BIP 14: Digg Distribution Overview

because we can’t claim and re-stake $badger earned from cover protocol, can community members get confirmation that $badger earned from shield mining is taken into account when factoring in user $badger holdings? @Mr_Po @Spadaboom @jonto @UnlimitedPower @Justsomeguy

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Its a good question and I don’t have the answer.

My opinion is that shield mining should not be included in the Digg airdrop. It’s a secondary market and doesn’t add to Badger’s TVL.

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will it make a big difference anyway ?

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Overall I lost money shield mining. I still don’t think it should be included in the airdrop.

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Finally DIGG
a fair airdrop

i was earning $badger from shield mining, claiming from cover, then depositing and staking it in $badger on a regular basis prior to the hack. just asking if the $badger that i’m earning and can’t claim is still being counted as unclaimed $badger earned @Spadaboom @Mr_Po @DeFiFrog @jonto

when and what time will be the distribution?

I voted yes on the snapshot because I thought my address might get punished for voting no, even though it didn’t really matter since votes were overwhelmingly for yes.

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You gotta vote for what you believe in. Any good governance needs the ability for people from both sides of the aisle to have a say and vote with impunity. Maybe I should add something to this effect to my governance post.

We can’t have people clicking buttons and going with the majority just because. And especially not because of fear of possible repercussions.

That being said I look forward to this distribution and support it. It’s only 14.5% of the total so a healthy and diversified distribution is wise.

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Couldn’t agree more @housemobile - good governance will take time and effort to build.

However, as more and more people recognize that governance drives the end economics, I expect more and better participation in DAO government.

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Greetings Badger community.

One thing I would like to encourage when trying to put up a proposal for polling/action is to provide at least a basic dataset as an ‘example’, say in a spreadsheet for everyone to see so voters via looking at the difference in results in such a spreadsheet can make fully informed decisions.

I took a partial snapshot just to get a basic look at how sqrt might affect a airdrop distribution and generally it looked reasonable. I have no real clue what this would look like across all the setts nor the specific details. There seems to be an element of secrecy around this airdrop, designed so it can’t be gamed. I this think contradicts with the idea of transparency in governance that does a disservice to those participating in governance.

As such it makes it hard for me to vote and/or make realistic suggestions when I can’t even see some basic data to get a feeling for implications of the choices on the entire community vs. just trusting a few to make a decision and me saying yes/no. This is particularly important during a discussion phase vs. the voting phase.

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THIS 100%!!!

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you are welcome here and so is your opinion. i respect your input and so does everyone else @bajja voting is an important part of dao governance, thank you for sharing your thoughts

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This is very well articulated feedback, and something we have thought about as well. We actually had this kind of sample view available for different wallet sizes (X number of wallets are receiving Y number of DIGG) and the distribution that for the entire data set.

However, during the final hours of discussion, we made a couple changes such as:

Because of these two additional levels of security, the sample overview we had was invalid, and unfortunately, the spreadsheet owner, due to holidays, was not available to make the changes readily presentable on this BIP.

Rest assured that:

  1. the airdrop was actually already very fair/widespread before these changes
  2. these two additional changes made Sybil resistance and Digg distribution even more fair/equitable.

Hope this helps clear up the concerns around in-transparency.

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Does more fair/equitable mean more or less pro-rata?

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I moved my badgers even when someone has collected all 6 NFTs because of this tweet: https://twitter.com/BadgerDAO/status/1338852508844769281?s=20

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As the time gets longer, her excitement may go away.

for me its fine, because of this

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The root only applies to the EARNED portion right? Meaning only 55% of the distribution is subject to root, but the

  • Badger Earned / Badger staked ratio (35%), and
  • Badger tokens Staked Over time

are not rooted?

Please confirm.

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I think we should hold off this Digg Launch until BTC stabilizes a little.