One of the pressing questions we face in the long-term is the issue of 3rd-party DAC developers and who they should airdrop to. Here are the options that I've seen discussed (my favorite option is #3 or #4, btw):
1. We could leave AGS as-is, and port only PTS into GENESIS (user-issued asset on BTS). That way, GENESIS is essentially PTS 2.0, and we preserve the idea that AGS is the illiquid share class, PTS is the liquid one.
2. There have been at least two proposals (by Shentist and emski, I believe) to create a user-issued asset on the new BTS called GENESIS and snapshot it 50/50 AGS/PTS. Then new DACs would honor GENESIS with a 20% snapshot. I'm not crazy about combining AGS with anything like that. IMO, AGS should be left alone (disclosure: I own only 12 AGS; I'm not speaking from dishonest bias here).
3. Let PTS end, but preserve AGS. Now, 3rd-party devs would be recommended to honor 10% AGS and 10% BTS. It does still give a slight preference to pre-Feb28 donators, but only a slight one, and preserves the original intentions of AGS. It ends PTS, which simplifies the marketing message (PTS was always a weird idea, don't you think?).
4. Invictus has floated the idea that they should honor the new BTS with 20%. The rationale is that the new BTS snapshotted AGS/PTS and thus honoring BTS is like honoring AGS/PTS. The dramatic flaw in this proposal is that it gives a huge preference to pre-Feb28 AGS donators. For that reason, I strongly oppose this option because it's severely unfair to those who donated after the original BTSX snapshot.
Discuss.
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