Implementation of DAO voting proposal #13: pBTC-on-BSC compensation plan

bertani · November 17, 2021, 5:00pm

Implementation of DAO voting proposal #13: NFT Pre-sale participants list and how to complete the Pre-sale

Applications for the NFT Pre-sale have been reviewed.
List of NFT Pre-sale participants: NFT Pre-sale participants list available here

If you are in the “NFT Pre-sale participants list”, it means that your application was successful. You now need to enroll in the compensation plan and send the pBTC-on-BSC payment within 48 hours.

Who is eligible for the NFT Pre-sale: BSC addresses listed in the “NFT Pre-sale participants list” that complete both the enrollment and the pBTC-on-BSC payment within 48 hours.

If you are listed in the “NFT Pre-sale participants list” but fail to complete either the enrollment or the payment or both within 48 hours, you will lose your spot in the NFT Pre-sale which may be granted to the runner up addresses (following the priority rules previously defined).

How to enroll: A dedicated enrollment web-page is available here

The enrollment web-page requires you to send a transaction to cryptographically sign the declaration. Please note this is not the pBTC-on-BSC payment, but rather just a signing transaction.
Once you have enrolled in the compensation plan, you are ready to participate in the NFT Pre-sale payment.

How to participate in the NFT Pre-sale payment: At this stage, you are required to pay for your NFTs by sending the corresponding amount of pBTC-on-BSC tokens. The “NFT Pre-sale participants list” will specify the amount of pBTC-on-BSC tokens your submitted BSC address (the one you had submitted in the application phase) will need to send to complete the pre-sale. Please send the exact amount.

Where to send the payment: 0x434d7b8f0DB80320bf175b071d2931e43156A817
Please send the pBTC-on-BSC payment within 48 hours.

Important note: pBTC-on-BSC tokens received from addresses that are not in the “NFT Pre-sale participants list” or that have not enrolled will not be considered part of the NFT Pre-sale.
Please only send the pBTC-on-BSC amount specified in the “NFT Pre-sale participants list”. Any extra amounts received will not be considered part of the NFT Pre-sale and may result in funds loss.

Transactions recap: You will need to send two transactions, specifically:

one transaction to sign the declaration (this is done via the enrollment platform)
one transaction to send the pBTC-on-BSC tokens you are participating in the NFT Pre-sale with

Both transactions need to be sent within the 48 hours window in order for the NFT Pre-sale allocation to be granted.

NFT Pre-sale closes Friday November 19th, 2021 5pm UTC.

Recap of actions to be taken by Friday November 19th, 2021 5pm UTC:

Addresses		pBTC to be sent
0xb7a5e607c135c541368414026a95253B75DB430f	must sign the declaration and send exactly	0.56	pBTC-on-BSC to 0x434d7b8f0DB80320bf175b071d2931e43156A817
0x2E4e1d1586288eBdbb9FC9FB5d87c51Da573c6d8	must sign the declaration and send exactly	3.34	pBTC-on-BSC to 0x434d7b8f0DB80320bf175b071d2931e43156A817
0x1E297D40a1f3b1F76C5C99F6C4B4F4E6De1f7075	must sign the declaration and send exactly	2.86	pBTC-on-BSC to 0x434d7b8f0DB80320bf175b071d2931e43156A817
0x7cADA4c14d8Bc99B648409D0f9d1d87eA79a4D29	must sign the declaration and send exactly	0.4	pBTC-on-BSC to 0x434d7b8f0DB80320bf175b071d2931e43156A817
0xE3EC898C04EBf1b95b82de6340fD208771679812	must sign the declaration and send exactly	0.45	pBTC-on-BSC to 0x434d7b8f0DB80320bf175b071d2931e43156A817
0xf2037dC207AAB54144c66b3Fe53dE2F6E99240F0	must sign the declaration and send exactly	0.1	pBTC-on-BSC to 0x434d7b8f0DB80320bf175b071d2931e43156A817
0x03EB4341ED822a037298710B3001438D9b66570a	must sign the declaration and send exactly	0.2	pBTC-on-BSC to 0x434d7b8f0DB80320bf175b071d2931e43156A817
0x8971339ec48877b0372aB9B46E63A424D5c1182C	must sign the declaration and send exactly	4.34	pBTC-on-BSC to 0x434d7b8f0DB80320bf175b071d2931e43156A817
0x2880a6bb2cD1DF6E03dC8BbFBEd009DE586c2603	must sign the declaration and send exactly	0.39	pBTC-on-BSC to 0x434d7b8f0DB80320bf175b071d2931e43156A817
0x275Ea8FF7B694C27d95788B0ebEF3D7A06039916	must sign the declaration and send exactly	1	pBTC-on-BSC to 0x434d7b8f0DB80320bf175b071d2931e43156A817
0x3bfa6f50a67e775a5ff206ac7f2d5ebebb340d7f	must sign the declaration and send exactly	0.05	pBTC-on-BSC to 0x434d7b8f0DB80320bf175b071d2931e43156A817
0xCD662df92C282891c92a2a76396c52CC214Ce449	must sign the declaration and send exactly	0.04	pBTC-on-BSC to 0x434d7b8f0DB80320bf175b071d2931e43156A817
0x3dAC176054460E9d78912873f33b96F1a818a465	must sign the declaration and send exactly	0.1	pBTC-on-BSC to 0x434d7b8f0DB80320bf175b071d2931e43156A817
0xec7C185054F422333884E23521DefC5731Fb4cCD	must sign the declaration and send exactly	4.34	pBTC-on-BSC to 0x434d7b8f0DB80320bf175b071d2931e43156A817
0x7116c3FD66b20e35d177a2F56507f2D4cBdfA4ba	must sign the declaration and send exactly	4.34	pBTC-on-BSC to 0x434d7b8f0DB80320bf175b071d2931e43156A817
0x9DCf2C97D88Bb1e69fF6aDCAC15F2A2Acc7C9070	must sign the declaration and send exactly	0.34	pBTC-on-BSC to 0x434d7b8f0DB80320bf175b071d2931e43156A817
0xa9eAEF87c01B4C46a691862c7Ba94401394B8B9c	must sign the declaration and send exactly	0.09	pBTC-on-BSC to 0x434d7b8f0DB80320bf175b071d2931e43156A817
0x8ca867eD1778939Faf556812c5e80F36B9693901	must sign the declaration and send exactly	0.66	pBTC-on-BSC to 0x434d7b8f0DB80320bf175b071d2931e43156A817
0x660a673a81Ef0e9905604787FCEF2936BC4AbEaA	must sign the declaration and send exactly	0.03	pBTC-on-BSC to 0x434d7b8f0DB80320bf175b071d2931e43156A817
0xa379A4c645FB06d749FeA6ecF4eB6Ca75670DE6b	must sign the declaration and send exactly	1.54	pBTC-on-BSC to 0x434d7b8f0DB80320bf175b071d2931e43156A817
0x9731803bD5Ff958A396f9Ac748410E7ea5794e28	must sign the declaration and send exactly	0.5	pBTC-on-BSC to 0x434d7b8f0DB80320bf175b071d2931e43156A817
0x033712F9489e2531B77c714D6c24873ecc87f775	must sign the declaration and send exactly	1.42	pBTC-on-BSC to 0x434d7b8f0DB80320bf175b071d2931e43156A817
0xF991Ea214bdd5dad8333bCE9d994926fA86AD11c	must sign the declaration and send exactly	0.22	pBTC-on-BSC to 0x434d7b8f0DB80320bf175b071d2931e43156A817
0x7367c4Fefae8633e07E80CE64fe1b19d52184640	must sign the declaration and send exactly	2.1	pBTC-on-BSC to 0x434d7b8f0DB80320bf175b071d2931e43156A817
0x345E3F10387C135B0A4441695fF34952CE7B7054	must sign the declaration and send exactly	0.42	pBTC-on-BSC to 0x434d7b8f0DB80320bf175b071d2931e43156A817
0x4BAd2833c44424423518194F07C4917BE28D7363	must sign the declaration and send exactly	0.17	pBTC-on-BSC to 0x434d7b8f0DB80320bf175b071d2931e43156A817

