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Reconfigure Founder Liquidity

Start

Sep 03, 2026, 3:35:01 AM

End

Sep 06, 2026, 3:35:01 AM

TWAP

Sep 04, 2026, 3:35:01 AM

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Market Overview

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AuthorsProph3t (@metaproph3t), David K (@allocateur)
OverviewIf passed, this proposal would:
Authorize the removal of the 18-month cliff on Rip Cars’ performance package (vesting removal)
Authorize a change to the performance package such that before 18 months, a maximum of either $100,000 or 5% of the total package would be allowed to be sold per month
MotivationAs discussed in MetaDAO’s monthly update, to win the app builder segment it’s important that we provide quicker access to liquidity than the current 18-month cliff + 3-month TWAP setup.
At the same time, we want to be thoughtful about keeping incentives aligned between founders, their teams, and investors.
SpecificationToday, the way the performance package works is that you vest it over 18 months, and then post 18 months you can unlock tranches by running a TWAP over 3 months.
Here, no vesting would apply and they would be given the full performance package on day 1 post 3-month TWAP based performance unlocks.
The performance package would be linked to the AMM s.t. it can’t sell more than $100,000 on a rolling 30 day basis. It would also prevent selling more than 5% of the performance package on a 30 day basis, equivalent here to 645K tokens. These constraints would apply for 18 months.
ExamplesExample #1 - $12M outcomeIf Rip Cars becomes worth $12M over 3 months, which would be a 18.6x from ICO, the performance package would unlock 4 out of 5 of its tranches, equivalent to 10.3M tokens or ~$4.8M worth of tokens.
5% of the package is $300k, so assuming the price stays stable they would be limited by the $100k constraint until 18 months to sell (1.6% of the package per month).
Example #2 - $1.3M outcomeIf Rip Cars becomes worth $1.3M over 3 months, which would be a ~2x from ICO, the performance package would unlock 1 out of 5 of its tranches, equivalent to 2.58M tokens or $130k worth of tokens.
In this case, assuming the price stays stable before the 18 months they’d be constrained by the 5% limit to sell $32.5k of tokens per month.

Authors

Proph3t (@metaproph3t), David K (@allocateur)

Overview

If passed, this proposal would:

Authorize the removal of the 18-month cliff on Rip Cars’ performance package (vesting removal)
Authorize a change to the performance package such that before 18 months, a maximum of either $100,000 or 5% of the total package would be allowed to be sold per month

Motivation

As discussed in MetaDAO’s monthly update, to win the app builder segment it’s important that we provide quicker access to liquidity than the current 18-month cliff + 3-month TWAP setup.

At the same time, we want to be thoughtful about keeping incentives aligned between founders, their teams, and investors.

Specification

Today, the way the performance package works is that you vest it over 18 months, and then post 18 months you can unlock tranches by running a TWAP over 3 months.

Here, no vesting would apply and they would be given the full performance package on day 1 post 3-month TWAP based performance unlocks.

The performance package would be linked to the AMM s.t. it can’t sell more than $100,000 on a rolling 30 day basis. It would also prevent selling more than 5% of the performance package on a 30 day basis, equivalent here to 645K tokens. These constraints would apply for 18 months.

Examples

Example #1 - $12M outcome

If Rip Cars becomes worth $12M over 3 months, which would be a 18.6x from ICO, the performance package would unlock 4 out of 5 of its tranches, equivalent to 10.3M tokens or ~$4.8M worth of tokens.

5% of the package is $300k, so assuming the price stays stable they would be limited by the $100k constraint until 18 months to sell (1.6% of the package per month).

Example #2 - $1.3M outcome

If Rip Cars becomes worth $1.3M over 3 months, which would be a ~2x from ICO, the performance package would unlock 1 out of 5 of its tranches, equivalent to 2.58M tokens or $130k worth of tokens.

In this case, assuming the price stays stable before the 18 months they’d be constrained by the 5% limit to sell $32.5k of tokens per month.