The snapshot vote passed in favor of launching the RWA Presale. After additional consideration and discussion with @fortunafi , the Index Coop core team would like to amend the presale timeline and adjust the reward schedule; these changes will require a subsequent vote to ratify new presale details.
Initial dates and rewards outlined in the proposal:
Final dates and rewards outlined in the proposal:
The most notable changes are:
- the Presale period will last 30 days instead of 14 days
- the Pre-launch period will last 14 days instead of 30 days
- the Post-launch period will be extended to 120 days instead of 30 days, with PRT rewards “unlocking” every 30 days after the formal launch on August 5th
After a brief comment period, a second snapshot vote will be scheduled in the coming days to implement these changes to the RWA presale.