With the final vesting distribution nearly wrapped up we should move to figuring out how we want to do this.
On the GIVernance call April 15 we discussed how we prefer to do this and there was strong sentiment for using a dynamic distribution, using some pre-defined tiers to make it a little simpler.
We also discussed some lock-up periods as well as bonuses. Based on this discussion here is my proposal for Equity Opportunities:
Provide 4 tiers for which contributors can opt-in to receive a percent-based amount of their compensation in GIV + a bonus percentage, those are:
- Low | 8% compensation in GIV + 3% bonus
- Medium | 15% compensation in GIV + 6% bonus
- High | 35% compensation in GIV + 12% bonus
- GIVmaxi | 65% compensation in GIV + 25% bonus
When a contributor receives their compensation in GIV it is required to lock it in GIVpower for a minimum of 4 rounds.
Contributors can opt-in at anytime but cannot change their tier preference for at least 2 months after opt-in in or changing their tier preference.
WDYT?
- Let’s do it!
- I have a different idea…
0 voters