Addendum: SLURP-40 | Establishing BUILD Reward Distribution Season Genesis for stake.link

Proposed Addendum to SLURP-40 Eligibility Criteria: Stake Calculation Method

Context: To finalize the BUILD Reward Distribution outlined in SLURP-40 and ensure a timely go-live for Season Genesis, a decision is required on the method used to determine the eligible stake amount for participants (Season Genesis only).

Proposal: The DAO must decide between two methods for calculating the stake amount used for determining eligibility and/or distribution weights for Season Genesis:

Option 1: Time-Weighted Average Stake Calculate the average stake held by participants over a defined period. Snapshot/Cutoff Date: Use data up to March 31st, 2025, to calculate this time-weighted average. Option 2: Status Quo Stake Snapshot Use the amount of stake held by participants at a specific point in time. Snapshot Date: Use the stake data as of May 5th, 2025 (coinciding with the date of the related Chainlink blog post). Curve LPs Treatment: Curve LPs eligbility will be calculated based on total amount of tokens in pool (LINK and stLINK) divided by 2 incase of an imbalance.

Rationale for Urgent Decision: A swift resolution on the stake calculation method is crucial for the stake.link team and DAO to proceed with the technical implementation and distribution process without delay for Season Genesis.

Call to Action: We urge the stake.link community and DAO members to discuss, so the Council can vote on these two options promptly (within 36hrs) to establish the definitive stake calculation method for the SLURP-40 BUILD reward distribution.