Agenda:

• Tokenomics Roadmap

• Discussion Items

  • Bank Utility

    • Social relationships
      • Create Influencer Branding Agreements that increase the demand for bank token over time.
      • Encourage startup culture with proper value proposition to bankless DAO
    • Tokenomics
      • Burning? Send back to DAO multisig?
      • Social EIP-1559: Bank buy-back to a certain threshold from projects that use the bankless brand. Secondary Challenge(iced):If you have to buy back in usd value, may it be unfair?
      • Lock up roll holder tokens to be distributed at the end of the season.
      • Unused tokens to liquidity pool until needed.
      • Connect with Projects & services that are unlocked with certain amount of BANK
        • (Iced)-New services with levels of BANK.
      • Introduce more DeFi products to add Bank utility
      • Long term onramp to the Bank ecosystem eg BANK/ETH/xBank pools.
      • Add Bank buy pressure or theoretical net 0 pressure by buying back BANK.
    • Services
      • For non-profit dependant on the “service” they provide, what intangible assets do they have/will they provide
      • Work with projects that can offer more than 35K BANK (increase L1 members)
      • Provide folks with Tokenomics and Systems Design Education & Education on Worker Cooperative Models.
      • Teach folks how to use and accumulate non-bank tokens.
      • Create an internal “LinkedIn'' that is only accessible via locking BANK. Higher level members (if stratified) make some personal commitment to help think about networking (or we just have gated networking events).
        • The linked in platform actually provides professional networking services. and makes suggestions based on the activity of the Linked In users.
      • Become incubator
    • Market/financial
      • For funding request proposal
        • How about founders/champs own a certain amount of Bank before proposal can can be dropped?
      • Apply for a Bond for a proposal and the bond gets refunded if the proposal goes through. Might the bond be refunded with interest if it succeeds?
      • Ask projects to keep X% of all assets kept in their treasury as BANK.
      • Create redeemable physical purchases that can be purchased with BANK. For example, a gas card that defines a physical amount of gas payable in BANK.
      • Advertise and give 3rd parties permission to fund guilds directly either in an earmarked fashion or general fashion.
      • Org units volunteer to pay for grants emissions, rather than GC pay emissions.
      • Advertise and give permission that 3rd parties can participate in the grants process. Need to be clear this is either in replacement of GC funds (reducing Treasury emissions because it is paid from circulating supply) or in addition to existing funds.
      • Create internal markets for talent a “Bankless First” internal market.
      • Purchase BANK through OTC for Treasury diversification
      • GC specifically prioritizes projects that would onboard off-chain assets into the blockchain ecosystem. That could still be digital (creating art is bringing off-chain creativity on-chain as an NFT) or a “real” (non-digital asset). Centrifuge is doing this in a very regulated manner.
      • Periodic NFT raffles to L1 members (YAY!)
      • Convert a set percentage of revenue share sent to the treasury into BANK buyback
      • Org units pay stables back to the Dao directly.
      • How do we get BANK whales to fund project proposals?
    • Org units pay BANK back to GC to pay for seasonal emissions.
    • I suggest there be a sort of event that gives access only to bank holders. people would want to hold or even buy BANK when there is an undeniable value to it.
    • Form partnerships with projects that can help increase demand for BANK and/or help create more engagement in the bankless ecosystem. BANK utility <> DAOlationships
    • Require Bankless Consulting customers to pay for services in BANK, generating buy pressure
    • Org units purchase BANK as their 10%, and send it back to the DAO.
    • Subdao model - their own token.
      • projects could have own governance token/nft

  • Challenges:

    • BANK = BOTH Governance AND Currency
      • Need to solve this at some point.

Attendance