Increase to Governance Proposals - Proposal 5

[BigPoppa]

Governance Proposal 5:

Please read the general introduction here

To our Syscoin Community, Holders, and Supporters, Recently we celebrated Syscoin’s 7th birthday. We are one of the few mature projects that are still innovating and thriving. We are on the verge of releasing the first phase of the game-changing NEVM. This will combine the best of both worlds; Bitcoin-secured EVM smart contracts, along with a roadmap to unprecedented scaling using leading-edge innovations like rollups and Validium. Through the dedication and smart work of all the teams and com…

We propose the following;
100 million SYS upfront (65 million SYS for integration/marketing/general fund, 35 million for VC fund). Governance schedule remains as-is, currently at 151,767 per superblock and deflating 5% each year; 28.4 million SYS over 30 years. The purpose of this in large part relates to the eventuality of a bear market at some point. This provides the bulk of funds upfront rather than have a noticeable degree of inflation occurring in the midst of an eventual market-wide bear.

Voting For This Proposal

To vote in support of this proposal:

• Vote in Syscoin-Qt
  • Open Syscoin-Qt
  • Select Tools > Console from the top menu
  • Copy and paste the following command onto one line, and hit enter:

Vote YES
gobject_vote_many 802242748dfa0aab9d2ac3574c5455aad5f9fad576553e6ae99fee8f77735778 funding yes

Vote NO
gobject_vote_many 802242748dfa0aab9d2ac3574c5455aad5f9fad576553e6ae99fee8f77735778 funding no