Ah here we got it, 29 buyback applications for a total of 234 ETH. I checked some contribution addresses which are not in the list of 63 holders shown on Etherscan and they still hold FPT, so that checks out (FPT isn’t valid ERC-20, so Etherscan isn’t reliable). That’s a remainder of 2460 - 234 = 2226 ETH. Assuming an average of 2250 FPT per ETH, we’re in the range of ~5 million eligible FPT.
At a ratio of 1:17.5, that would be 87.5m FLT, 8.75% of the supply. The original sale had set aside 6% of the supply. While the dao treasury has more than enough reserves to cover that, I’d voluntarily ditch the 40% sale price increase factor, which may be hard to carry through during litigation anyway, and take just the 25% bonus with a one year lockup since claim. Originally only the bonus was supposed to be locked, but I’ll accept a 12 month period for the total amount. This is under the precondition that claims are available no later than May 2024. Evgeny can surely provide exact numbers. I guess not everyone’s gonna claim to begin with, and US based contributors will have to be refunded, so we should be well within the 6 million FLU, now 60 million FLT, originally set aside for presale investors.
So, my final proposal - and that’s just for me personally, I don’t expect anyone to agree, and I specifically don’t ask US based investors to accept a buyback in the 2017 USD equivalent of their invested ETH:
- a 12 months lockup starting at the time of claiming
- claims are available no later than May 2024
- the FPT:FLT exchange rate is 1:12.5
I consider that a very strong complaisance on my end considering the overall situation and everything that happened and would be deeply offended if there’s no further accomodation towards even this minimum claim.
PS: if others don’t agree, one could add an additional treat: should there be any unclaimed FLT from the 60m pool, it could be evenly distributed among FPT holders. Although I guess there won’t be much left, and it’s arguable what “unclaimed” means.