Dear DOTAers,
Currently, the core community is discussing migrating DOTA to the Polkadot Asset Hub to facilitate DEX trading and future cross-chain interactions with the Runes chain. Mapping DOTA to the asset chain will also facilitate integration with exchanges, including the issuance of USDT and USDC on the Polkadot chain.
DOTA has already been deployed and tested on the asset chain, and asset mapping and airdrops will be carried out in the near future, incurring certain costs. During the development phase of DOTA, there have also been server and outsourcing costs, and it is hoped that this mapping will solve historical issues in one go.
Airdrop Proposal:
When the community is ready, take a snapshot of user balances for airdrop preparation.
Issue a one-time additional 10,107,873,605 DOTA tokens, bringing the total supply to 220 billion tokens, with 4.59% of the additional issuance going into the project treasury. This will be used to reimburse airdrop fees, server and outsourcing costs, exchange market cooperation, and other expenses.
Treasury expenditures include:
1 Server maintenance costs of 3000 USDT.
2 Airdrop expenses (to be determined, not exceeding 0.02 DOTA per address).
3 Index development and DB outsourcing costs totaling 5600 USDT.
4 CEX partnership airdrops (to be determined).
The remaining funds will be decided by community discussion. The multi-signature address is currently managed by the development team and community donors, using a 6/9 multi-signature scheme, with the address: 15ZZzNB9aW2Dgk6fuQVq9w6FpnEHzVqpvKHz5QzfvqYvYgTK.
Let’s discuss together.
The final solution will be confirmed within 72 hours.
Best regards