Please note that:

because the pre-sale was oversubscribed, the anti-sniping rules were applied. This means that addresses that were part of Step 0 got priority over other addresses for the amount of pBTC (or pBTC normalized amount of BTCEPS) held at Step 0 (capped at a maximum of 4.34 pBTC-on-BSC)
because the capping of the Pre-sale is 3000 NFTs, the last address making it into the list was assigned an amount of NFTs capped at the 3000 maximum

For more details, please refer to the NFT Pre-sale participants list here.

bertani · November 22, 2021, 5:47pm

Implementation of DAO voting proposal #13: NFT Pre-sale confirmed participants list and 2nd round participants

Enrollment and payment for the NFT Pre-sale have been reviewed.
List of NFT Pre-sale confirmed participants: NFT Pre-sale confirmed participants list available here

If you are in the “NFT Pre-sale confirmed participants list”, it means that you have successfully applied, enrolled and sent the relevant amount of pBTC-on-BSC tokens for the claim. You are now part of the pre-sale NFT drop.

If you were on the “NFT Pre-sale participants list” but are not in the “NFT Pre-sale confirmed participants list” you are not eligible to receive the NFTs as you have either not enrolled or paid within the given time frame.

Pre-sale NFT drop

Who is eligible: BSC addresses in the “NFT Pre-sale confirmed participants list”.

How to participate: Eligible BSC addresses will receive their relevant NFTs (based on the amount of pBTC-on-BSC they have joined the pre-sale with). These NFTs will be time-locked as NFTs (more details on the NFT Sale and reveal to follow), but can be potentially redeemed for the contained PNTs straight away. You can decide whether to extract the full potential of the NFTs (EidooCard airdrop + “upside” references within the compensation plan) or to redeem the contained PNTs.

2nd round NFT Pre-sale participants

Important: Due to one address not completing the Pre-sale, 39 Pre-sale NFTs are being reallocated to the next in line NFT Pre-sale application addresses (following the same NFT Pre-sale application rules).

Who is eligible: 2nd round NFT Pre-sale participants list

How to participate: If you are in the 2nd round NFT Pre-sale participants list, it means that your application was successful (due to one address in the 1st round not completing the pre-sale, you are now an eligible participant). You now need to enroll in the compensation plan and send the pBTC-on-BSC payment within 48 hours.

How to enroll: A dedicated enrollment web-page is available here

The enrollment web-page requires you to send a transaction to cryptographically sign the declaration. Please note this is not the pBTC-on-BSC payment, but rather just a signing transaction.

Once you have enrolled in the compensation plan, you are ready to participate in the NFT Pre-sale payment.

How to participate in the NFT Pre-sale payment: At this stage, you are required to pay for your NFTs by sending the corresponding amount of pBTC-on-BSC tokens. The “2nd round NFT Pre-sale participants list” specifies the amount of pBTC-on-BSC tokens your submitted BSC address (the one you had submitted in the application phase) will need to send to complete the pre-sale. Please send the exact amount.

Where to send the payment: 0x434d7b8f0DB80320bf175b071d2931e43156A817
Please send the pBTC-on-BSC payment within 48 hours.

The same rules of the 1st round apply.

bertani · November 22, 2021, 6:21pm

Implementation of DAO voting proposal #13: Step 2 start

Who is eligible: pBTC-on-BSC holders

How to participate: pBTC-on-BSC holders willing to participate in the claims for Step 2 need to enroll in the compensation plan and claim Step 2 compensation.

Enrollment

The enrollment page is available starting today (November 22nd, 2021).

