name: BIP 8: Confirm DIGG Distribution
status: Rejected -> see BIP 14 for revised.
high level: Community feedback and ratification of proposal for initial DIGG distribution
This post is intended for the community to sign off on or provide feedback for the distribution of the total supply of DIGG on launch.
It was largely taken from here: https://badgerdao.medium.com/badger-early-contributor-program-e4b267087c03
- 40% Treasury (Immediately available)
- 40% Farming (over 8 weeks, proposal for Week 1 Emissions breakdown coming soon)
- 5% Founding Team (vested over 1 year)
- 15% Airdrop
The Airdrop will be distributed based on the square root of BADGER EARNED (distributed through the badger tree, claimed + unclaimed) so far.
This means a small staker from early on should get more DIGG than a whale depositing right before launch.
There will be a small (<1%) allocation for some nifty things that will need to stay under wraps until closer to launch
Please use the below polls to provide feedback on a couple points
- YES, let it rip
- NO, needs work
- Yes - 1 week
- Yes - 2 weeks
- Yes - 8 weeks
- 6250 (~130mil mktcap)
- 4687.5 (~94 mil mktcap)
- 3125 (~65mil mktcap)
- 1562.5 (!31mil mktcap)