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Breaking down @BadgerDAO's $DIGG Distribution Model covering who will be eligible for airdrop, what the variables are, and the rationale for this #Badger model
Parameters:
1. Earned Rewards
2. Badger Stake Days
3. Badger Stake Days / Earned Rewards Ratio
4. Root
Thread:
Parameters:
1. Earned Rewards
2. Badger Stake Days
3. Badger Stake Days / Earned Rewards Ratio
4. Root
Thread:
0/Ultimately, every staker on http://app.badger.finance will be eligible for $DIGG, one of, if not the first, elastic supply (rebasing) token pegged to Bitcoin in the space. However, through community feedback, we've designed mechanisms to make the distribution as fair as possible.
1/Earned Rewards
This refers to Total BADGER an address has earned through the Badger tree. Rewards are based on weekly emissions and accrued multiplier.
We used this to measure how much an address has supported Badger by using our Sett products.
Reward the users!
This refers to Total BADGER an address has earned through the Badger tree. Rewards are based on weekly emissions and accrued multiplier.
We used this to measure how much an address has supported Badger by using our Sett products.
Reward the users!
2/Badger Stake Days
This refers to (Total BADGER & BADGER LP staked x the days it has been staked).
This measures how supportive an address was to the Badger token itself. The distribution covers the entire history of Badger.
Reward the $BADGER token supporters!
This refers to (Total BADGER & BADGER LP staked x the days it has been staked).
This measures how supportive an address was to the Badger token itself. The distribution covers the entire history of Badger.
Reward the $BADGER token supporters!
3/Badger Stake Days/Earned Rewards Ratio
This ratio accounts for how supportive an address is in staking BADGER tokens relative to amount of rewards it has earned over time.
This ratio measures whether addresses farm-dumped vs staked over time.
Reward the most loyal Badgers!
This ratio accounts for how supportive an address is in staking BADGER tokens relative to amount of rewards it has earned over time.
This ratio measures whether addresses farm-dumped vs staked over time.
Reward the most loyal Badgers!
4/Root
1.75 root is applied to Earned Rewards for relative distribution. A more equal/wide DIGG dist. will benefit DIGG as a product, increasing its store of value capacity
A linear distribution would be highly detrimental for an elastic supply product
Reward the Community!
1.75 root is applied to Earned Rewards for relative distribution. A more equal/wide DIGG dist. will benefit DIGG as a product, increasing its store of value capacity
A linear distribution would be highly detrimental for an elastic supply product
Reward the Community!
fin/
Read about all this and more in http://forum.badger.finance and on https://discord.gg/bVVKEdtd . We made this model above, based on 1,000+ comments, in hopes of setting a precedent that puts the sustainability of the DAO and the community first. We're here for the long run!
Read about all this and more in http://forum.badger.finance and on https://discord.gg/bVVKEdtd . We made this model above, based on 1,000+ comments, in hopes of setting a precedent that puts the sustainability of the DAO and the community first. We're here for the long run!
