As per our consensus and #102, pay @C3ETH/c3eth-team remuneration for [MONTH] 2022. Perform the payment in one transaction for transparency and accountability purposes.
Links above document the expenses and the two associated transactions.
Coin marketcap 7-Day rate
For Payment we use a simple seven day average to devise the payment conversion rates at the approximate time (within 30mins of) the payments being made. The USD/ADA rate is calculated using the following data points from Coinmarket Cap 7D prices. The intention is to smooth out fluations in the USD/ADA exchange rates.
ADA-7DA = (7DOPEN + 7DCLOSE + HIGH + LOW) / 4
Where: 7DOPEN, 7DCLOSE, HIGH, LOW are USD/ADA prices. HIGH and LOW are the Coinmarket Cap 7d Low/High, and the 7DSTART and 7DCLOSE are taken from the seven day window of the chart below.
As per our consensus and #102, pay @C3ETH/c3eth-team remuneration for [MONTH] 2022. Perform the payment in one transaction for transparency and accountability purposes.
Transaction Details
Links above document the expenses and the two associated transactions.
Coin marketcap 7-Day rate
For Payment we use a simple seven day average to devise the payment conversion rates at the approximate time (within 30mins of) the payments being made. The USD/ADA rate is calculated using the following data points from Coinmarket Cap 7D prices. The intention is to smooth out fluations in the USD/ADA exchange rates.
Where: 7DOPEN, 7DCLOSE, HIGH, LOW are USD/ADA prices. HIGH and LOW are the Coinmarket Cap 7d Low/High, and the 7DSTART and 7DCLOSE are taken from the seven day window of the chart below.