Activity Mandate
Introducing the "Activity Mandate," a foundational rule within the ORDITT protocol that underscores the active and meaningful participation of all ORDITT token holders.
Defining the Activity Mandate:
The Activity Mandate necessitates that every ORDITT token holder, within a 14-day timeframe, must conduct transactions involving an aggregate amount exceeding 10% of their total token holdings. This adaptive structure empowers holders to engage with the protocol naturally, aligning with their individual preferences and goals.
Penalty Structure for Non-Compliance:
First Occurrence: In the event that a token holder falls short of fulfilling the Activity Mandate, a 10% penalty tax will be levied on their overall ORDITT token holdings. This serves as a gentle reminder of the significance of sustained community involvement.
Second Occurrence: Subsequent instances of non-compliance result in a more impactful 20% penalty tax, accentuating the emphasis on consistent interaction.
Third Occurrence: Should a token holder continue to overlook the Activity Mandate, a substantial 40% penalty tax will be enforced. The protocol takes proactive measures by liquidating the user's ORDITT tokens into ETH, leaving the wallet with ETH and 0 ORDITT tokens. This final step underlines the critical nature of authentic token engagement.
Through the succinct "Activity Mandate" rule, ORDITT reinforces its commitment to nurturing a vibrant and engaged community. Transparent consequences for non-compliance align with our vision of fostering meaningful and organic participation, invigorating the ecosystem's longevity, and amplifying collective value.
**The penalty % might change based on future DAO governance proposals.
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