Now that the DAO has secured its mission and nominated a council, it’s time to get down to business. The following plan outlines allocations of the DAO’s treasury NFTs to solidify and grow the DAO.

Phase 1: Solidifying the DAO

After the end of the claim period on January 12th, the DAO treasury now owns 8,809 NFTs. To secure the DAO and reward loyal stakers, the following allocation is proposed:

1a. The AllianceDAO Multisig - 462 NFTs

To protect against malicious governance attacks, 462 NFTs will be sent to the AllianceDAO multisig wallet. 462 is the number of NFTs that would have remained had the original distribution fully minted out.
These will be 462 random NFTs from the treasury with rarity scores of 10 or less.
These NFTs will be broken by the multisig, meaning they will not accrue future Alliance rewards.
The multisig consists of the AllianceDAO Council members inducted in Prop 11. The council acts to uphold the mission of AllianceDAO, as outlined in Prop 10.
These NFTs will only be used in accordance with AllianceDAO governance and to protect against any prop that seeks to send NFTs to a malicious address or render the DAO inoperable.

1b. Existing DAO Members - 385 NFTs

A snapshot was taken at the end of the claim period on January 12th, 2024.
385 individual addresses were identified as stakers. This allocation will be split into two groups:
- Out of the 385 addresses, 33 had two or more NFTs staked on January 12th, 2024.
  - Each of these 33 addresses will be assigned an NFT with a rarity corresponding to their stake ranking.
  - The NFTs allocated to this group will contain a variety of rarity levels which reflect the distribution of the collection, ranging from level 20 and above. Rarities closer to 40 will be the least common, and rarities closer to 20 will be the most common.
  - The NFTs will be sent to an escrow contract, enabling the addresses to claim their assigned NFT with a set price of 50 Luna. Proceeds will go to the DAO treasury.
  - If the owners of any of the 33 addresses would like to forego being assigned an NFT and would rather take part in the random allocation (as detailed below), they may choose to do so. Message @evandocs on Telegram for instructions.
- 352 out of 385 addresses had one NFT staked. These stakers will be whitelisted to mint an NFT from a pool of 352 random NFTs.
  - The NFTs allocated to this group will contain a variety of rarity levels which reflect the distribution of the collection, ranging from 1-40. Rarities closer to 40 will be the least common, and lower rarities will be the most common.
  - The mint will be random, meaning that users will pay a set price and receive an NFT with a random rarity. Proceeds of the mint will be deposited into the DAO treasury.
  - The mint price for this group will be set at 50 Luna, and proceeds will go to the DAO treasury.

Phase 2: Growth

In order to expand the AllianceDAO community and benefit the greater Terra community, there will be a secondary mint of NFTs from the AllianceDAO treasury. The following groups will have a whitelist to mint at a set price. The mint will be random, meaning that users will pay a set price and receive an NFT with a random rarity. Proceeds of the mint will be deposited into the DAO treasury.

2a. Terra NFT Holders - 900 NFTs

Snapshots for holders of Galactic Punks, Skeleton Punks, and PixeLions NFT collections will be taken.
Each unique address will be whitelisted to mint 1 NFT each.
The NFTs allocated to this group will contain a variety of rarity levels which reflect the distribution of the collection, ranging from 1-40. Rarities closer to 40 will be the least common, and lower rarities will be the most common.
The mint will be random, meaning that users will pay a set price and receive an NFT with a random rarity. Proceeds of the mint will be deposited into the DAO treasury.
These NFTs will be available on a first-come, first-served basis. Only 900 can be claimed.
The mint price will be set at 75 Luna.

2b. The Terra and Alliance Communities - 1,300 NFTs

The DAO will allocate 1,300 NFTs to the Terra and Alliance communities.
These NFTs will be available on a first-come, first-served basis. Only 1,300 can be claimed.
The NFTs allocated to this group will contain a variety of rarity levels which reflect the distribution of the collection, ranging from 1-40. Rarities closer to 40 will be the least common, and lower rarities will be the most common.
The mint will be random, meaning that users will pay a set price and receive an NFT with a random rarity. Proceeds of the mint will be deposited into the DAO treasury.
The mint price will be set at 100 Luna.
This mint will take place after the mints for the existing DAO members and Terra NFT holders.
AllianceDAO will co-market the mint with Terra and Alliance communities (such as Migaloo and Carbon), in order to grow the DAO among Alliance stakeholders.

Implementation

Each of the allocations above will be implemented in the order shown. Due to blockspace limitations for NFT transfers, only ~100 NFTs can be transferred from the treasury per proposal. This means that sending 1,300 NFTs will take ~13 props. After the passing of the initial text prop, each phase will be implemented in sequential order.

Each group will have a period of time to claim their NFTs. Periods will vary by group. NFTs that remain unclaimed after the end of a claim period will be sent back to the DAO treasury.

Future Plans

In addition to the aforementioned allocations, AllianceDAO will seek to use the remaining NFTs in its treasury to form alliances with other community groups, including cross-chain NFT collections, future Terra NFT collections, and other protocols that promote the use of the Alliance module or implement novel uses for the Alliance module.