teleo-codex/decisions/internet-finance/kyros-burn-unclaimed-airdrop.md

type	entity_type	name	domain	status	parent_entity	platform	proposer	proposal_url	proposal_date	resolution_date	category	summary	tracked_by	created
decision	decision_market	Kyros: Burn 4.42M Unclaimed KYROS Airdrop Allocation	internet-finance	passed	kyros	futardio	Kyros team	https://www.metadao.fi/projects/kyros/proposal/GH8DFQjiSd9VwCZxzb3kzU2Jpx5JFC9gn8JNGKHfjrYa	2026-01-13	2026-01-16	treasury	Burn 4,421,077 unclaimed KYROS from initial airdrop (38.25% of airdrop allocation) — reduces total supply from 50M to 45.58M	rio	2026-03-24

Kyros: Burn 4.42M Unclaimed KYROS Airdrop Allocation

Summary

Three months after TGE (Oct 2025), 4,421,077 KYROS (38.25% of 12.5M airdrop allocation) remained unclaimed. Proposal to burn the entire unclaimed amount, reducing total supply from 50M to 45,578,923. Rationale: unclaimed users are unlikely to be long-term value-adding members. Mint authority fully delegated to MetaDAO futarchy, so future tokens can be minted under governance if needed.

Market Data

• Outcome: Passed
• Proposal Account: GH8DFQjiSd9VwCZxzb3kzU2Jpx5JFC9gn8JNGKHfjrYa
• Duration: 2026-01-13 to ~2026-01-16
• Tokens Burned: 4,421,077 KYROS (8.84% of total supply)
• New Total Supply: 45,578,923 KYROS

Airdrop Context

• Initial airdrop: 12.5M KYROS (25% of 50M total)
• 64% — Linear points program ("Warchest")
• 16% — Community quests ("The Village")
• 20% — Early users
• Unclaimed after 3 months: 4,421,077 (38.25%)

Significance

Demonstrates futarchy governing supply management decisions. The argument for burning vs. treasury absorption is notable: mint authority delegated to futarchy means tokens can always be re-created under governance if needed, making burns less risky. This is a governance pattern enabled by futarchy's mintable governance model.

Relationship to KB

• kyros — parent entity
• futarchy-daos-require-mintable-governance-tokens-because-fixed-supply-treasuries-exhaust-without-issuance-authority-forcing-disruptive-token-architecture-migrations — futarchy mint authority makes burns reversible

Full Proposal Text

Source: metadao.fi, tabled 2026-01-13

TL;DR

Proposal: Burn 4,421,077 unclaimed KYROS from the airdrop. We believe this will reinforces long-term alignment and avoids supply-leakage to disengaged users.

If this proposal passes: The burn will be executed by burning the tokens through the DAO. It will be done transparently and verifiably on-chain within a maximum of two week after the end of the proposal voting window.

Discussion: https://t.me/KyrosFi

Overview

Burn 4,421,077 unclaimed KYROS from the initial airdrop allocation.

Background

On 13/10/2025, Kyros launched its token KYROS.

As part of the TGE, 12.5M KYROS (25% of total supply at launch) were allocated to a retroactive airdrop. Eligibility was based on three main categories:

• 64% — Linear points program ("Warchest"): rewarded users for holding Kyros assets, with multipliers for participating in specific DeFi strategies.
• 16% — Community quests ("The Village"): rewarded users who completed specific DeFi tasks within the Kyros ecosystem.
• 20% — Early users: allocated to users who supported Kyros from day one (those that were the first to bring TVL to the project) and were instrumental to its growth.

3 months after TGE, 4,379,383 kyKYROS (around 4.42M KYROS) remain unclaimed. This represents approximately 38.25% of the total airdrop allocation.

This proposal seeks to burn the entire unclaimed amount.

Rationale

If a user has not claimed its airdrop after this period, it's a strong signal that:

• they do not follow Kyros closely,
• the allocation was insignificant to them, or
• they do not intend to be long-term holders.

All in all, we believe this shows these users are unlikely to be long-term value-adding members to Kyros. Rewarding those type of users is misaligned with the purpose of the airdrop and does not benefit overall KYROS holders.

Why burn the tokens instead of keeping it in DAO Treasury?

Kyros already designed its tokenomics to meet its current and mid-term needs.

Additionally, the mint authority has been fully delegated to MetaDAO Futarchy. This means that if Kyros ever needs more tokens in the future, they can be minted under transparent governance. So ultimately, there is no benefit in absorbing unclaimed tokens into treasury.

For all of those reasons, we believe that burning those tokens is the best option to favor long term KYROS holders. This will reduce FDV with the goal of making KYROS more appealing to investors.

Rundown of Numbers

• Current total supply: 50,000,000 KYROS
• Initial airdrop allocation: 12,500,000 KYROS
• Unclaimed airdrop to burn: 4,421,077 KYROS
• New total supply after burn: 45,578,923 KYROS

Raw Data

• Proposal account: GH8DFQjiSd9VwCZxzb3kzU2Jpx5JFC9gn8JNGKHfjrYa
• Proposal number: 1
• DAO account: GE4TQSsX9hAuCeMuBJcbnzXEMueG3heUCg8UtNsBvPY2
• Proposer: govMW5J778RSNyTcp3mEogfpqrpfrmDgRy2yWD2ohVr
• Autocrat version: 0.5