Proposal title: Retroactive Backer Distribution Proposal #4 (Same as #3 with ammendment)
Proposal authors: Blake West and Mike Sall, co-founders Warbler Labs
Summary of proposal [This is a summary of the proposal as copied from the proposal on gov.goldfinch]
Building on the proposal by @velvetdoctor and @Freedom15, and using the “capped” concept in the proposal by @CognitiveLiberty (which is also how the LP airdrop worked), this proposal suggests that Goldfinch allocates a separate retroactive reward % to Backers, as well as implements on-going liquidity mining for Backers. See full data behind the proposed airdrop here: https://docs.google.com/spreadsheets/d/1zYEHLx1lOQSEfBSyCp1WFWIPKon4PD5kF4dod7Bhl4I/edit#gid=800477816
More concretely, this proposal suggests two things for consideration by the community:
1.66% for the retroactive Backer airdrop to give them 2X APY’s of the LP airdrop . This is broken up into 4 “parts”. A “capped” reward, an “uncapped reward”, a “risk bonus”, and “theoretical liquidity mining” for the pools already contributed to, but which will not be able to participate in Backer Liquidity Mining once it is turned on. Each item is explained in detail below. Allocating 2% for Backer Liquidity mining, to be activated as soon as possible . This proposal also explains how Backer Liquidity Mining works, and suggests keeping the 2% allocation previously described.
The full proposal with the community discussion can be found here: https://gov.goldfinch.finance/t/retroactive-backer-distribution-proposal-3-with-data/252/1
The ammendment with the community discussion can be found here: https://gov.goldfinch.finance/t/retroactive-backer-distribution-proposal-4-same-as-3-with-ammendment/505
Voting
“Yes” - Means allocate 1.66% of GFI to early Backers as a retroactive airdrop, and allocate 2% to Backer Liquidity Mining, as already designed and deployed.
“No” - Means do nothing.