How to enroll: A dedicated enrollment web-page is available here

The enrollment web-page requires you to send a transaction to cryptographically sign the declaration. Please note this is not the claim of Step 2, but rather just a signing transaction.

Once you have enrolled in the compensation plan, you are ready to participate in the Step 2 claims.

Please note that if you fail to enroll you will not be eligible to proceed claiming the compensation of the above-mentioned step. The enrollment platform will be open for 10 months.

One-off enrollment: You are required to enroll only the first time you claim. If you have already enrolled as part of the NFT Pre-sale, there is no need for you to enroll again. If you haven’t enrolled yet, this enrollment will be valid for Claim 2.1 as well as future claims.

Step 2 compensation

The compensation amount of Step 2 is distributed over 10 non-consecutive months (it may be completed at an earlier date if the pNetwork DAO deems the market conditions appropriate for bigger repayments or it may be completed at a later date if the PNT downtrend protection mechanism kicks in) and it is claimable in multiple tranches.

What is Claim 2.1: The first distribution of Step 2 is referred to as Step 2, Claim 1 (in short, “Claim 2.1”).

What is Snapshot 2.1: A snapshot of the addresses holding pBTC-on-BSC will be taken before each Step 2 distribution. The snapshot for the first distribution is referred to as Step 2, Snapshot 1 (in short, “Snapshot 2.1”).

Who is eligible for Claim 2.1: pBTC-on-BSC holders that are part of Snapshot 2.1 and that have enrolled. Each address is eligible with an amount proportional to the address’s pBTC-on-BSC holdings at the time of Snapshot 2.1

Snapshot 2.1

Snapshot 2.1 will be taken Tuesday November 23rd, 2021 at 5pm UTC.

How to participate in Snapshot 2.1: To be part of Snapshot 2.1 your address must hold pBTC-on-BSC when the snapshot is taken.
Each address is eligible for Claim 2.1 based on their pBTC-on-BSC holdings at Snapshot 2.1. If an address doesn’t hold pBTC-on-BSC at Snapshot 2.1 that is not eligible for Claim 2.1.
For example, if an address holds 3 pBTCEPS at Snapshot 2.1 and 0 pBTC-on-BSC, the address is eligible for 0 pBTC-on-BSC.

Important note for Ellipsis LP: If you hold pBTC-on-BSC tokens within the Ellipsis pool, please remove them from the Ellipsis pool for the time of the Snapshot 2.1. If you hold pBTCEPS (as in, pBTC-on-BSC tokens within the Ellipsis pool), these will not be considered in the snapshot.

Claim 2.1

Who is eligible for Claim 2.1: pBTC-on-BSC holders that are part of Snapshot 2.1 and that have enrolled. Each address is eligible with an amount proportional to the address’s pBTC-on-BSC holdings at the time of Snapshot 2.1

How to claim for Claim 2.1: If you have enrolled in the compensation plan and you were in Snapshot 2.1, it means you are now ready to participate in Step 2 and claim your first tranche. A “Snapshot 2.1 participants list” will be published on Wednesday November 24th, 2021 with the list of addresses and pBTC-on-BSC amount eligible for Claim 2.1.
At this stage, you are required to claim your Claim 2.1 by sending your elibigle amount of pBTC-on-BSC tokens to a dedicated address. When sending the pBTC-on-BSC, you will receive the corresponding amount of PNT on your address.

Should any PNT tokens be left unclaimed, these will be sent to the pNetwork DAO Treasury.

You will be able to claim your tokens for Claim 2.1 starting Wednesday November 24th, 2021 at 5pm UTC.

Actions recap. pBTC-on-BSC holders need to:

enroll in the compensation plan (one-off, valid for future claims as well). This involves sending a transaction - this is just for signing and it is not the transaction through which you send pBTC-on-BSC.
hold pBTC-on-BSC at 5pm UTC on Tuesday November 23rd, 2021 to be part of the Snapshot 2.1
send a transaction to a dedicated address with the amount of pBTC-on-BSC eligible for Claim 2.1 (the relevant address will be shared along with the Snapshot 2.1 participants list).

bertani · November 24, 2021, 6:02pm

Implementation of DAO voting proposal #13: Step 2, Claim 1

Snapshot 2.1 participants list: Snapshot 2.1 participants list available here

Who is eligible for Claim 2.1: pBTC-on-BSC holders that both

are part of Snapshot 2.1
have enrolled

Each address is eligible with an amount proportional to the address’s pBTC-on-BSC holdings at the time of Snapshot 2.1

Enrollment: If you haven’t enrolled yet, please see previous posts for the instructions on how to enroll.

How to claim for Claim 2.1: To claim for Claim 2.1 please send a transaction to the dedicated address with the amount of pBTC-on-BSC eligible for Claim 2.1 - the amount of pBTC-on-BSC each address is eligible for is specified on the “Snapshot 2.1 participants list”.

When sending pBTC-on-BSC to the dedicated address, you will receive the corresponding amount of PNT on your address.

Where to send pBTC-on-BSC: 0x3e78b88355681344DCaB123B4F9291577D7b1cD3

How many pBTC-on-BSC to send: The amount each address is eligible for is specified on the Snapshot 2.1 participants list

Additional note: If your address is not included in the Snapshot 2.1 participants list, it means that you are not eligible for Claim 2.1. Please remember you need to hold pBTC-on-BSC at the time of the snapshot to be part of the snapshot list.

Even if you are not eligible for Claim 2.1, you can still participate in future claims and recoup the value due through those.

