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# System prepended metadata

title: Vote Exchange Agreement

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# Vote Exchange Agreement

In exchange for $150,000 from Saber, UXD, and SolBlaze ('the partners'), the Meta-DAO will:
- Deliver a vote exchange for veSBR gauge votes.
- Deliver said vote exchange in a timely manner, with the launch date currently set at mid-late February 2024.
- Create a native token for this vote exchange ('BRB'), and to allocate **8% of BRB to Saber**, **6% to UXD**, and **6% to SolBlaze**.
- Allocate at least **10% of BRB to vote buyer liquidity mining**, eligible to be earned by UXD, SolBlaze, and other parties that participate.
- Collect a variable take rate from vote rewards, anticipated to start at 15% and gradually decline.
- Use **50% of marginal platform revenue past $200,000 to buy-back and burn BRB.** Platform revenue would include all revenue derived from this platform, not just the take rate on vote rewards.
- Maintain the platform for at least 1 year from the date of launch, anticipated to be February 2025.

The partners will split the $150,000 equally among themselves, each investing $50,000 into the platform. Their investment will be split into three tranches:
- $15,000 from each partner paid up-front once this agreement has been reached.
- $20,000 from each partner paid once the platform has launched.
- $15,000 from each partner paid 4 months into the platform's lifecycle.

SolBlaze will pay their amount in BLZE tokens. The Meta-DAO will not bulk dump such tokens, and will either pay its contributors in BLZE or DCA out over time. Saber and UXD will pay in USD-denominated stablecoins, such as UXD or USDC.

Once the bribe platform is up and running, the Meta-DAO will explore supporting bSOL directed staking.