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AirSwap Improvement Proposals
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AIP 74: Update Contributor Rewards #76

Open agriimony opened 2 years ago

agriimony commented 2 years ago

Summary

Specification

  1. The total dynamic rewards (as defined in AIP 71 ) will be split according to the number of contributors in each circle:
    • AirSwap Tech - developer and designer crew
    • AirSwap Growth - delivery and direction crew
  2. Contributors to AirSwap Tech will be weighted 40% more highly than contributors to AirSwap Growth.
  3. For example, if AirSwap Tech and AirSwap Growth both have 10 contributors each
    • Total Dynamic Contributor Rewards = $30K
    • AirSwap Tech weight = 1.4 * 10 = 14
    • AirSwap Growth weight = 1 * 10 = 10
    • AirSwap Tech Rewards = 14/(10+14) * $30K = $17,500 ($1,750 per contributor)
    • AirSwap Growth Rewards = 10/(14+10) * $30K = $12,500 ($1,250 per contributor)
  4. If a contributor contributes to both circles, they will be counted as a contributor in both (with the respective weighting)
    • Contributors should be aware if someone is participating in both circles and allocate their GIVE accordingly

Rationale

AIP 71 defined a split of 60:40 between the developer team (now renamed to AirSwap Tech) and delivery team (now renamed to AirSwap Growth). However, during the course of allocations we realized that this did not take into account the number of contributors (previous epochs had roughly the same number of contributors in each group).

In the September cycle, we had 11 contributors in Tech and 6 in Growth. For that epoch, the contributors to the Growth circle voluntarily donated back 25% of their rewards to the Tech circle. To prevent similar scenarios from re-occuring, we propose to update AIP 71 to take into account the number of contributors while maintaining a higher weight for the Developers and Designers. With the updated split specification, the AirSwap Tech circle should receive on average 40% more than the AirSwap Growth circle.

Copyright

All proposals are public domain via CC0