Amount recouped via Claim 2.1: $ 540,000 (method of payment: PNT tokens)

How to use PNT tokens in DeFi: PNT is available on multiple blockchains and it can be leveraged within the DeFi ecosystem, for example:

Liquidity mining initiatives are active for PNT on various platforms (including Uniswap and Quickswap)
PNT is the governance token of pNetwork, it can be staked in the pNetwork DAO or used to run a node and benefit from ecosystem rewards
Lending platforms supporting PNT are available across blockchains
PNT is the utility token of pNetwork, it can be used to access the DeFi debit card powered by Eidoo and benefit from crypto cashback

bertani · December 1, 2021, 2:07pm

Implementation of DAO voting proposal #13: Pre-sale NFT drop

The NFT drop for Pre-sale participants started yesterday is now complete. 3,000 NFTs have been distributed to NFT Pre-sale confirmed participants.

NFT token contract: Yolo Parrots (YPTS) Token Tracker | BscScan

How to be part of the NFT-based project: An invite-only channel has been created on the official Discord server dedicated to Pre-sale participants. If you are interested in knowing more about the NFT-based project & in discussing with fellow pre-sale participants, join here: Yolo DAO . Joining is not mandatory and is entirely optional. All future communications regarding the compensation plan aspects will still continue on the usual channels.

Edit: Once you joined the discord, ask for the invite to the pre-sale channel to one of the mods. Thank you!

How to learn more about the NFT and the project around it: This is a unique NFT Collection underpinned by 4 different economic principles, each with its own source of value creation. While the first element is already revealed (hard floor price), the others are still hidden and will be gradually revealed to the community before the public sale.
Community on Discord: Discord
Website: https://parrots.yolo.game/

Artwork: The NFTs currently display the NFT Collection Cover. The original artworks will be revealed in the coming days.

ERC721 token: Technically speaking, these NFTs are standard ERC721 tokens. Please note ERC721 tokens are not ERC20 tokens. This means, for example, that the NFTs need to be transferred as ERC721 tokens (and not as ERC20 tokens). There are plenty of guides on how to transfer ERC721 tokens with all of the major wallets so if you don’t know how to do it please look for tutorials online.

Important note: As per compensation plan, transfers for Pre-sale NFTs are temporarily disabled until 1 week after the last phase of the sale. An exception to this is the transfer to the Burner smart contract to burn (destroy, making the others scarcer) the NFT and access the PNT tokens inside it. So anyone who wants to give up the presale NFT for the underlying PNTs can do it already, by simply sending the erc721 tokens to the special burner address 0x481456edabd5b34951057a606a070eca73fb311a (within the transfer transaction the NFT will be burned and the PNT tokens will be released automatically).

bertani · December 16, 2021, 4:07pm

Proposal for pBTC-on-BSC holders: Should pBTC-on-BSC-v1 be accepted as payment method for the Early-bird NFT Sale on BSC?

Vote on Snapshot: Snapshot

bertani · December 28, 2021, 8:46am

Status update: Step 2 / Claim 2.2

If you haven’t enrolled yet, details on how to participate in the compensation plan Step 2 are available on the forum: Implementation of DAO voting proposal #13: pBTC-on-BSC compensation plan - #3 by bertani

The Claim 2.2 is happening this week.

Note that a snapshot (Snapshot 2.2) for Claim 2.2 will be taken December 28th, 2021 at 5pm UTC.

bertani · December 29, 2021, 4:09pm

Claim 2.2

pBTC-on-BSC holders are now able to claim for Step 2, Claim 2. BSC address where to send pBTC-on-BSC-v1 for Claim 2.2:

0x193d49f057a5eec53633a385181a9674d67284c4

Actions recap . pBTC-on-BSC holders need to:

enroll in the compensation plan (one-off, valid for future claims as well). This involves sending a transaction - this is just for signing and it is not the transaction through which you send pBTC-on-BSC. If you already enrolled to join previous steps, there’s no need to do it again.
send a transaction to a dedicated address (BSC address above) with the amount of pBTC-on-BSC eligible for Claim 2.2 - you are eligible for this if you are in the snapshot list (below) and you have enrolled

Claim 2.2 works similarly to the previous one ( Implementation of DAO voting proposal #13: pBTC-on-BSC compensation plan - #4 by bertani )

Snapshot 2.2 participants list : Snapshot 2.2 participants list - Public - Google Sheets

bertani · January 28, 2022, 6:45pm

Claim 2.3

pBTC-on-BSC holders are now able to claim for Step 2, Claim 3. BSC address where to send pBTC-on-BSC-v1 for Claim 2.3:

0x43E7083701eeB066B42316Ac3C5fe62e26750C41

Actions recap . pBTC-on-BSC holders need to:

enroll in the compensation plan (one-off, valid for future claims as well). This involves sending a transaction - this is just for signing and it is not the transaction through which you send pBTC-on-BSC. If you already enrolled to join previous steps, there’s no need to do it again.
send a transaction to a dedicated address (BSC address above) with the amount of pBTC-on-BSC eligible for Claim 2.3 - you are eligible for this if you are in the snapshot list (below) and you have enrolled

Claim 2.3 works similarly to the previous ones ( Implementation of DAO voting proposal #13: pBTC-on-BSC compensation plan - #4 by bertani )

Snapshot 2.3 participants list : Snapshot 2.3 participants list - Public - Google Sheets

bertani · April 27, 2022, 3:40pm

Snapshot for the following “fast-track repayment” distributions: Claim-2.4-FT, Claim-2.5-FT and Claim-2.6-FT

The proposal for pBTC-on-BSC-v1 holders has passed (reference: Snapshot ). Therefore, this implementation is to change the PNT downtrend protection mechanism so as to enable for an optional “fast-track repayment” to be added.

What is the “fast-track repayment” option: The “fast-track repayment” option enables the monthly repayments to continue even when the average price of PNT is below the floor price of $ 0.80. In these cases, the PNT price considered for the monthly repayments is fixed to $ 0.80. pBTC-on-BSC-v1 holders have the option to choose whether to join the “fast-track repayment” (accepting the $ 0.80/PNT price assumption) or to continue with the standard repayment.

