---
type: source
title: "Futardio: Reward the University of Waterloo Blockchain Club with 1 Million $DEAN Tokens"
author: "futard.io"
url: "https://www.futard.io/proposal/7KkoRGyvzhvzKjxuPHjyxg77a52MeP6axyx7aywpGbdc"
date: 2024-06-08
domain: internet-finance
format: data
status: entity-data
tags: [futardio, metadao, futarchy, solana, governance]
event_type: proposal
---

## Proposal Details
- Project: IslandDAO
- Proposal: Reward the University of Waterloo Blockchain Club with 1 Million $DEAN Tokens
- Status: Passed
- Created: 2024-06-08
- URL: https://www.futard.io/proposal/7KkoRGyvzhvzKjxuPHjyxg77a52MeP6axyx7aywpGbdc
- Description: This proposal aims to allocate 1 million $DEAN tokens to the University of Waterloo Blockchain Club.

## Summary

### 🎯 Key Points  
The proposal seeks to allocate 1 million $DEAN tokens to the University of Waterloo Blockchain Club to enhance collaboration, attract top talent, and increase participation in DAO governance.

### 📊 Impact Analysis  
#### 👥 Stakeholder Impact  
This initiative is expected to engage 200 skilled students, enriching the DAO's talent pool and governance.

#### 📈 Upside Potential  
The proposal anticipates a 5% increase in the DAO's fully diluted valuation, equating to an additional $5,783, with a projected benefit of $4.45 for every dollar spent.

#### 📉 Risk Factors  
If the expected increase in FDV is not achieved, the investment in $DEAN tokens may not yield the anticipated returns, potentially impacting the DAO's financial health.

## Content

## Introduction
This proposal aims to allocate 1 million $DEAN tokens to the University of Waterloo Blockchain Club. The goal is to foster deeper collaboration, attract and incentivize top talent to contribute to our ecosystem and strengthen the overall partnership. This initiative is expected to bring significant benefits, including enhanced collaboration opportunities, access to a skilled talent pool, and increased participation in the DL DAO governance. The tokens will be held in a multi-signature wallet to ensure secure and responsible management.

## Goal

1. Foster Deeper Collaboration: Strengthening the relationship between The Dean's List DAO and the University of Waterloo Blockchain Club to leverage mutual strengths.
2. Attract & Incentivize Top Talent: Encouraging top-tier students to contribute to our ecosystem, bringing in fresh perspectives and innovative solutions.

## Benefits

1. Strengthened Partnership & Potential Collaboration Opportunities: By closely collaborating with a leading blockchain club, we can explore new avenues for joint projects, research, and development.
2. Access to a Skilled Talent Pool: The University of Waterloo Blockchain Club consists of 200 students, many of whom are skilled in blockchain technology and web3 development.
3. Encourage Participation in the DL DAO Governance: Increased engagement from club members will enhance the governance of our DAO, bringing diverse viewpoints and expertise.

## Token Allocation and Value

Token Allocation: 1 million `$DEAN` tokens

Equivalent Value: 1 million `$DEAN` is currently equivalent to 1300 `$USDC`.

Fully Diluted Valuation of The Dean's List DAO: `$115,655`

## Proposal Conditions
For this proposal to pass, the partnership should result in a 5% increase in the TWAP (Time Weighted Average Price) of The Dean's List DAO's FDV. The trading period for this proposal will be 5 days.

## Estimating FDV Increase per Student
### Current Situation

Current FDV: `$115,655`

Required Increase (5%): `$5,783 (5% of $115,655)`

### Potential Impact
With 200 student members actively contributing to the DAO, each student can significantly impact our FDV. The estimation model assumes that these students' increased participation, contribution, and promotion can drive up the FDV by more than the minimum required amount. Here is a simple estimation model:

Total Required Increase: `$5,783`

Number of Students: 200

Average Increase per Student: `$5,783 / 200 = $28.915`

This model suggests that each student needs to contribute to activities that increase the FDV by approximately $28.915. Given the diverse activities they can engage in (such as dApp reviews, testing, promoting on social media, and developing innovative solutions), this target is achievable and likely conservative.

### Benefit per Dollar Spent
Total Investment: 1 million `$DEAN` tokens, equivalent to 1300 `$USDC`

Required FDV Increase: $5,783

To calculate the benefit per dollar spent:

Benefit per Dollar: `$5,783 / $1300 ≈ $4.45`

This indicates that for every dollar spent, we can potentially achieve an increase of approximately $4.45 in the FDV of The Dean's List DAO.

## Justification for Spending 1 Million `$DEAN`

Spending 1 million `$DEAN` tokens is a strategic investment in the future growth and sustainability of The Dean's List DAO. The University of Waterloo Blockchain Club is a reputable organization with a track record of fostering skilled blockchain professionals. By rewarding their members, we are ensuring a steady influx of knowledgeable and motivated individuals into our ecosystem. This collaboration is expected to yield long-term benefits, far exceeding the initial expenditure in terms of increased engagement, enhanced governance, and accelerated development of our projects.

# Conclusion
This proposal to allocate 1 million `$DEAN` tokens to the University of Waterloo Blockchain Club is a strategic move to strengthen our ecosystem by leveraging top talent and fostering deeper collaboration. The estimated FDV increase model shows that the involvement of these students can lead to a substantial rise in our market cap, ensuring that the partnership is mutually beneficial. With an estimated benefit of approximately $4.45 for every dollar spent, this initiative promises significant returns. We urge all DAO members to trade in favor of this proposal to unlock these potential benefits and drive the future growth of The Dean's List DAO.

## Raw Data

- Proposal account: `7KkoRGyvzhvzKjxuPHjyxg77a52MeP6axyx7aywpGbdc`
- Proposal number: 1
- DAO account: `9TKh2yav4WpSNkFV2cLybrWZETBWZBkQ6WB6qV9Nt9dJ`
- Proposer: `HfFi634cyurmVVDr9frwu4MjGLJzz9XbAJz981HdVaNz`
- Autocrat version: 0.3
- Completed: 2024-06-11
- Ended: 2024-06-11
