Sunsetting the $TEC: Proposal & Treasury Distribution Framework

Dear community, as someone who joined at hatch and has stayed the course despite numerous challenging moments I am a firm believer that neither the community nor the $TEC should unwound at this time, particularly given the onset of a new cryptocurrency boom cycle that is creating renewed attention and investment in the Web3 space.

Historically, such cycles present prime opportunities for communities and DAOs with strong foundations to expand their impact and relevance. TEC has spent years cultivating a reputation at the intersection of systems engineering, tokenomics, and public goods, precisely the areas gaining momentum with the resurgence of interest in decentralized coordination and various tokenized systems.

Retroactive public goods funding, a mechanism pioneered and popularized by projects like Optimism, is now a fast-evolving domain where TEC’s mission-aligned tooling, community, and thought leadership position it uniquely to capture value and further its vision.

Dissolving TEC now would mean abandoning this hard-won positioning just as the ecosystem is turning back toward the principles it has long advocated.

Furthermore, the continued existence and growth of TEC should be centered on the revitalization of token utility, not merely preservation for its own sake.

If the community chooses not to unwind, it should do so with a clear commitment to a roadmap for enhancing the utility of the TEC token, whether through curation of funding rounds, governance participation in emerging ReFi protocols, or providing infrastructure for evaluating and funding high-impact engineering work.

Token utility should serve as the engine that drives engagement, aligns incentives, and attracts builders and funders alike. This moment presents a rare convergence of timing, relevance, and community expertise; unwinding now would be a strategic misstep when TEC has the potential to play a central role in shaping the next phase of the decentralized economy.

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I really don’t have a strong opinion on this.

TEC gave me much more than what I could ever payback, that being said, I think the project sunsetting sounds right. I would make sure all the databases of knowledge would remain and as @JeffEmmett mentioned, it feels more like that we are sunsetting the economic layer.

What to do with the remaining funds? I’d give it back 100% back to the token holders, we never were great at distributing funds matching our mission (with exceptions) and I think it’s about time that we don’t repeat the same history again. Of course, I’d put that as a our last governance experiment: people should have the option to vote wether the sunsetting leads to the funds back to the token holders or does it go to public goods. The distribution mechanism, I’d just talk to Gitcoin and make one finale round sponsored with all the funds left.

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