Stream was created 2 months ago on March 21, 2024 and topped-up for 3 months (8k/month = 24K) + 3 payments of 1100 per month for operational costs.
For simplicity, SP payment and operational costs will be handled separately as before (stream and payments from LlamaPay).
Stream top-up
The current active stream of 8k/month will be reused and will just require a top-up to cover the difference between June 21 and EOY. Amount per sec: 308641975308641975/1e20 = 0.00308641975 USDC/sec. There are 193 days from June 21 to Dec 31. The amount to top-up is then:
Same as last time, the $1,100 can be set as payments to unlock on a monthly basis. Payments for March, April and May have already been setup and vested:
Payments are needed for June, July, August, September, October, November and December. Total of $1,100 * 7 = $7,700.
NOTE: A decision on further extension or cancellation will be requird prior to EOY in order to apply the changes in time
sajanrajdev
commented
3 months ago
As per Badger council vote: https://discord.com/channels/1011322803414388897/1011333638044008548/1237795082753806386
Stream was created 2 months ago on March 21, 2024 and topped-up for 3 months (8k/month = 24K) + 3 payments of 1100 per month for operational costs.
For simplicity, SP payment and operational costs will be handled separately as before (stream and payments from LlamaPay).
Stream top-up
The current active stream of 8k/month will be reused and will just require a top-up to cover the difference between June 21 and EOY. Amount per sec: 308641975308641975/1e20 = 0.00308641975 USDC/sec. There are 193 days from June 21 to Dec 31. The amount to top-up is then:
193 days 24 hr/day 3600 sec/hr * 0.00308641975 USDC/sec = 51,467 USDC
Operational Cost payments
Same as last time, the $1,100 can be set as payments to unlock on a monthly basis. Payments for March, April and May have already been setup and vested:
Payments are needed for June, July, August, September, October, November and December. Total of $1,100 * 7 = $7,700.
NOTE: A decision on further extension or cancellation will be requird prior to EOY in order to apply the changes in time