PASSED: Vesting Params for the Current Contributors

[hannahjojo]

And here’s what I thought about Mitch’s post:

@mitch

Even if you’ve been in blockchain for the last year you can see the pace at which things move, it is lightning fast, innovation and development is rapid and constantly changing direction.

For that reason I am strongly in favour of reducing the vesting length. My actual preference would be as low as 1.5 years but I consider the sentiments around discussions I’ve heard so 2 years is an acceptable compromise for my part.

I think this is a very important call out and I agree with Mitch here. I think blockchain does move very quickly and that is an important aspect of the space which might require an adjusted vesting schedule.

@mitch

Our token also is especially unique granting yield farming and community governance superpowers. As a current full-time contributor I would like to have the opportunity to adequately leverage the GIVeconomy in all its glory, especially at the beginning when it is the most exciting (and the most rewarding).

I agree here as well. The beginning of the period is where we may see the most exciting part of yield farming and community governance superpowers. Which makes me more in favor of a larger percentage to begin with for current contributors.

@mitch

For this reason I would suggest AT LEAST doubling the intial drop to 40%.

I don’t see this as unreliable either, in my opinion, due to the reasons discussed here and in Mitch’s comment.

Thanks for the proposed vesting schedule Mitch, and the thoughtful insight. I think you brought up some very good points I hadn’t thought of before that we should be considering.