I think that the airdrop vote would also be a great time to test multiple voting option(s) with RCV (Ranked-Choice-Voting) for a minimal token holder allowance. The Gold Paper noted that RCV or another voting method may be used to help with multiple-choice based proposals. This would be a good time to test that functionality if it is available.
For that purpose, I would suggest a vote on the minimum token holdings required to go out to those who have invested a certain amount. This shouldn’t be # of token based, but rather, calculated based on the amount invested – for simplicities sake, the team should take a $ amount (i.e. $100) and multiply that by the price for either round 1 or round 2, to calculate the number of tokens received to be eligible to receive the airdrop.
For instance, a holder must have at least $100 spend in the protocol at the price of 0.015. This would remove those from eligibility who have only put in $10-$20, hoping for a quick pump. Those with under $50 in the protocol (in the U.S. at least) in reality spent more on verification than buying into the vision. This prevents airdrop farmers who don’t really have a care for the future of the protocol. Realistically, it should be a bit more, but to be fair to folks who aren’t as well off (or from foreign countries where $100 is a lot more than in the U.S.), $100 is a very realistic number for an initial investment while $1000 might be too high and cut off a portion of retail who only put a couple hundred dollars in.
What wouldn’t necessarily be fair is, suppose the airdrop is $47, and a user has only invested $0.01-$46.99 in the protocol. They’re pretty much paid, for free, for investing in the protocol. I am not privy to how many users fall into this range, but the airdrop amount to other holders could be increased by probably a few more dollars, rather than effectively giving users what would effectively be free votes. This addresses the fact that Round 1 and Round 2 voters are not treated equally. Recall that the pre-sale for round 1 only sold-out once Trump had won the election, and right before inauguration day. Round 2 buyers bought in a significantly higher price, many of which for FOMO. True believers in Trump & Co. would have bought early on through-out the life of the protocol, and have significantly more voting power than those who bought later. Option 2 or Option 3 are both very fair to help raise the initial airdrop to those who put in what could be considered the bare minimum. If this proposal is 1 vote per holder (and not based on token holdings and/or share/power), then it would make since and be relatively fair for the majority of holders to all have an equal say in whether or not what population gets to receive the airdrop.
While something like a drop of $47 is feasible for all, that could be trimmed to be only for actual believers, and incentivize those to move money into the protocol in the future – showing that tolerance for gaming the system is not allowed, and give reassurance to dedicated holders who have a long-term vision of the protocol, not short term..
Rationale: If the airdrop is hypothetically $5/wallet, people who invested $5 into $WLFI have paid nothing to get those tokens. At a minimum, options should be given such that those who invested minimal into the protocol are not just getting free tokens (effectively a refund) for throwing in $5-$10 - an instant 100% cashback, plus, the future value of the tokens they purchased if they are ever sellable in the future and/or staking rewards, or any sort of monetary incentive that voters/holders will receive.
Example RCV Option:
Option 1: No limit on who receives the airdrop. (Most open)
Option 2: Minimum required investment - $50 calculated @ 0.015 price)
Option 3: Minimum required investment - $100 calculated @ 0.015 price)
Option 4: Minimum required investment - ($1000 calculated @ 0.015 price) (Most restrictive)
Option 5: No vote - Disagree with the proposal (the airdrop all-together).
Option 6: Abstain.
Open to thoughts and feedback. We are discussing this the unofficial World Liberty Financial Discord server, which can be found here: World Liberty Financial Community