# Active Proposal - Allocation of Excess Tokens **URL:** \ **Category:** Snapshot Proposals\ **Created:** [January 5, 2022, 11:45pm UTC](https://gov.silo.finance/t/active-proposal-allocation-of-excess-tokens/149 "2022-01-05T23:45:00Z")\ **Posts on this page:** 5\ **Page:** 1
**Author:** ![ayham.eth](https://yyz2.discourse-cdn.com/flex032/user_avatar/gov.silo.finance/ayham.eth/32/8_2.png) [@ayham.eth](https://gov.silo.finance/u/ayham.eth)\ **Post date:** [January 5, 2022, 11:45pm UTC](https://gov.silo.finance/t/active-proposal-allocation-of-excess-tokens/149/1 "2022-01-05T23:45:00Z")
Update Jan. 11, 2022. Vote closed. Tokens will be allocated to the development fund. Tokens transferred to dev fun multisig wallet > **[Ethereum Transaction Hash (Txhash) Details | Etherscan](https://etherscan.io/tx/0x1a7fbfd166218d294046165414bcfbbf56eb9f02552e8d3116bab680cbd89bf2)** > > Ethereum (ETH) detailed transaction info for txhash 0x1a7fbfd166218d294046165414bcfbbf56eb9f02552e8d3116bab680cbd89bf2. The transaction status, block confirmation, gas fee, Ether (ETH), and token transfer are shown. Vote: [Snapshot](https://snapshot.org/#/silofinance.eth/proposal/0xeb776bbac812a5f5426e9c40cfef840c14f1931214fcad1d6b6f870bcfc99161) Author(s): Aiham.eth Related Discussions: [Allocation of Excess Tokens](https://gov.silo.finance/t/allocation-of-excess-tokens/93) Submission Date: January 5, 2022 **TL;DR** - Vote is now live on Snapshot - Tokens can go to one of 4 streams: Treasury, development fund, community, or burn. - Snapshot vote will determine where tokens will be allocated. - If quorum is not reached, tokens will be sent to the treasury. **Token Allocation** We have received great ideas from the community. Given the small amount of the excess tokens, it makes sense we allocate them to one of four possible streams: 1. Treasury: Send the tokens to Silo DAO. Token holders can vote to put the treasury’s holdings of $SILO and ETH to use at any time. 2. Development Fund: Allocate tokens to the development fund to fund activities that grow the protocol, including but not limited to: - Grants program: Pay for measurable contributions that aim to grow the protocol’s users and liquidity - creating content, building tools, etc. - Insurance: Buy cover for specific markets (Silos) in the early days of the launch. - Bounty program: Launch a bounty program to strengthen the security of the protocol. - Other activities that can be suggested by community members at any time. 1. Community: Possible streams include: - Early users of the protocol such as ETH liquidity providers, borrowers etc. - Auction participants If voted, the community can discuss further how to allocate the tokens to community members. 1. Burn the tokens. ---
**Author:** ![Wchood](https://avatars.discourse-cdn.com/v4/letter/w/b4bc9f/32.png) [@Wchood](https://gov.silo.finance/u/Wchood)\ **Post date:** [January 7, 2022, 12:55am UTC](https://gov.silo.finance/t/active-proposal-allocation-of-excess-tokens/149/2 "2022-01-07T00:55:38Z")
Developer fund seems like it would add the most value to me! ---
**Author:** ![dolaVNC](https://avatars.discourse-cdn.com/v4/letter/d/aeb1de/32.png) [@dolaVNC](https://gov.silo.finance/u/dolaVNC)\ **Post date:** [January 7, 2022, 9:57am UTC](https://gov.silo.finance/t/active-proposal-allocation-of-excess-tokens/149/3 "2022-01-07T09:57:45Z")
allocating tokens to the development fund it’s really good for the future and long-term silo, in addition, the initial support members are also very important, you should divide among the initial support members, should not pay together When you will pay monthly for 24 months, for example, it will help the silo have a long-term operating energy source, 50% for the development fund, 50% for the initial supporters ---
**Author:** ![ayham.eth](https://yyz2.discourse-cdn.com/flex032/user_avatar/gov.silo.finance/ayham.eth/32/8_2.png) [@ayham.eth](https://gov.silo.finance/u/ayham.eth)\ **Post date:** [January 11, 2022, 2:25pm UTC](https://gov.silo.finance/t/active-proposal-allocation-of-excess-tokens/149/4 "2022-01-11T14:25:54Z")
Closed on January 11, 2022, 2:25pm UTC ---
**Author:** ![homeless](https://yyz2.discourse-cdn.com/flex032/user_avatar/gov.silo.finance/homeless/32/29_2.png) [@homeless](https://gov.silo.finance/u/homeless)\ **Post date:** [January 11, 2022, 3:19pm UTC](https://gov.silo.finance/t/active-proposal-allocation-of-excess-tokens/149/5 "2022-01-11T15:19:47Z")
‘‘developer fund seems like it would add the most value to me!’’ i agree