Following the outcome of the contributor vesting spec and the subsequent ratification vote
we’re ready to calculate and distribute our overdue vesting distribution for Q1 2022. Here’s a quick refresher on our parameters:
Initial Vesting Distribution (Q1 2022):
Praise - 10%
SoureCred 0%
nrGIV Sequester - 50%*
nrGIV and Hours worked - 40%*
Max variance (current contributor vs. future contributor schedule) - 20%
nrGIV Factor - 0.8
Hours worked factor - 1
Retroactive Praise - from implementation (March 2021)
Hours worked Tiers:
Hours
Tier
GIVaholic = 40+
5
Full Time = 30-40
4
Part time = 18-30
3
Part part time = 7-18
2
Casual = 1-7 hours
1
Distribution Calculation
We’re set to distribute 2,546,507.59 GIV, here’s a list of recipients and amounts:
Contributor
GIV to Receive*
Griff
201,772.18
Amin
171,565.20
Mateo
170,284.87
Marko
131,886.90
Lauren
207,555.16
Ashley
182,648.54
Mitch
157,741.92
Mohammad
166,044.13
Kay
149,439.72
Dani
103,430.86
Moe Nick
166,044.13
Willy
96,042.94
Ramin
149,439.72
Cherik
149,439.72
Freshelle
124,533.10
Carlos
149,439.72
Giantkin
41,511.03
*This amount will be subject to the GIVstream so from those amounts only ~20% will be immediately claimable.
Calculation Method
I used the vesting simulator spreadsheet that @cotabe and myself collaborated on. Please check this section that your hours worked tier (based on role proposals or absence of) and nrGIV distributions are correct.
On the sheet labelled Current or Future we can see the proposed future contributor distribution against what the “current contributors” would normally have received, any difference % greater than 20% is assigned the future contributor amount according to the Max Variance parameter.
Take some time to review that the information is correct. After minimum advice process has been met I will proceed to create the vote to transfer the funds from the nrGIV to the aforementioned contributors.
Following the GIVernance call we need everyone to send the GIV they received back and try this again…
The following people need to send GIV to the token distro (0xc0dbDcA66a0636236fAbe1B3C16B1bD4C84bB1E1) on Gnosis Chain so it can be streamed back to them:
*Please save your transaction hash once you send the GIV to the token distro (0xc0dbDcA66a0636236fAbe1B3C16B1bD4C84bB1E1) on Gnosis Chain and send the link to @missgene.
Done Tx link @mitch you had sent GIVs to this address 0x2Ea846Dc38C6b6451909F1E7ff2bF613a96DC1F3 but you wrote my other wallet address above, please edit the table