First of all… let’s all take a moment to recognize that Giveth QF rounds would not be possible without the amazing Quadratic Force.
Because of these heroes, numerous public goods projects have received funding in a fair and inclusive way that captures community preference!
These guys deserve to get rewarded right???
Often times, the contributions of the Quadratic Force are not sent to Giveth through the UI. This may be for various reasons like wallet incompatibility, DAO processes, convenience, etc. Because of this, there were a few sponsors that weren’t automatically included in the GIVbacks calculation.
We have gone back and collected all of the addresses of sponsors that have not yet received GIVbacks so that we can now retroactively reward them!
Because these contributions were made during GIVbacks rounds that have already been finalized, we have chosen to use GIV tokens left over from previous rounds that didn’t use all of the 1M GIV allocated.
To keep things simple, it was decided to reward at a rate of 60% of the contribution value calculated using the current GIV price (USD 0.01255). The rewards will be sent on Optimism Network.
Here’s what it will look like:
| Sponsor | Address | Total Contributions (USD) | GIVfactor | GIVbacks |
|---|---|---|---|---|
| Public Nouns | 0xda04c025F4d8Ac555Fdb3497B197D28FCEcf4d41 | 20,814 | 0.60 | 995,091.6335 |
| Aragon Project | 0xD6B270DFEE268B452c86251Fd7e12Db8dE9200FB | 6,000 | 0.60 | 286,852.5896 |
| Glo Dollar | 0x1bbfc95b826693bf17665f36a66ac9c389b7e581 | 1,500 | 0.60 | 71,713.1474 |
| Jordi Baylina | 0x1DBA1131000664b884A1Ba238464159892252D3a | 1,000 | 0.60 | 47,808.7649 |
This means that we will distribute a total of 1,401,466.1354 GIV to these superstars!
This forum post will stay up for 48 hours for advice process before finalizing the distribution. Please leave any comments or concerns you may have during this time.
Claim GIVbacks! -