Table of Contents

Issues

GitHub - CommonsBuild/coordination: The Coordination repo issues serve to coordinate all the work across the Token Engineering Commons (TEC)

Details

Open questions

• Offboarding inactive members, how?

• How much funds should we dedicate to each rewards round?

  • Rewards Rounds, alt 1

    • Maintain the $285 per day even though we don’t have any SourceCred data until May.

      

  • Rewards Rounds, alt 2

    • “Save” 25% of the daily budget and to a megadistributution for SourceCred in May.

      

• How keep track of payments?

  • Members that have not yet activated get no payout
  • Mitch - Create spreadsheet with a tab for every round, keep track of quantifiers and quants done - calculate rewards, create CSV file and drop into Transfer app on Reward Board DAO

• Post the quant parameters to the forum

  • Who does the post?
  • mitch - master of transparency? I nominate Zeptimus bit I’m also happy to do it

Decisions

• How much tokens to allocate per period?
  • Reward Board manages ca 55 000 TEC = ca $118 000
  • Funds should last to the end of June
  • Fixed amount per day
    • $285 per day until funds run out
    • July 12, 2021 to June 30, 2022 is 353 days
    • 353*285 = $100 605
• How much to allocate to SC and Praise respectively?
  • 75% / 25%
• How much to allocate to Reward Board, Quantifiers, and Contributors
  • Reward Board: 3%
  • Quantifiers: 7%
  • Contributors: 90%
  • Examples:
    • Full month allocation, August 2021: $8550
    • Quantifiers: 8550 * 7% = 598 / 21 = 28,5
    • Reward board: 8550 * 3% = 256 / 9 = 28,5

Related links and docs

Aragon

https://github.com/CommonsBuild/tec-rewards-rounds

Meeting notes

April 20 - Nuggan, Zeptimus, Kristofer

• What token to calculate the distribution in?
  • Calculate distribution in TEC to ensure we don’t run out of funds.