Q3 2023 Vesting Distribution

Q3 2023 Vesting is ready for review! :mag: This is for contributors active consistently from October 1st 2020 through until October 1st 2023. (If you were on a trial period during Q3 2023, July - October, you are not eligible for this distribution, but another is coming up in a few months so stick around!).

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

Here’s a summary of our parameters:

Vesting Parameters:

  • Future Rewards Program Funding - 10%
  • Total Vesting withheld - 20.53%*
  • Vesting Distributed - 69.47%*
  • Max variance (current contributor vs. future contributor schedule) - 20%
  • nrGIV Factor - 0.7
  • Hours worked factor - 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.

Tier Calculation Changes :bar_chart:

In previous distributions we calculated the worked tier based on weekly hours, but with the assistance of @freshelle we now calculate monthly hours based on the average you worked during the given quarter and/or the hours you agreed in your work agreement with Giveth.

There is no changes to the hours required to achieve a given tier, we only scale it up to be looked at on a monthly basis instead of weekly. Here’s the revised numbers:

Monthly Hours (Quarter Average) Tier
GIVaholic = 170+ 5
Full Time = 135-170 4
Part time = 76-134 3
Part part time = 30-75 2
Casual = 4-29 1


The total amount of vesting to be distributed is 4,737,237.84 GIV among :three: :three: contributors. Here’s the breakdown of amounts to each recipient**:

Name Amount
Griff 201,772.18
Amin 171,565.20
Mateo 170,284.87
Marko 131,886.90
Lauren 223,947.35
Ashley 196,664.42
Mitch 169,381.50
Mohammad 188,706.90
Kay 150,056.09
Dani 103,430.86
Moenick 188,706.90
Ramin 188,706.90
Cherik 180,749.38
Freshelle 126,183.53
Carlos 180,749.38
Rodri 118,226.01
Cotabe 156,876.82
Mo 180,749.38
Giantkin 82,985.57
Suga 156,876.82
Alireza 156,876.82
Nikola 129,593.90
Tosin 102,310.97
Yass 75,028.05
Jake 67,070.53
Nico 94,353.45
Heather 118,226.01
Ahmad 129,593.90
Moeshehab 129,593.90
Franco 113,678.86
Almond 133,004.26
MaryJaf 133,004.26
Algene 86,395.93
Total 4,737,237.84

**These amounts will be subject to the GIVstream meaning you will be able to claim ~44% 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 now 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), your ETH Address(taken from your nrGIV address), and amount of previously eligible nrGIV distributions are correct.

Current vs. Future Contributor

When we launched the GIVeconomy at Christmas 2021 we set a vesting amount for the present team at the time of launch. These became defined as Current Contributors (horrible naming). They were to have a fixed amount of vesting quarterly for the next 2.5 years. As we continued to grow the Current contributor vesting amounts vs. the Future Contributor (anyone that joined the team post-GIVeconomy launch) the amounts began to be a bit skewed. When we built out the final version of vesting calculations we decided if there was a varaicne greater than X % (currently 20%) we would switch to calculate them using the same method as Future Contributors to keep things fair and consistent.

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.

GIV Vesting is approaching its end!

According to the plan outlined ~2 years ago we planned to make 10 total vesting distributions, this is distribution number :eight: (man, I’ve been doing this a long time) - according to the original plan our final vesting distribution will be Q1 2024.

You can find this information here:

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

Check on the sheet Q3 2023 Final that I have your correct address for distribution.

Check your eligible distributions and check that your tier is correct!


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


I feel so lucky I was onboarded during this period to be able to claim such a benefit! Thanks @mitch for doing this task with such a great responsibility. :heartbeat:

Q3 vesting has been distributed!

If you were eligible you can claim your GIV tokens from your GIVstream here: