Yes, that’s another problem with that approach. We’re leaning towards something between how it is now and moving all to the treasury.
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Wow I didn’t expect the Spanish Inquisition!
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@Seers
I am not entirely certain I grasp in full detail the options and rationale you are considering for facilitating an airdrop based on various parameters, such as posting activity on Seers. Nevertheless, keeping these tokens in the treasury and allowing the DAO to decide on the distribution timing and method seems like a transparent approach to me.
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As we talked above, we modified the SNS init file to transfer all neurons, except those belonging to the dev team, to the treasury. Once decentralization is complete, we will initiate proposals to commence the distribution of these tokens. We believe this is the most flexible and transparent approach.
If everything goes well, we plan to deploy the SNS canisters tomorrow and subsequently submit the swap proposal when a suitable window is available.
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Hello everyone,
The token swap proposal is now accessible at the following link. We appreciate your votes and support in moving Seers towards decentralization!
What is the distribution of SEER tokens to NFT holders?
Hey Seers team,
it would be great if you could address my remaining questions. Additionally I’ve been wondering if you have support for reproducible builds in place and run a testflight SNS as well as launching the SNS locally?
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Hello, @cryptoschindler,
I was in the process of drafting more responses. Please accept my apologies for any delays.
- How are prediction markets settled?
Prediction markets are set to be resolved through token voting using SEER. Once the sports oracle is ready, it will serve as the default resolution mechanism for all sports prediction markets. There might be a brief window available for challenges (with incentives), but generally, any matter resolvable by the oracle will be settled accordingly. The majority of markets we created during the last year can be resolved with the oracle. - How does the oracle for prediction markets function?
The oracle will gather input from various sports feeds and process the data to determine the outcome. We aim to ensure decentralization progressively through iterative approaches. In all likelihood, incentivization with SEER will be necessary. - Could you explain the reward scheme?
Currently, revenue from prediction market is distributed to users based on their contributions to the network, including posts and market engagement. As we become more decentralized, additional stakeholders will emerge, prompting us to enhance the reward system correspondingly. Diverse reward schemes will be implemented for various tasks within the social network. - What is the mechanism for content moderation?
We intend to employ the SEER token to incentivize users for content moderation. Moreover, we plan to introduce different feed views to empower users with the flexibility to filter content according to their preferences. Thus far, our moderation approach has aimed to be as minimal as possible. - Could you clarify ckBTC staking and the 10% APY?
This will initially be an experiment aimed at generalizing the operation of existing prediction markets. The potential APY is up to 10%, contingent upon factors such as fee revenue and the supply-demand dynamics of market liquidity. As we incorporate additional revenue sources for liquidity providers, the APY will become more robust. - Are there any dependencies outside the DAO’s scope (e.g., web2 infrastructure)?
Currently, there are no dependencies, and our goal is to manage all aspects utilizing the IC infrastructure to the fullest extent possible. - What is the distribution of SEER tokens to NFT holders?
The promised SEER token allocation for NFT holders is less than 1% in the crowdfund. While we will strive for a higher percentage, the ultimate decision rests within the DAO (likely composed of NFT holders as well).
We have conducted all possible tests and are currently focused on achieving reproducible builds, which we expect to complete today.
We would like to express our gratitude and offer our congratulations to the DFINITY team for the incredible work accomplished with the SNS. Thank you! 
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Was this change made for the Funded participants or are you still locking up their distribution?
Hi, our SNS Decentralisation Sale is Open.
Thanks to everyone!
Many people are asking us what happened with our NF allocation. Basically, we asked for 300K ICP from the NF (60%), but it was reduced to 250K (50%). We believe it was triggered by the following:
If NF neurons opt out of the NF while an SNS proposal is open for voting, then the ICP amount the NF was proposed to receive is reduced proportionally.
From: Neurons' fund (NF) | Internet Computer
A couple of comments:
- We know that this rule might not be the fairest (e.g. see picture), and it’s probably something that could be made better without much difficulty.
- Dfinity is working on a matching algorithm that should fix this.
- If we fail this decentralisation sale, we will keep trying with other parameters or skip the SNS. It’s not a big deal, we just want the best for the IC and to finally decentralise.
Hello, as our decentralization sale did not succeed, we are planning to give it another attempt, this time by reducing the token amount to 15% of the total supply and the total ICP to 100K. Additionally, we will rename the token to ICX.
Questions: Is the NnsProposal field in the sns-init file functional on the mainnet? I believe it is not working in the sns-testing repository. Does sns validate work with this new format? @DanielThurau
It’s difficult for anyone to invest in Dapp, which is just 1:1 a copy of Twitter, and in addition, its creators want to raise funds at all costs (no matter how much, anything, without any business plan).
Thanks for the feedback. Here are a few comments:
- Our intention is not to copy Twitter; rather, we aim to extract the best elements and enhance them through community feedback. At present, our platform differs from Twitter due to the incorporation of prediction markets, which Twitter lacks.
- Our community has urged us to expedite the decentralization of prediction markets, and that’s precisely what we’re working on.
- We are committed to doing our best regardless of the amount of funds available. The implementation of matching for the SNS should help alleviate price discovery concerns.
Seers was also seen posting negative inaccurate tweets about Dfinity and ICP on twitter a couple of months ago. After asking for the proof or source of their claim they could not provide a answer, so they were just tweeting negative misinformation with no facts or source to back it up, wich seemed not right for a dapp building on ICP with a following on twitter X. Cant remember exactly about what it was, something about Dfinity being centralized and having all the voting power. The way it was tweeted it raised a “question mark, red flag” for a public figure twitter account with followers to post a tweet in such manner.
Hi, we’ve published our new sns-init file here for everyone to check: https://github.com/SeersSocial/sns/blob/main/one_proposal/sns-init.yml. It’s essentially the same as before, except that we’ve reduced the swap parameters to 15% of the supply and 100K ICP in total. We were compelled to make other changes with the new checks.
Summary of changes:
- Token symbol: ICX. We’ve wanted to make this change for a long time, as it better represents our dapp.
- Token name: IC X. We originally wanted ICX, but the minimum character count for the name is 4. We’re open to suggestions.
- Token supply allocated to swap: 16%.
- Treasury supply: 69%. (Minimal change to satisfy one check)
- Minimum ICP: 100K
- Maximum ICP: 150K
- NF investment: 60K
- Age duration: 3 months (Changed to improve swap VP)
- Age bonus: 100% (Changed to improve swap VP)
- Swap vesting schedule events: 5
- Swap vesting interval: 3 months (Changed to satisfy a new check)
The rest of the configuration should remain the same as before. Please let us know if you have any questions. @bjoernek
How do you explain that 1 day after a SNS failure you suddenly decide to reduce drastically the amount and quoting you : " just changed the init file" ?
Are we talking about the same project or was it simply WAY TO MUCH OVERVALUATED ?
Will you wait few months before sending the next proposal or just spaming the NNS again ?
Cheers
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Hello everyone,
Our SNS proposal is now open for voting. Thanks to the DFINITY team for the 1-proposal feature.
Please support us on our road to decentralization!
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Hello,
Our new SNS decentralisation sale is open for contributions! Help us decentralise ICX! 
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We made it, thanks to everyone!
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