qpteu0cmqtgrz7sfpdyhtr08s88jma0r8cj0jgza2z
213105 700 45 simpleledger:qrh2ngezys8y26549e9vctfsruycegadyvhmue2k30
183241 973 38 simpleledger:qr969r5h33lgeggqpljep3edre4kaks7xscazgqc0d
157823 1186 33 simpleledger:qrqjv705zsz783fdf8xzhdzwm7e60axz6ck0hdmvj8
115708 2667 24 simpleledger:qrhsg98pccgd8ge7qrr4fwwjldjrke2sw56ng0nmsc
111957 981 23 simpleledger:qz7vpy245k7tqghkaa0vap2vjhv5llhwzypp3xa98y
93779 722 20 simpleledger:qp9wtz6q9v3qhmhl5qjrxz60ndt8p8qfzqvykr85es
73540 2000 15 simpleledger:qrfxu3f02xnxdhc4ktyx4sc7a9ujlu05fq0qagmy4x
73540 2000 15 simpleledger:qrzmw9lx3ntl9n6mwyvt7pftmg5fu39lsvlppdkr35
73540 2000 15 simpleledger:qp42ghl625cresvuzlevq826wz3ah76vlgv9xuymc2
73540 2000 15 simpleledger:qqysxgpdvxv4nuff6wwtphx8qs8kq6r6xysz9hv2k9
73540 2000 15 simpleledger:qz7x363nxkt658qatlr62qxgumslj75j6vzgphxw2v
45346 1233 10 simpleledger:qqvt2n0afcukde2ex3cxfqpxmptd97tlgu9va7d28k
28728 3600 6 simpleledger:pzvkg0xkt5jfwc6svz6r7xzffddj9kp3xuxnet4k40
24346 754 5 simpleledger:qpamn8qgjtjx6h7cx9zhta6jjr7cp73q6g6w203ugq
21745 23382 5 simpleledger:pqgxryrmu7ut43qchqwzg7zd2k6vm0p7tuq8ug7wnv
21591 995 5 simpleledger:qqnysgkyldcm6m3m5ffeahx96cat4eg0us7mzzf56z
7246 7628 2 simpleledger:pzud93v66hsmf0ua6jr2pk37fh6ervqh9spppg9adj
7197 900 2 simpleledger:ppw0t5m97gg8688vvp7hqz7uqd3r7zfj2sj2kgcyjw
1357 700 0 simpleledger:qz9n6l2zu6ch8czcejt2jncu5nttvdqlus07h805ru