SUP Transferability: Planning Discussion

[jameskbh]

Thanks for opening this discussion. Adding my 2 cents here.

AFAIK, regarding $SUP tokenomics and token distribution, this is the main document. There, we seeÇ

@dopamino

SUP Token

Purpose

• SUP will be the governance token of Superfluid protocol
• Token Functionality
  • Voting - All token holders can vote on general proposals like protocol upgrades.
  • Rewards - To ecosystem application users.
  • Staking - Stakers earn SUP rewards, and can vote on funding allocations.
  • Fees - Superfluid V1 has no fees. V2 most likely will have fees which will accrue to the DAO.
• Initially non-transferable pending a DAO vote. However this restriction does not affect token holders’ governance participation.

@dopamino

Milestones

• Q1 2025 - Token launched, Token Distributions begin
• Q1 2025 - Inaugural Ecosystem Campaigns (’Season 1’)
• Future milestones subject to DAO votes
  • Token Transferability
  • Ecosystem campaign allocations (quarterly)
  • Funding for protocol V2 development
  • Protocol fee switch (in Superfluid Protocol V2)

I want to share how SAFe handled this process, so we can compare it. The TTE (Token Transferability Event) was tied to some KPIs/Milestones, which helped to define thresholds that made sense for it. Questions:

• Is the DAO willing to set up this?
• If so, which metrics make sense in this case? (Token distribution %, relevant governance actions completed, token utility definition within the protocol/ecosystem, etc).

In addition to that (as I mentioned briefly here, liquidity provisioning, and token listing are usually in place (or well-defined) to make the TTE something meaningful.

I would like to see more discussion around those items.