See details of the “fast-track repayment” option: Should the PNT downtrend protection mechanism stop affecting those who agree to receive PNT valued at 0.80 USD (fast-track)?

What are Claim-2.4-FT, Claim-2.5-FT and Claim-2.6-FT: The first “fast-track repayment” distribution related to Claim 2.4 (Step 2, Claim 4), Claim 2.5 and Claim 2.6

What is the Snapshot for Claim-2.4-FT, Claim-2.5-FT and Claim-2.6-FT: A snapshot of the addresses holding pBTC-on-BSC-v1 will be taken before each Step 2 distribution.

Who is eligible for Claims 2.4-FT, 2.5-FT and 2.6-FT: pBTC-on-BSC-v1 holders that are part of this Snapshot and that have enrolled. Each address is eligible with an amount proportional to the address’s pBTC-on-BSC-v1 holdings at the time of this Snapshot.

IMPORTANT: If any PNT remains unclaimed after 1 month, the undistributed PNTs go back to the DAO, and the eligible users who have not opted in for the “fast-track repayment” do automatically default to the standard non-fast-track option.

IMPORTANT: If you don’t accept the price assumption of $0.80, don’t claim from the fast-track (FT) claims; you can stick to the standard repayment option as per the original compensation plan. More details on the standard and “fast-track” options: Should the PNT downtrend protection mechanism stop affecting those who agree to receive PNT valued at 0.80 USD (fast-track)?

Snapshot for Claim-2.4-FT, Claim-2.5-FT and Claim-2.6-FT

This Snapshot will be taken Thursday April 28th,2022 at 4pm UTC.

How to participate in the Snapshot for Claim-2.4-FT, Claim-2.5-FT and Claim-2.6-FT: To be part of this Snapshot your address must hold pBTC-on-BSC-v1 when the snapshot is taken.

Each address is eligible for Claims 2.4 FT, 2.5 FT and 2.6 FT based on their pBTC-on-BSC-v1 holdings at the Snapshot time. If an address doesn’t hold pBTC-on-BSC-v1 at the Snapshot time that is not eligible for Claims-2.4-FT, 2.5-FT and 2.6-FT.

The Snapshot for Claim-2.4-FT, Claim-2.5-FT and Claim-2.6-FT works similarly to the previous ones ( Implementation of DAO voting proposal #13: pBTC-on-BSC compensation plan - #9 by bertani )

bertani · April 29, 2022, 1:58pm

Claim-2.4-FT and Claim-2.5-FT

pBTC-on-BSC holders are now able to claim for Step 2, Claim 4 fast-track and Claim 5 fast-tracK. BSC addresses where to send pBTC-on-BSC-v1 for:

Claim 2.4-FT

0x2741ecb3ecea21fc52b5ad7011cbf87f5d59128f

Claim 2.5-FT

0x6ed68fDD39685bd1Dd64D4742cC8de97F01e1eF1

Actions recap . pBTC-on-BSC holders need to:

enroll in the compensation plan (one-off, valid for future claims as well). This involves sending a transaction - this is just for signing and it is not the transaction through which you send pBTC-on-BSC. If you already enrolled to join previous steps, there’s no need to do it again.
send a transaction to a dedicated address (BSC address above) with the amount of pBTC-on-BSC eligible for Claim-2.4-FT and Claim-2.5-FT - you are eligible for this if you are in the snapshot list (below) and you have enrolled.

Snapshot for Claim-2.4-FT, Claim 2.5-FT and Claim-2.6-FT participants list: Snapshot 2.4-FT, 2.5-FT, 2.6-FT participants list - Public - Google Sheets

Given both the PNT price assumption and the Snapshot match, the amount of pBTC to send for each claim is identical and matches the one specified in the spreadsheet (so you can send that exact amount of pBTC both for Claim-2.4-FT and Claim-2.5-FT).

These claims are part of the “fast-track repayment” option. The “fast-track repayment” option enables the monthly repayments to continue even when the average price of PNT is below the floor price of $ 0.80. In these cases, the PNT price considered for the monthly repayments is fixed to $ 0.80. pBTC-on-BSC-v1 holders have the option to choose whether to join the “fast-track repayment” (accepting the $ 0.80/PNT price assumption) or to continue with the standard repayment.

IMPORTANT: If you want to participate in the “fast-track repayment” option for the above-mentioned claims, you need to proceed with the above actions to claim PNTs within 1 month from today. If any PNT remains unclaimed after 1 month, the undistributed PNTs go back to the DAO, and the eligible users who have not opted in for the “fast-track repayment” do automatically default to the standard non-fast-track option.

IMPORTANT: If you don’t accept the price assumption of $0.80, don’t claim from the fast-track (FT) claims; you can stick to the standard repayment option as per the original compensation plan.

Claim-2.6-FT will be available in a few days.

bertani · May 3, 2022, 4:16pm

Step 1: NFT sale for pBTC-on-BSC-v1 holders

What is the NFT sale for pBTC-on-BSC-v1 holders: as per the compensation plan (reference: Aragon), pBTC-on-BSC-v1 holders have the option of purchasing unsold NFTs at the same price of the pre-sale.

Who is eligible: anyone holding pBTC-on-BSC-v1, including new holders

Yolo Parrots NFT Sale details:
0.01 pBTC-on-BSC-v1 per NFT
Payment in pBTC-on-BSC-v1
2,000 NFTs available*
Minted in sequence
First come, first served

*This sale includes a first batch of 2,000 NFTs starting from ID 8000. Additional unsold NFTs will be made available via subsequent batches, details to follow after the sale for batch 1 is live.

How to participate: pBTC-on-BSC holders willing to participate in the NFT Pre-sale need to follow the instructions below:

Send a 0.01 pBTC-on-BSC-v1 payment to the BSC address 0x78bdE6e7C5463876e40fFde6DADa309496fA324e for each NFT you want to mint. You can mint multiple NFTs at a time by sending the payment in multiples of the amounts specified above (no limits!). Example: if you send 1 pBTC-on-BSC-v1, you will mint 100 NFTs.

