Comprehensive Overview of Gold DAO

i’ve try to follow your instruction,but why my icp value locked gone?

Pada Kam, 4 Jan 2024 00.18, Dustin via Internet Computer Developer Forum <notifications@dfn.discoursemail.com> menulis:

Where can I find the KPMG audit document/proof?

i already to that as your instruction, but why my icp lock now is gone, theres nothing on my value locked animore, my balance still o and my icp value locked is gone

Hello, I have a few inquiries:
@Dustin I would appreciate your attention to the below:

  1. How will the 200 mil OGY tokens donated from Origyn foundation be custodied? How will the voting rewards from those tokens be awarded to holders of GLDGov holders as stated in the whitepaper?
  2. SImilarly, how will the 80% of ICP tokens that were raised in the SNS sale, which Gold DAO has stated will be locked for 8 years upon a vote of the newly created DAO, be custodied? Since DAO’s cannot directly control staked neurons (unless something has changed I am not aware of) how will this be custodied?

Thank you for your attention in these matters.

you can find the latest reports here

If you still can’t see your funds, maybe someone from the dfinity team could help to trace what the problem could be? This is out of reach of the SNS initiator as we don’t have more access than the public method described above.
@lara maybe do you know what could be done?

Hi @Esty , thanks for the question.

  1. 500mOGY are given to the Gold DAO by the ORIGYN foundation. 100% of those OGY will be staked for 5yrs
  • 33% of rewards will be directly distributed to GLDgov stakers
  • 33% of rewards will go for listing and marketing
  • 34% will go to a treasury reserve for DAO participants to decide

  1. 70% of the raised ICP in The Gold DAO will be staked, a proposition to be voted this month will look like this
  • 10% ICP at 2yrs
  • 10% ICP at 3yrs
  • 10% ICP at 4yrs
  • Same till…. 8yrs → total 70%

The rewards of the staked ICP will be distributed like this

  • 33% will be directly distributed to GLDGov stakers
  • 33% will be used for listing support and marketing
  • 33% will go to support team development
  • 1% will go for humanitarian in contributing to « The Good DAO »

We will use a similar mechanism for the neuron as was done by OpenChat. This let’s the DAO control a canister that interacts with the NNS and holds a neuron. It’s a solution that lets the SNS fully control the neuron. We are working on this now and will release it soon.

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pliss help me, can you send your kontak so i can sent the image

Pada Sen, 8 Jan 2024 15.21, Dustin via Internet Computer Developer Forum <notifications@dfn.discoursemail.com> menulis:

I am sorry I am not able to follow what exactly is the problem.
@jhonicmonguys can you maybe provide a bit more context please on what you did and what problem you are facing? I assume you participated in the swap but didn’t get any SNS neurons in the end? Where are you checking and what do you see? Maybe you can share some screenshots (you can also share them in a new thread and tag me / link it here)

@lara thank you for responding. @jhonicmonguys and I moved this to a private conversation. There was a misunderstanding about the GLDGov neurons and ICP, that has been clarified.

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lara tgank you so much , i solved the problem, justin help me very very much, i hope wish all the best for you all the time lara because help me, thanks god and both of us

Pada Sel, 9 Jan 2024 22.13, lara via Internet Computer Developer Forum <notifications@dfn.discoursemail.com> menulis:

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As a GoldGov token holder, how will I receive these rewards? I hold my GoldGov tokens in the NNS, as they were automatically created when I participated in the GoldDao SNS. However OGY tokens can currently not be custotied in the NNS, so how will OGY rewards be transferred to GoldGov token holders.
Similar question for the 33% of the staked ICP rewards: will GoldGov token holders automatically get ICP neurons created for them, in which the ICP staking rewards will be transferred?

Hi @ic.aitubi, thanks for the question.
For the ICP rewards, Gold DAO governance participants will automatically receive the ICP rewards on a periodic basis. The idea here is that ICP maturity will be turned into ICP periodically and then dispersed to the different stakeholders.
For the OGY rewards, we are in contact with DFINITY to see if it’s possible to get OGY also included in the NNS frontend. We hope to find a solution here soon.

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@Dustin Any Chance you are aware why you can’t merge the Golddao Neurons?

I currently have a few due to the staggering of them, would like to merge them all in to one 2 year neuron

As far as I know, it’s currently not possible to merge SNS neurons. I don’t know why this is not possible. @lara do you have more information about this maybe?

The closest way that you can get is to extend the dissolve delay of all your neurons to 2 years and let all of them follow one of your own neurons and then use this neuron as your main neuron to interact with. It’s basically the same as this neuron having all the voting power.

That’s right. It is currently not possible to merge SNS neurons.
The main reason is that this was added to the NNS after the SNS code split from it, but hasn’t been added to the SNS code.
I also provided a bit more context why this is not on our immediate roadmap here.

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Hey @Dustin will it be required to vote on proposals in order to earn rewards? The vote history of each Gold DAO neuron is not public information. In fact, that information is not even visible to the neuron owner after the proposal is settled. Hence, I assume rewards won’t be contingent on voting since there is no way to know who voted and who did not vote. Is that correct?

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How is this possible? Can you transfer ICP to a principal ID? I thought you need an account ID for an ICP transfer.

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Hi @Dustin, these are very good questions from @wpb, for me it will be also interesting to see which Account/Principal receives the ICP/OGY rewards as linking to Principal doesn’t seem to be (easily) visible from the GLDGov Neuron stats and I’m not sure if/how will be the tokens accessible if are sent to the GLDGov Neuron directly, example GLDGov Neuron 330e853087d6ea204d2e558fc6a2f5d4ae3eb14e174c4c85bdf77905e3298102:

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So in the end it looks like we’ll have (also?) the standard SNS rewards :+1::saluting_face::fire:

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