Authors : inkl
Summary
They have already contributed to the growth of Goldfinch.
They are already well-deserving of rewards.
However, there is a slight penalty for escaping.
Motivation
Early senior pool contributors should be compensated for the risk they took and work they did.
Specification & Requirements
-
Who gets rewarded
Deposited USDC to the senior pool after 2020.12.02 and held less than 1 FIDU at the time of 2021.12.14 snapshot -
How are the rewards calculated?
Retention period after depositing USDC * Amount / 378 (2020.12.02 ~ 2021.12.14(first deposit ~ snapshot)) * 1.5
Example
2021.01.01 : 10,000 USDC deposit
2021.01.31 : 10,000 USDC withdrawal
300,000 / 378 * 1.5 = 1,190.47 GFI
Benefits
Early contributors are happy.
The goldfinch team doesn’t feel bad.
More active governance voting
Downside
GFI price down
Voting
“Yes” - Recognize their contributions and reward them.
“No” - Their contribution doesn’t matter. My GFI matters. Don’t reward them.
Looking forward to more suggestions and rebuttals.