Important note: if you fail to send a multiple of the specified pBTC-on-BSC-v1 amounts above or if the Sale is sold out, your transaction will automatically fail and the funds sent back to your address. So, the refund is instant and automated.

Instant NFT minting
Receive your Yolo Parrots NFTs

To summarize, each NFT:

Includes 400 PNT (you can burn your NFT at any time and get 400 PNT back)
Holding 10+ Yolo Parrots NFTs lets you run a pNetwork node (to power $1B+ in cross-chain transactions & access rewards)
Will be used in the context of the Hexagons Game (Play to earn)
Bonus point for 1st Yolo Parrots NFT owners: match 10 NFTs to access a DeFi debit card w/ 16% crypto cashback for 1 year via Eidoo.app - more instructions on how to claim this benefit will follow (EidooCARD is running on Ethereum L2, available in the UK & EU)

The NFT rarity for each token ID can be checked at: Rarity Score

Additional notes:

This option is made available via a self-hosted NFT sale as no established NFT marketplace on BSC offers the option to pay using a custom token.
IMPORTANT: This step is opt-in. By joining this step, pBTC-on-BSC-v1 holders accept an NFT price of 0.01 pBTC-on-BSC-v1 per NFT. pBTC-on-BSC-v1 holders can decide to skip this option and only be part of the other steps included in the compensation plan.

bertani · June 27, 2022, 1:03pm

Claim-2.6-FT

pBTC-on-BSC holders are now able to claim for Step 2, Claim 6 fast-track. BSC addresses where to send pBTC-on-BSC-v1:

Claim 2.6-FT

0xf4339886e334645f3c658992d5231125514bbd8e

Actions recap . pBTC-on-BSC holders need to:

enroll in the compensation plan (one-off, valid for future claims as well). This involves sending a transaction - this is just for signing and it is not the transaction through which you send pBTC-on-BSC. If you already enrolled to join previous steps, there’s no need to do it again.
send a transaction to a dedicated address (BSC address above) with the amount of pBTC-on-BSC eligible for Claim-2.6-FT - you are eligible for this if you are in the snapshot list (below) and you have enrolled.

Snapshot for Claim-2.4-FT, Claim 2.5-FT and Claim-2.6-FT participants list: Snapshot 2.4-FT, 2.5-FT, 2.6-FT participants list - Public - Google Sheets

The amount of pBTC to send for the claim is the one specified in the spreadsheet.

This claim is part of the “fast-track repayment” option. The “fast-track repayment” option enables the monthly repayments to continue even when the average price of PNT is below the floor price of $ 0.80. In these cases, the PNT price considered for the monthly repayments is fixed to $ 0.80. pBTC-on-BSC-v1 holders have the option to choose whether to join the “fast-track repayment” (accepting the $ 0.80/PNT price assumption) or to continue with the standard repayment.

IMPORTANT: If you want to participate in the “fast-track repayment” option for the above-mentioned claims, you need to proceed with the above actions to claim PNTs within 1 month from today. If any PNT remains unclaimed after 1 month, the undistributed PNTs go back to the DAO, and the eligible users who have not opted in for the “fast-track repayment” do automatically default to the standard non-fast-track option.

IMPORTANT: If you don’t accept the price assumption of $0.80, don’t claim from the fast-track (FT) claims; you can stick to the standard repayment option as per the original compensation plan.

bertani · June 27, 2022, 1:20pm

Snapshot for the following “fast-track repayment” distributions: Claim-2.7-FT and Claim-2.8-FT

What is the “fast-track repayment” option: The “fast-track repayment” option enables the monthly repayments to continue even when the average price of PNT is below the floor price of $ 0.80. In these cases, the PNT price considered for the monthly repayments is fixed to $ 0.80. pBTC-on-BSC-v1 holders have the option to choose whether to join the “fast-track repayment” (accepting the $ 0.80/PNT price assumption) or to continue with the standard repayment.

See details of the “fast-track repayment” option: Should the PNT downtrend protection mechanism stop affecting those who agree to receive PNT valued at 0.80 USD (fast-track)?

What are Claim-2.7-FT and Claim-2.8-FT: The “fast-track repayment” distribution related to Claim 2.7 (Step 2, Claim 7) and Claim 2.8

What is the Snapshot for Claim-2.7-FT and Claim-2.8-FT: A snapshot of the addresses holding pBTC-on-BSC-v1 will be taken before each Step 2 distribution.

Who is eligible for Claims 2.7-FT and 2.8-FT: pBTC-on-BSC-v1 holders that are part of this Snapshot and that have enrolled. Each address is eligible with an amount proportional to the address’s pBTC-on-BSC-v1 holdings at the time of this Snapshot.

IMPORTANT: If any PNT remains unclaimed after 1 month, the undistributed PNTs go back to the DAO, and the eligible users who have not opted in for the “fast-track repayment” do automatically default to the standard non-fast-track option.

IMPORTANT: If you don’t accept the price assumption of $0.80, don’t claim from the fast-track (FT) claims; you can stick to the standard repayment option as per the original compensation plan. More details on the standard and “fast-track” options: Should the PNT downtrend protection mechanism stop affecting those who agree to receive PNT valued at 0.80 USD (fast-track)?

Snapshot for Claim-2.7-FT and Claim-2.8-FT

This Snapshot will be taken Tuesday June 28th,2022 at 4pm UTC.

How to participate in the Snapshot for Claim-2.7-FT and Claim-2.8-FT: To be part of this Snapshot your address must hold pBTC-on-BSC-v1 when the snapshot is taken.

Each address is eligible for Claims 2.7-FT and 2.8-FT based on their pBTC-on-BSC-v1 holdings at the Snapshot time. If an address doesn’t hold pBTC-on-BSC-v1 at the Snapshot time that is not eligible for Claims-2.7-FT and 2.8-FT.

