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We are launching Carthage which will be a new chain, with a genesis block and launch process as close as possible to the mainnet launch. This issue defines how we set the state of the genesis block.
Proposal
The genesis block only initialised a set of account balances, with possible associated vesting, nothing else, and they are set as follows:
Stakeholder
Multisig allowed
Allocation (Hapi & %)
Launch Liquidity [2] (Hapi & %)
Vesting [3] (months)
Current FMs [1]
Yes
Core Team
Yes
Jsgenesis AS [1]
Required
Current Investors
Yes
Rhodes accounts
No
Sudo account
No
This table will contain some rounding errors.
The set of founding members will change on mainnet.
[1] is as of of council period 10 being concluded, should be updated at snapshot block, as time passes, greater and greater share of $JOY is allocated away from Jsgensis and towards FMs.
[2] is the initial % share of corresponding stakeholder's allocation which is immediately transferrable at genesis.
[3] is the number of months it requires for the corresponding stakeholder's allocation to become fully transferrable, not counting the initial launch liquidity. This occurs gradually block by block following a linear schedule.
Background
We are launching
Carthage
which will be a new chain, with a genesis block and launch process as close as possible to the mainnet launch. This issue defines how we set the state of the genesis block.Proposal
The genesis block only initialised a set of account balances, with possible associated vesting, nothing else, and they are set as follows:
┆Issue is synchronized with this Asana task by Unito
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