Also, I’d rather take more risk with a higher grant upfront, than to submit to higher revenue share, or any 
Especially since we are not sure how hard this task really is and how it is to be managed over 4 years. It seems to just be difficult mainly because of limitations of multiple chains within avalanche.
2 Likes
Like the idea, but not the monetary arrangement.
- Upfront payment: $6M MIM or $9M staked $TIME. Would prefer staked $TIME as it ties the success of Wonderland to the project. If we do well, the developing team does well and vice-versa.
- Revenue sharing: 25% for 4 years + 15% every year after sounds way too high. Again, I’d prefer to pay in $TIME or reduce the revenue share to 10% for 4 years and a one-shot payment based on accomplished KPIs.
(As an FYI - The average salary for a blockchain developer is $175K/year, unless we’re hiring a team of around 15 people to work solely for Wonderland during 4 years, the numbers don’t make sense to me).
Also, more information about the team and previous project is definitely needed.
40 Likes
This is an excellent opportunity for the DAO to fund a team and product in order to tap into the liquid staking market within a short time span (Q1 2022).
Entering the liquid staking market will be beneficial for the DAO, the terms listed are fair and remain competitive. The 10/90 split attracts users while the 75/25 split incentivizes both parties. On top of that tapping into an additional market such as Fantom will even further increase the potential revenue.
I believe with the right strategy, the DAO can push forward and maximize adoption to take an even bigger market share in the liquid staking market. With the Frog Nation’s presence across multiple chains, including Fantom, we will be able to synergize this liquid staking product with other projects within frognation, increasing adoption and therefore grabbing an even bigger market share which ultimately results in more fees for the DAO.
11 Likes
That’d be great for sentiment! I think we all agree with the project, it’s just the payment terms where some of us have questions marks.
Thank you, @0xWicked
4 Likes
I 100% agree.
75/25 profit sharing is way out there.
Also, we need to know more about this team. What are these existing financial products that they have, and also who are they? If we are gonna pay them 3 mil in MIM before any work has been done - “Half now half after” we need background checks.
12 Likes
For the background check, the wonderland team has had a long discussion with this team.
More details would help the community, which ultimately will vote on this proposal, form an opinion.
10 Likes
Backing this 100%. A different form of staking to add to the current 
I think, these are the key points from this proposal:
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They ask Wonderland for a $6M MIM grant ( half at agreement and half upon delivery), OR $9M (staked) TIME (vested linearly over 24 months) to develop a Liquid Staking Solution.
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They expect Wonderland’s gross revenue between $12.5M - $50M per year if the project is successful.
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They want a 25% revenue share for the first 4 years of operation (i.e. 75% of revenue to Wonderland, 25% to the team)
So basically, Wonderland invests $6M MIM and gets a revenue stream of minimum $12.5M per year, minus the revenue share for the first 4 years.
7 Likes
Shorter contract, Lower numbers and the large break clause of minimum 10M USD does not provide protection and is rather a large risk for Wonderland.
Don’t see the big value of this with the current proposed terms.
11 Likes
Exactly a 12.5$ revenue from a 6M upfront investment + revenue share is not a good idea or lucrative deal for anyone involved in Wonderland DAO.
7 Likes
I like the idea but the numbers don’t look fair to me.
85/15% in favor of Wonderland would be better and also a 1 year term instead of 4.
I want to know the opinion of Dani and Sifu regarding these terms.
We also need more info about the team and any meaningful projects that they might have.
Aside from that I’m for it.
23 Likes
Love it. Let’s do it
I agree with the proposal, in that liquid staking will be overall good for Wonderland by widening the available assets that people can use to invest in the DAO. Four years seems like a very long time especially in crypto-years. Perhaps, a 25% revenue share for the first 12 months where the DAO can vote on additional option years once the community can see the actual numbers that the DAO is taking in from this proposal.
6 Likes
Let’s do this:raised_hand_with_fingers_splayed:
am in full support
Sounds great, behind this idea
Four years is reasonable. This is a long-term investment. The crypto market is still in its early stages. Long-term vision is needed. Distribution is fair. Both parties are incentivized. However, it is best if Wonderland can get more. This is fully supported.
3 Likes
Yeah, my opinion is worthless. I think if Sifu needed money to build a team, he could just ask for it and no one would vote no.
Seems like a good idea, thanks.
It took me a lot of reading and asking on discord to understand it. It could have been better to start by introducing who you are, what is your project. I thought you guys were asking for 25% just because you are going to stake AVAX to the blockchain. Now I get it. Deal sounds fair, my concern is with the duration. 4 years seems long for the crypto. But I’m sure you guys are agreed with Sifu and Daniele before proposing this, and I trust them. I hope it will be beneficial for both. (Also I’m quite happy to see a long term deal proposal). Good luck
6 Likes
So the proposal is to put a huge amount of Wonderland’s treasury into Avalanche Liquid Staking for almost 10% annual profit? This is suicide. That amount could be put into infinite pools/farms with more than 25% annual profit!
10 Likes