The Snapshot for Claim-2.7-FT and Claim-2.8-FT works similarly to the previous ones ( Implementation of DAO voting proposal #13: pBTC-on-BSC compensation plan - #9 by bertani ).

bertani · June 30, 2022, 3:22pm

Claim-2.7-FT and 2.8-FT

pBTC-on-BSC holders are now able to claim for Step 2, Claim 7 fast-track and 8 fast-track. BSC addresses where to send pBTC-on-BSC-v1:

Claim 2.7-FT

0x6B8ac0bD920d51a698185f685A618D2d33355E59

Claim 2.8-FT

0xA50d1794683A32520F1Da330598dAC16afBaadF2

Actions recap. pBTC-on-BSC holders need to:

enroll in the compensation plan (one-off, valid for future claims as well). This involves sending a transaction - this is just for signing and it is not the transaction through which you send pBTC-on-BSC. If you already enrolled to join previous steps, there’s no need to do it again.
send a transaction to a dedicated address (BSC address above) with the amount of pBTC-on-BSC eligible for Claim-2.7-FT and Claim 2.8-FT - you are eligible for this if you are in the snapshot list (below) and you have enrolled.

Snapshot for Claim 2.7-FT and Claim-2.8-FT participants list: Snapshot 2.7-FT, 2.8-FT participants list - Public - Google Sheets

The amount of pBTC to send for the claim is the one specified in the spreadsheet.

This claim is part of the “fast-track repayment” option. The “fast-track repayment” option enables the monthly repayments to continue even when the average price of PNT is below the floor price of $ 0.80. In these cases, the PNT price considered for the monthly repayments is fixed to $ 0.80. pBTC-on-BSC-v1 holders have the option to choose whether to join the “fast-track repayment” (accepting the $ 0.80/PNT price assumption) or to continue with the standard repayment.

IMPORTANT: If you want to participate in the “fast-track repayment” option for the above-mentioned claims, you need to proceed with the above actions to claim PNTs within 1 month from today. If any PNT remains unclaimed after 1 month, the undistributed PNTs go back to the DAO, and the eligible users who have not opted in for the “fast-track repayment” do automatically default to the standard non-fast-track option.

IMPORTANT: If you don’t accept the price assumption of $0.80, don’t claim from the fast-track (FT) claims; you can stick to the standard repayment option as per the original compensation plan.

bertani · September 5, 2022, 4:27pm

Snapshot for the following “fast-track repayment” distributions: Claim-2.9-FT and Claim-2.10-FT + Snapshot for Claim 1.1 (Step 1 distribution of proceedings)

What is the “fast-track repayment” option: The “fast-track repayment” option enables the monthly repayments to continue even when the average price of PNT is below the floor price of $ 0.80. In these cases, the PNT price considered for the monthly repayments is fixed to $ 0.80. pBTC-on-BSC-v1 holders have the option to choose whether to join the “fast-track repayment” (accepting the $ 0.80/PNT price assumption) or to continue with the standard repayment.

See details of the “fast-track repayment” option: Should the PNT downtrend protection mechanism stop affecting those who agree to receive PNT valued at 0.80 USD (fast-track)? 3

What are Claim-2.9-FT and Claim-2.10-FT: The “fast-track repayment” distribution related to Claim 2.9 (Step 2, Claim 9) and Claim 2.10

What is Claim 1.1: The distribution of the proceedings collected in BUSD as part of the Step 1 NFT Sale. Note that the proceedings being collected in pBTC-on-BSC-v1 are removed from the pBTC in circulation (hence, they are not to be distributed).

What is the Snapshot for Claim-2.9-FT, Claim-2.10-FT and Claim 1.1: A snapshot of the addresses holding pBTC-on-BSC-v1 will be taken before each Step 2 distribution and before the distribution of the Step 1 proceedings.

Who is eligible for Claims 2.9-FT, 2.10-FT and Claim 1.1: pBTC-on-BSC-v1 holders that are part of this Snapshot and that have enrolled. Each address is eligible with an amount proportional to the address’s pBTC-on-BSC-v1 holdings at the time of this Snapshot.

IMPORTANT: If any PNT remains unclaimed after 1 month, the undistributed PNTs go back to the DAO, and the eligible users who have not opted in for the “fast-track repayment” do automatically default to the standard non-fast-track option.

IMPORTANT: If you don’t accept the price assumption of $0.80, don’t claim from the fast-track (FT) claims; you can stick to the standard repayment option as per the original compensation plan. More details on the standard and “fast-track” options: Should the PNT downtrend protection mechanism stop affecting those who agree to receive PNT valued at 0.80 USD (fast-track)? 3

Snapshot for Claim-2.9-FT, Claim-2.10-FT and Claim 1.1

This Snapshot will be taken Tuesday September 6th,2022 at 4pm UTC.

How to participate in the Snapshot for Claim-2.9-FT, Claim-2.10-FT and Claim 1.1: To be part of this Snapshot your address must hold pBTC-on-BSC-v1 when the snapshot is taken.

Each address is eligible for Claims 2.9-FT, 2.10-FT and Claim 1.1 based on their pBTC-on-BSC-v1 holdings at the Snapshot time. If an address doesn’t hold pBTC-on-BSC-v1 at the Snapshot time that is not eligible for these claims.

The Snapshot for Claim-2.9-FT, Claim-2.10-FT and Claim 1.1 works similarly to the previous ones ( Implementation of DAO voting proposal #13: pBTC-on-BSC compensation plan - #9 by bertani ).

