SNARKSTRBounded sale: demo-operator-0002
EXAMPLE
A fully worked, entirely hypothetical proposal showing every field a real bounded-sale proposal will carry. Every number on this page is an example; none of it is live governance state.
| Assets | demo-operator-0002 (fixture namespace local-demo-snarks.invalid) |
| Minimum net price | 12 ZEC |
| Venue | demo marketplace (no real venue is verified) |
| Max execution costs | 0.4 ZEC, capped |
| Sale window / expiry | 30 days from execution eligibility, then void |
| Snapshot rule | historical eligible economic balances at the proposal snapshot — not execution time, not claim time |
recover capital + prior realized losses →
remaining gain × 50% → eligible participants
remaining gain × 50% + capital → acquisitions
Claims use the historical eligible economic balance at the epoch snapshot: claim = floor(funded × eligibleBalance ÷ eligibleSupply). Payout conversion costs reduce the funded amount before the epoch is finalized. Delegation moves votes, never distribution rights.
Required: max(5% of initial issued supply, 20% of eligible escrow supply) = max(50,000,000, 36,000,000) = 50,000,000 SNARK, counted over for + against + abstain.
Quorum met in this example (110% of the requirement).
Approval among non-abstaining votes: 87.2% — above the required 2/3 supermajority, so this example proposal passes and enters the 24h execution delay.
- It does not guarantee a buyer exists at the minimum price.
- It does not guarantee a completed payout.
- It authorizes exactly one bounded sale — nothing else moves.