Over the past few months we’ve been working with Angel Protocol to design their HALO token. Our goal was to come up with a tokenomics design and governance architecture with the following objectives:
- To propose a design for the HALO token that aligns incentives between the Angel platform and the Angel DANO.
- To design a token distribution and liquidity mining campaign that helps bootstrap donations for charities and encourage governance participation.
In this write-up below, you will find our proposal to address each of these objectives. We’re very excited to share this with the Terra community and look forward to your feedback.