Governance Proposal: Platform Incentives Distribution (Round 1)

Introduction

Following our earlier decision to reallocate part of ecosystem rewards to create a “Platform Incentives” pool in the proposal, this proposal outlines the specifics of the Round 1 of distributions aimed at rewarding meaningful contributions on the Gitopia platform.

Distribution Details

  • Total Distribution: 1,800,000 LORE tokens.
  • Cutoff Date: Contributions up to February 9th are taken into account for this round of distribution
  • Distribution File: An attached JSON file lists eligible addresses and their reward amounts, based on their contributions.

Criteria for Rewards

Rewards were determined by:

  • Contributions to Gitopia, with a focus on bounties and PRs.
  • Active collaboration on the platform.

Exclusions include:

  • Team member addresses.
  • 1038 accounts deemed non-genuine and removed from eligibility.

Objective

This distribution aims to reward and encourage genuine, valuable contributions to Gitopia, clearly demonstrating our commitment to community-driven growth and collaboration.

Background and Next Steps

This distribution follows the strategic reallocation from “Ecosystem Rewards” to “Platform Incentives,” focusing on enhancing user engagement, contribution quality, and platform growth. The manual approach allows us to address potential risks like spam and refine our disbursement metrics based on community feedback. Next steps Include

  • Feedback Period: Four days of community discussion on the forum, followed by a voting phase.
  • Future Automation: Insights from this manual distribution will inform the development of an automated disbursement system, as initially planned.

Call to Action

We invite the community to review this plan, provide insights and feedback during this period, and cast their vote once the voting period begins. This collaborative effort is crucial for fine-tuning our approach to incentive distribution and ensuring our platform remains a vibrant ecosystem for open-source collaboration.

Conclusion

By initiating this first distribution, we’re taking a concrete step towards realizing the goals set out in the initial proposal—enhancing Gitopia’s ecosystem through direct, meaningful incentives. Your engagement and feedback are vital as we embark on this journey together, shaping a future where Gitopia thrives as a hub for innovation and collaboration.

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3 Likes

Many Thanks. We hope with this program, community will be back and use gitopia as source code repository and used in their daily. Keep up…

2 Likes

We received a few concerns about the possible dump after releasing this amount. While I’m not concerned about it since most of you already have skin in the game and these rewards symbolize open-source incentivization that no other platform is doing, I would like to discuss and address it. What do you think,

  • Release it in full
  • Vest it linearly for 6 months

Future rounds would be based on much stricter evaluation and automatic leaderboard criteria. Would love to know your thoughts here

1 Like

Vest it linearly for 6 months and able stake, is good options.

1 Like

After carefully working out the implementation details, we have concluded that the vesting in existing accounts with the ability to stake cannot be done without an overhaul of the accounts module of the cosmos-SDK by forking it. Although this would be a good addon for future distributions, it would take substantial effort to implement which would delay this distribution. So for now, what do you think about manual linear monthly disbursement for 6 months with a 1.25x multiplier applied initially as a whole?

To keep a holistic view of the discussion in the forum,


Adding a screenshot of the discussion in Discord on this proposal.