This proposal aims to provide additional incentives for long-term holders and collectors of Rug Radio Genesis NFTs, beyond the token yield period. By rewarding complete set holders with lifetime utility and exclusive access to a dedicated Discord channel, we intend to foster a deeper collector mindset, encourage trading, and strengthen community engagement.

Objectives

• Incentivize long-term holding of Genesis Rug NFTs beyond the token yield period.

• Encourage a collector mindset and gamification layer for Rug Radio Genesis NFT holders.

• Establish an exclusive Discord channel for complete set holders to engage in focused discussions.

• Promote an environment of trading and collecting, allowing assets to change hands in pursuit of complete sets.

This proposal will require the development of smart contracts, including snapshots and claim availability, in coordination with Syndicate. The Rug DAO Treasury will fund the work and the claimed $RUG tokens. The proposal's launch is estimated to occur 3-6 months after the snapshot vote approval. The claiming process will be integrated into the existing Syndicate Rug Token Claim site, allowing holders to claim their rewards without staking requirements.

The voting period closes on April 24 at 3:44pm ET (8:44pm UTC).

FAQ

How do I vote?

Click "Let's Vote!" > Connect your wallet in the top right corner > Read through the proposal > Submit your vote > Sign the message presented by your wallet and you're all set!

I have $RDAO, but can't vote?

Snapshot works by taking a snapshot of $RDAO holders at a particular time.

In order to be eligible to vote for this proposal, you must have been holding $RDAO in your wallet before April 17 at 3:44pm EST (8:44pm UTC).

How do I claim $RDAO tokens?

You can claim and exchange $RUG for $RDAO on the Syndicate claim site.