The purpose of this post is to strategize about bringing the Cosmos developer and Validator community together around thinking about the ideal way in which a Cosmos Zone should launch (and the thousands of Cosmos Zones in the future), and to ensure Regen Network (www.regen.network) is a precedent setter on this path.
Regen Network will be launching our public chain in the coming months and we recognize the opportunity and responsibility to launch our chain in such a way that sets a positive precedent for other hubs and zones to contribute positively to the overall health of the Cosmos Community.
We have our ideas of what this looks like but would like to invite the Validator and Dev communities to discuss the different factors that would contribute to the health and vitality of the whole so that we can make conscious design choices going forward.
We’d like to get more conversation and context around opinions in a variety of areas. We’re very engaged on the technical development side with the SDK, but feel there is the need to engage more on the economics, token distribution and governance side of things to socialize our ideas and understand the spectrum of strategies and opinions represented in the community to make good choices and grow a health Cosmos Zone that serves our users (land stewards and funders) and use case (ecological health) as well as service the larger Cosmos Ecosystem.
Topic Areas
Shared Governance Structure for a Cosmos Zone
Token Distribution
- Discounted token sales to Validators
- What discount? How many?
- Airdrop to ATOM holders?
- Legal considerations?
- Tax considerations?
- Vesting and lock up schedule design
- % of tokens earmarked for Open-Source Development Grants?
- Ideal token allocation goals to ensure decentralization and network security.
- Token listing strategies
- To IEO or not to IEO
- Market making strategies
Validator Economics
- Sharing our assumptions about validator economics and the relationship with token price projections
- Adding trusted compute to our network and the relationship with validators
- Do you like this idea? Want to earn fees by running compute? Or would you prefer to have other actors in the system providing this function?