NOTE: This concludes the “fast-track” implementation.

bertani · September 9, 2022, 10:21am

The Eidoo team has announced the distribution of Eidoo Black tokenised vouchers. See their message here: Community discussion: pBTC-on-BSC Compensation plan, Proposal 1 - #63 by EidooTeam

bertani · September 9, 2022, 2:31pm

Claim-2.9-FT and 2.10-FT

pBTC-on-BSC holders are now able to claim for Step 2, Claim 9 fast-track and 10 fast-track. BSC addresses where to send pBTC-on-BSC-v1:

Claim 2.9-FT

0xfc991BE7975ABDAE8084B15CfD7ed868b59D9940

Claim 2.10-FT

0x186Cc24435Be79Eb931767fc13285947256C697a

Actions recap. pBTC-on-BSC holders need to:

enroll in the compensation plan (one-off, valid for future claims as well). This involves sending a transaction - this is just for signing and it is not the transaction through which you send pBTC-on-BSC. If you already enrolled to join previous steps, there’s no need to do it again.
send a transaction to a dedicated address (BSC address above) with the amount of pBTC-on-BSC eligible for Claim-2.9-FT and Claim 2.10-FT - you are eligible for this if you are in the snapshot list (below) and you have enrolled.

Snapshot for Claim 2.9-FT and Claim-2.10-FT participants list: Snapshot 2.9-FT, 2.10-FT participants list - Public - Google Sheets

The amount of pBTC to send for the claim is the one specified in the spreadsheet.

This claim is part of the “fast-track repayment” option. The “fast-track repayment” option enables the monthly repayments to continue even when the average price of PNT is below the floor price of $ 0.80. In these cases, the PNT price considered for the monthly repayments is fixed to $ 0.80. pBTC-on-BSC-v1 holders have the option to choose whether to join the “fast-track repayment” (accepting the $ 0.80/PNT price assumption) or to continue with the standard repayment.

IMPORTANT: If you want to participate in the “fast-track repayment” option for the above-mentioned claims, you need to proceed with the above actions to claim PNTs within 1 month from today. If any PNT remains unclaimed after 1 month, the undistributed PNTs go back to the DAO, and the eligible users who have not opted in for the “fast-track repayment” do automatically default to the standard non-fast-track option.

IMPORTANT: If you don’t accept the price assumption of $0.80, don’t claim from the fast-track (FT) claims; you can stick to the standard repayment option as per the original compensation plan.

bertani · September 12, 2022, 1:32pm

Step 1: NFT sale for pBTC-on-BSC-v1 holders

What is the NFT sale for pBTC-on-BSC-v1 holders: as per the compensation plan (reference: Aragon 7), pBTC-on-BSC-v1 holders have the option of purchasing unsold NFTs at the same price of the pre-sale.

Who is eligible: anyone holding pBTC-on-BSC-v1, including new holders

Yolo Parrots NFT Sale details:

0.01 pBTC-on-BSC-v1 per NFT

Payment in pBTC-on-BSC-v1

All NFTs are now available. You can either mint your NFT (minted in sequence) following the instructions here or receive your NFT from the already-minted ones (4,793 NFTs available) following the instructions below.

Available in sequence. You can see the next token ID that will be released by looking here for the first non-zero output of the contact method (“ids(n)” where n is an incremental number starting from zero).

First come, first served

How to participate: pBTC-on-BSC holders willing to participate in the NFT Sale need to follow the instructions below:

Send a 0.01 pBTC-on-BSC-v1 payment to the BSC address 0x2a45c9b250746e44a5eb9e19c78f65177ffa29ca for each NFT you want to receive. You can access multiple NFTs at a time by sending the payment in multiples of the amounts specified above (no limits!). Example: if you send 1 pBTC-on-BSC-v1, you will receive 100 NFTs.

Important note: if you fail to send a multiple of the specified pBTC-on-BSC-v1 amounts above or if the Sale is sold out, your transaction will automatically fail and the funds sent back to your address. So, the refund is instant and automated.

Instant NFT retrieval
Receive your Yolo Parrots NFTs

As a reminder, each NFT includes 400 PNT that can be redeemed at any time by simply sending the erc721 tokens to the special burner address 0x481456edabd5b34951057a606a070eca73fb311a (within the transfer transaction the NFT will be burned and the PNT tokens will be released automatically).

The NFT rarity for each token ID can be checked at: Rarity Score 12

Additional notes:

This option is made available via a self-hosted NFT sale as no established NFT marketplace on BSC offers the option to pay using a custom token.
IMPORTANT: This step is opt-in. By joining this step, pBTC-on-BSC-v1 holders accept an NFT price of 0.01 pBTC-on-BSC-v1 per NFT. pBTC-on-BSC-v1 holders can decide to skip this option and only be part of the other steps included in the compensation plan.

bertani · September 12, 2022, 1:39pm

Claim 1.1

What is Claim 1.1: The distribution of the proceedings collected and distributed in BUSD as part of the Step 1 NFT Sale. Note that the proceedings being collected in pBTC-on-BSC-v1 are removed from the pBTC in circulation (hence, they are not to be distributed).

pBTC-on-BSC holders are now able to claim for Step 1, Claim 1. BSC address where to send pBTC-on-BSC-v1:

Claim 1.1

0x2a8b52fFfa948bb862A09B29B2058d74cE70F967

Actions recap. pBTC-on-BSC holders need to:

enroll in the compensation plan (one-off, valid for future claims as well). This involves sending a transaction - this is just for signing and it is not the transaction through which you send pBTC-on-BSC. If you already enrolled to join previous steps, there’s no need to do it again.
send a transaction to a dedicated address (BSC address above) with the amount of pBTC-on-BSC eligible for Claim 1.1 - you are eligible for this if you are in the snapshot list (below) and you have enrolled.

Snapshot for Claim 1.1 participants list: Claim 1.1 participants list - Public - Google Sheets

The amount of pBTC to send for the claim is the one specified in the spreadsheet.

Note: The distribution of Claim 1.1 happens in BUSD tokens (FIAT-backed stablecoin).