Giveth / giv-token-contracts

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GIVpower farm notify reward #75

Closed aminlatifi closed 1 year ago

aminlatifi commented 1 year ago

GIVpower farm rewards will start October 04, 2022 16:00:00 GMT (Epoch: 1664899200)

The distribution is based on what mentioned in this doc

https://docs.google.com/spreadsheets/d/1neUUsppi4HZ5b0BlOUR60Vt2Hn-_e-hvoJeO20cTqyk/edit#gid=1057151186

image

Contract address: 0xD93d3bDBa18ebcB3317a57119ea44ed2Cf41C2F2

aminlatifi commented 1 year ago

The old program has replenished the contract on 1st October, so we will be between a 14-day rewarding round.

Round finishes on: October 15, 2022 6:00:50(Epoch: ### **1665813650) The farm reward rate for this round: 165343915343915343** (wei)

Therefore, at givpower start time this round leftover will be:

(1665813650 - 1664899200) * 165343915343915343 = 151198743386243385406350 (wei) = 151198.74338624338540635000 (GIV)

We must reduce this value from the first round reward which will be %2.16 (151198.74338624338540635000 / 70M) in percentage. So the first round percentage will be $5.46 - 2.16 = 3.30$ percent

@mohammadranjbarz Can you confirm my calculation?

aminlatifi commented 1 year ago

@divine-comedian

divine-comedian commented 1 year ago

https://blockscout.com/xdai/mainnet/tx/0x57c55ff031c179395bb3702cb777c3c300dab08967913aadc2e2353e12d548f2/

this passed already in the multisig

assign 6848801256613756614593650 (6848801.25661375661459365) from the tokenDistro to the GIVpower unipool (0x4d9339dd97db55e3b9bcbe65de39ff9c04d1c2cd)

aminlatifi commented 1 year ago

6848801256613756614593650

Looks good, thanks @divine-comedian

aminlatifi commented 1 year ago

Another proof of our math, GIVpower contract reward rate is 315736349733527507.

(315736349733527507 14 24 * 3600)/10^18 = 381914.68863767487246720000

We intended to pay 382000 GIV as reward in the first round and current value is so close to it