28 lines
No EOL
2 KiB
Markdown
28 lines
No EOL
2 KiB
Markdown
# SOLO DP-00002: Restricted SOLO Incentives Reserve
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**Status:** Draft (proposal memorandum; to be voted)
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**Version:** 1.0.2
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**Tabled:** 2026-03-13
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**Source:** futard.io
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## Summary
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This proposal authorizes the DAO to acquire SOLO using treasury funds and to hold all acquired SOLO in a segregated Restricted SOLO Incentives Reserve.
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The purpose of this reserve is to provide a credible, prefunded path for future SOLO backed incentive programs intended to reward participation, deepen alignment, and support long term ecosystem growth. This includes, without limitation, the future pips program and any substantially similar successor or related participation based framework later approved by governance.
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This proposal earmarks that purpose now so that participants can have confidence that SOLO backing has been set aside in advance and cannot be redirected by signers, operators, contributors, or committees acting on discretion alone.
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## Mechanism
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**Prefunded Commitment Structure:** By acquiring and segregating SOLO tokens before specific incentive programs are designed, the DAO creates a credible commitment that cannot be unilaterally redirected. This addresses the trust problem where participants might doubt whether promised future incentives will materialize.
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**Participation-Based Distribution:** The reserve explicitly targets participation-based frameworks (like the mentioned "pips program"), suggesting a model where active contribution rather than passive holding determines reward eligibility.
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**Governance Firewall:** The explicit restriction that signers, operators, contributors, or committees cannot redirect funds on discretion alone creates a governance firewall requiring full DAO approval for any change in purpose.
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## Notes
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- Text is truncated in available source; full proposal details including Incentives Subcommittee structure and member appointments are not available
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- Non-binding summary indicates this is informational and subordinate to governing instruments
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- Represents a treasury management approach where capital allocation precedes program design |