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HarryGasWallet
Set up Season 3 INV Grants for DAO Contributors
Forum: https://forum.inverse.finance/t/season-3-inv-grants-for-dao-contributors/522
Background
The system for allocating INV grants is currently being redesigned, with seasonal INV grants being set up. Please see Season 2’s INV grant proposal for more details. Vested INV grants are an important part of contributor compensation, creating increased alignment with the DAO via ownership.
INV Grant Implementation
As with the previous season’s grant, Season 3 grants will run for the length of the season (6 months), with a start date of November 1st, 2024. The grants will be cancellable, ensuring that they can be seamlessly replaced by the redesigned INV grant contracts if delivered during the season. A reduced xINV/year rate is being used compared with season 2, this is in order to stop dilution from grants exceeding a ~3% per annum rate:
| Band | xINV/year (season 2) | xINV/year (season 3) |
|---|---|---|
| A | 278 | 268.8 |
| B | 230 | 222.4 |
INV Grant Amounts
Using the current xINV:INV exchange rate of 7.829
| Contributor | WG | Band | FTE | xINV/Year | INV/Year | INV/season |
|---|---|---|---|---|---|---|
| Patb | GWG | A | 1.0 | 269 | 2,105 | 1,052 |
| Alien | PWG | A | 1.0 | 269 | 2,105 | 1,052 |
| 0xMT | PWG | A | 1.0 | 269 | 2,105 | 1,052 |
| Tabboz | PWG | B | 1.0 | 222 | 1,741 | 870 |
| Nour | PWG | A | 1.0 | 269 | 2,105 | 1,052 |
| Naoufel | AWG | B | 1.0 | 222 | 1,741 | 870 |
| Cryptoharry | TWG | A | 1.0 | 269 | 2,105 | 1,052 |
| Karm | RWG | B | 1.0 | 222 | 1,741 | 870 |
| Edo | RWG | B | 1.0 | 222 | 1,741 | 870 |
With the following breakdown for each working group:
| Working Group | INV/Season |
|---|---|
| PWG | 4,026 |
| RWG | 1,740 |
| GWG | 1,052 |
| TWG | 1,052 |
| AWG | 870 |
| Total | 8,740 |
On-Chain Actions
- Approve 8740 INV to be spent by invGrantFactory contract
- Deploy a cancellable INV grant contract of Y INV to contributor W, with a start date of November 1st 2024, and an end date of May 1st 2025
Actions
« Deploy a Cancellable XinvVester for PatB:
1,052
INV vested for 181 days with a starting date of Nov 1st 2024 »)
« Deploy a Cancellable XinvVester for TheAlienTourist:
1,052
INV vested for 181 days with a starting date of Nov 1st 2024 »)
« Deploy a Cancellable XinvVester for 0xMT2:
1,052
INV vested for 181 days with a starting date of Nov 1st 2024 »)
« Deploy a Cancellable XinvVester for Tabboz2:
870
INV vested for 181 days with a starting date of Nov 1st 2024 »)
« Deploy a Cancellable XinvVester for Nour:
1,052
INV vested for 181 days with a starting date of Nov 1st 2024 »)
« Deploy a Cancellable XinvVester for Naoufel:
870
INV vested for 181 days with a starting date of Nov 1st 2024 »)
« Deploy a Cancellable XinvVester for CryptoHarry3:
1,052
INV vested for 181 days with a starting date of Nov 1st 2024 »)
« Deploy a Cancellable XinvVester for Edo3:
870
INV vested for 181 days with a starting date of Nov 1st 2024 »)
« Deploy a Cancellable XinvVester for Karm4:
870
INV vested for 181 days with a starting date of Nov 1st 2024 »)
Proof of Reviews
Members allowed to make Drafts can sign the fact that they reviewed the Draft Proposal
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For Votes
2 voters
119.33k votes
0x759a...f430
97.29k
CryptoHarry
22.04k
Against Votes
0 voters
0.00 votes
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