[REDEMPTION] Q3 2022 - Redemption Whitelist/Breakdown

Q3 2022 - Redemption Whitelist/Breakdown

Redemption

The whitelist is now closed and the treasury is being prepared.

The redemption portal will start 2022-10-01T18:30:00Z and end 2022-10-04T18:30:00Z

The official Q3 redemption price will be:
27,318 USDC + 68,389 BSGG tokens

Whitelist Details

The voting options will be as follows:

  • YES, add me to the whitelist
  • NO, do not add me to the whitelist

https://wl-l.ink/Snapshot/Q3-2022-Whitelist

The redemption price breakdown will be periodically updated in the comments below.

The estimated redemption price redemption price will be added on the snapshot vote.


Redemption Details

In regards to the BSGG tokens for this redemption, 25% of the BSGG held by Wonderland, but not in the staking contract or bound by vesting will be added to the redemption price per wMEMO.

  • Total BSGG:     1 571 724 593 BSGG
  • Total unvested:     435 080 000 BSGG
  • Net Liquid:    1 136 644 593 BSGG
  • Elligible (25%):   284 161 148 BSGG

Timeline*

  • Initial Breakdown: 2022-09-21T15:28:00Z
  • Whitelist: 2022-09-22T18:17:00Z to 2022-09-29T18:17:00Z
  • Treasury prep: 2022-09-29T18:17:00Z to 2022-10-01T18:17:00Z
  • Redemption: 2022-10-01T18:30:00Z to 2022-10-04T18:30:00Z

*Keep in mind these time may vary due to unforeseen delays or operational needs.


Notes

  1. While you will be able to vote for the whitelist by being staked in the farm, you will need to unstake when the time to redeem comes.

  2. Redemption allows for a fair value exit once a quarter. You are not assured of such fair value exit until the next quarter. The project’s status quo may also change as well.

For more details on WIP 9: [WIP #9] - Quarterly Redemption Option for Holders

4 Likes

Breakdown by Treasury Operators

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Updated numbers from the Treasury Operators:

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Final breakdown:

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