Q2 2022 Contributor Vesting Distribution

Q2 2022 Vesting is ready for review! This is for contributors active consistently from October 1st 2020 through until July 1st 2022.

Amounts have been calculated using the approved method. Where it wasn’t clear I used my best discretion based off of praise data, nrGIV held, role proposal information (or lack thereof) and feedback given in this post.

Here’s a quick summary of our parameters:

Vesting Parameters:

  • Praise Funding - 10%
  • SoureCred 0%
  • Total Vesting withheld - 41.58%*
  • Vesting Distributed - 48.42%*
  • Max variance (current contributor vs. future contributor schedule) - 20%
  • nrGIV Factor - 0.8
  • Hours worked factor - 1
  • 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

*We withhold a certain percentage of the total amount available of GIV per vesting round based on the amount of contributors, this is to prevent over distribution of GIV. The GIV not distributed is held in the token distro and will be available for future contributor reward programs.

The total amount of vesting to be distirbuted is 3,383,724.87 GIV. Here’s the breakdown of amounts to each recipient**:

Name Amount of GIV
Griff 201772.18071753273
Lauren 191385.1885361196
Amin 171565.19838068885
Mateo 170284.87210608445
Ashley 168678.4712521732
Mohammad 155703.20423277526
MoeNick 155703.20423277526
Ramin 155703.20423277526
Cherik 155703.20423277526
Carlos 155703.20423277526
Mitch 145971.7539682268
Kay 136240.30370367836
Marko 131886.9045375389
Mo 120021.21992943094
Freshelle 107045.952910033
Rodri 107045.952910033
Cotabe 103802.1361551835
Suga 103802.1361551835
Dani 103430.8588832181
Alireza 90826.86913578556
Ahmad 81095.41887123713
Willy 77851.60211638763
Yass 68120.15185183918
Heather 68120.15185183918
Pavle 58388.70158729073
Nikola 58388.70158729073
Giantkin 48657.25132274228
Tossynee 45413.43456789278
Moeshehab 45413.43456789278

**These amounts will be subject to the GIVstream meaning you will be able to claim ~23% immediately and the rest will be added to your GIVstream.

With Great GIV comes Great Responsibility… :superhero:

GIV respresents your gateway into community decision making, the more GIV, the more voting power you have in our governance tools such as the GIVgarden, Snapshot, Tokenlog and soon GIVpower. Put thought into how you might use this GIV being vested to you.

Calculation Method

I used the vesting simulator spreadsheet that @cotabe and myself collaborated on. Please review this section that your hours worked tier (based on role proposals or absence of) and nrGIV distributions are correct.

Current vs. Future Contributor

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.

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:star: Please Review this information for mistakes I may have made. :star:

Check on the sheet Q2 2022 Final that I have your correct address for distribution.

@yass @alireza7612 @hanners717 @Tossynee @MoeShehab need to provide me addresses since they have never requested nrGIV, please DM me that information so you don’t miss out!

After minimum advice process has been met I will move forward with creating the scripts to allocate the vested tokens to your GIVstreams!

9 Likes

I followed up the general methodology and numbers. It all looks good. But I can’t know the specifics of NRGIV distributions or hours worked per contributor.

I think there might be a mistake pumping my distribution. I think I still have 0 NRGIV distros. So my score should be 4.

I can see you have one nrGIV distribution from Q2 - so your score is 1 (out of 7). The amount should be correct? DM me if maybe there’s a misunderstanding of the method. I found some fixes as well, we forgot @clara_gr ! and the nrGIV withheld was incorrectly calculating the amount of contributors.

Here’s the updated amounts:

Amount to Distribute: 4,404,539.01 GIV

Amount Withheld: 1,871,929.08 GIV

Claire’s Vesting: 105,776.63 GIV

2 Likes

Oh you are right!!! YEIII !!! Even better