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Incentives for Protocol Usage April to December, 2024


ID 104396...1740

ID 104396...1740

Proposed on: Dec 10th, 2024

Proposed on: Dec 10th, 2024

Result details
Final Votes

Quorum

9.25K of 20K

Majority support

Yes

For

9.25K

Against

0

Abstain

0

Actions

Type

Address

Details

Custom

0x000D...939c

approve(..)

Custom

Account

0x000D...939c

Method

approve(..)

Custom

0x8BB4...36Fd

acceptConditions(..)

Custom

Account

0x8BB4...36Fd

Method

acceptConditions(..)

Custom

0x8BB4...36Fd

createCampaign(..)

Custom

Account

0x8BB4...36Fd

Method

createCampaign(..)

Proposal

Discussion

Close the Bolts program and distribute ODG incentives using Merkl.xyz

See forum discussion https://commonwealth.im/open-dollar-governance/discussion/25865-second-attempt-closing-the-bolts-program-and-distribution-of-rewards

Budget

Total budget: 35,000 ODG (5% of the community budget) + Merkl.xyz fee 175 ODG

Distribution:

142 users divided into 4 tiers. Users with less than 10,000 Bolts were not included. Thes parameters were chosen to engage more active users and encourage them to continue community participation and contribution.

  1. Top 14 addresses - 1000
  2. Next 22 - 477.2727
  3. Next 35 - 200
  4. Last 71 - 49.2957

Bolts earned list: Github

Airdrop list: Github, IPFS

Contract Interaction

  1. Approve tokens to Merkl contract
  2. Agree to the Merkl ToC here https://app.merkl.xyz/merklTerms.pdf
  3. Create the campaign using the IPFS Airdrop file above
Final Votes

Quorum

9.25K of 20K

Majority support

Yes

For

9.25K

Against

0

Abstain

0

Final Votes
Status

Tue Dec 10, 11:06 pm

Published onchain

Sat Dec 14, 08:18 am

Voting period started

Mon Dec 16, 08:18 am

Voting period ended

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