Rewards Working Group Proposal

Hey Mitch, sorry for the delay, it was a bit hectic for two weeks but I got those numbers now.

Here’s a table with the GIV allocation and the actual number distributed per round for all the rewards distributions so far:

Round Dates GIV Distributed GIV Allocated
Round 1 01 November 2021 and 14 November 2021 47942 58000
Round 2 15 November 2021 and 14 December 2021 59276 116000
Round 3 15 December 2021 and 14 January 2022 74500 116000
Round 4 15 January 2022 and 14 February 2022 49933 116000
Round 5 16 February 2022 and 14 March 2022 65036 116000
Round 6 15 March 2022 and 14 April 2022 88577 116000
Round 7 15 April 2022 and 14 May 2022 77994 116000
Round 8 15 May 2022 and 14 June 2022 96610 116000
Round 9 15 June 2022 and 14 July 2022 103186 116000
Round 10 15 July 2022 and 14 August 2022 91515 116000
Round 11 15 August 2022 and 14 September 2022 85172 116000
Round 12 15 September 2022 and 14 October 2022 74138 116000
Round 13 15 October 2022 and 14 November 2022 78424 116000
Round 14 15 November 2022 and 14 December 2022 56356 116000
Round 15 15 December 2022 and 30 December 2022 25338 58000
Total 1073997 1624000

So we can see that we’ve spent around 66% of the total GIV allocated for the rounds between November 21’ and December 22’.

Considering that the total amount available for rewards distribution is 35 million GIV we have only spent around 3% out of this total for distributing rewards a little bit over 1 year.

For this next season the max amount projected to be used will still be 116k GIV per month.

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