MakerDAO Founder Initiates Proposal Regarding Spark Pre-Farming Airdrop and SubDAO Farming Model

Rune Christensen, the founder of MakerDAO, has initiated a community proposal regarding the 'SparkDAO SPK pre-farming airdrop; general SubDAO farming overview.' The proposal outlines the potential SPK pre-farming airdrop plan for the lending protocol Spark Protocol and reviews the general SubDAO farming economic model, which is set to launch in the second phase.

The proposal suggests retroactively calculating which users have borrowed from the Spark Protocol and starting the calculation from the moment when the borrowing interest rate was raised to 5%. Token distribution will be based on the proportion of the volatile assets they have collateralized and the duration of time. Users will be eligible for the airdrop without taking any specific action.

Over a span of 10 years, a total of 2 billion SubDAO tokens will be distributed to each SubDAO participant. In the first two years, the initial farming rate is 500 million SubDAO tokens annually, with 350 million SubDAO tokens allocated for NewStable yield farmers and 150 million SubDAO tokens allocated for NewGovToken yield farmers each year.

For the following two years (third to fourth year), the initial farming rate reduces to 250 million SubDAO tokens annually, with 175 million SubDAO tokens allocated for NewStable yield farmers and 75 million SubDAO tokens allocated for NewGovToken yield farmers each year.

MakerDAO's End Game plan involves breaking down the existing DAO structure into smaller autonomous entities called SubDAOs. These entities are autonomous and self-sustaining, each having their own tokens within the MakerDAO ecosystem.

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