Voting
How to compensate those $DOT contributions over Bifrost Polkadot Crowdloan's $300,000 soft cap?
Ended 3mos ago
closed
Description

It has been a week since the topic "Should contributed $DOT that exceed Bifrost Polkadot Crowdloan's 300,000 soft cap be rewarded?" was launched on the Bifrost forum, and most of the voices from the community have expressed their thoughts to compensate. Based on the community's responses, we have concluded some compensation schemes. You can also learn about the entire discussion process in the forum thread and find ideas from community members in the community.

Here are the proposals from community members, please read through all the options and select the one you think is appropriate.

Option A

Proposer: Jorge & Bruno Ferreira de Sousa
Platform: Bifrost Forum

DOT votes with more than 300,000 soft caps are compensated for 50% of the BNC reward according to the standard of 1 DOT: 10 BNC. Linear release in 2 years. That is, each DOT contribute needs to give 5 DOT


Option B

Proposer: Einherjar
Platform: Bifrost Forum

With thresholds (for instance):
Before soft cap: 100% rewards → Crowdloan rules
300k to 310k: 100% → Taking account the very first moment of the news the soft cap was reached
310k to 325k: 80% → The news was spread on all Bifrost channels (Twitter, Telegram and Discord)
325k to 350k: 60% → People continued to contribute even after SALP was closed.
350k to 375k: 40% → Too late bro
375k to 400k: 20% → You should really follow the project news at some point
Over 400k: 5% → Are you kidding me ?


Option C

Proposer: Einherjar
Platform: Bifrost Forum

Same idea with thresholds but in time, not in DOT amount.
T0 = moment the soft cap was reached.
Until T0 → 100% rewards (crowdloan rules)
T0 + 3 days → 100%
T0 + 3d → T0 + 7d → 80%
T0 + 7d → T0 + 14d → 60%
T0 + 14d → T0 + 21d → 40%
T0 + 21d → T0 + 28d → 20%
After T0 + 28d → 5%


Option D

Proposer: Yancy
Platform: Bifrost Forum

  1. The DOT contribution that exceeds the soft top portion will be rewarded according to 1 DOT : 10 BNC (users exceeding the soft top portion will not enjoy the early bird reward)
  2. The linear release time of DOT rewards that exceed the soft top portion has been extended from 96 weeks to 192 weeks (in the long run, for users who are willing to be optimistic about Bifrost, the rewards they receive have not decreased, but compared to the contribution within the soft top, When all the contribution rewards in the soft top are released, the users who exceed the soft top will release half of the rewards)
    Compared with reducing rewards, this scheme allows users who exceed the soft cap to receive non-destructive rewards. At the same time, it can also guarantee the rights and interests of users in the soft top within the 96-cycle release period.

The voting period is from June 9 to June 16, please vote within the valid time. Remember that any decision you make may affect the reward scheme for contribution after the 300,000 DOTs soft cap.

Optionssingle

Votes·28

Option D
Option D
# 4
96.31K BNC
96309.996084760079 BNC
Option D
Option D
# 4
1.17K BNC
1173.88886072779 BNC
Option C
Option C
# 3
2.44 BNC
2.436137864112 BNC
Option A
Option A
# 1
206.26 BNC
206.258479080966 BNC
Option C
Option C
# 3
1.04K BNC
1041.760081966102 BNC
Option D
Option D
# 4
1.03K BNC
1033.611256481901 BNC
Option C
Option C
# 3
84.5 BNC
84.498631296914 BNC
Option C
Option C
# 3
1.48 BNC
1.476583366129 BNC
Option C
Option C
# 3
639.43 BNC
639.433208828256 BNC
Option C
Option C
# 3
38.66 BNC
38.659114666243 BNC
Option C
Option C
# 3
90.34 BNC
Option D
Option D
# 4
3.04K BNC
3043.833333249204 BNC
Option D
Option D
# 4
1.52K BNC
1516.817114800116 BNC
I agree with extending the HODL period for late contributors. :)
Option B
Option B
# 2
56.41K BNC
56407.516944589148 BNC
Option B
Option B
# 2
5.08K BNC
5082.353483803597 BNC
Option B
Option B
# 2
41.72K BNC
41716.262767508895 BNC
Option B
Option B
# 2
44.69K BNC
44693.522802788176 BNC
Option B
Option B
# 2
36.65K BNC
36653.544420952592 BNC
Option D
Option D
# 4
1.64K BNC
1644.057822109675 BNC
I proposed B & C options but i think D is the best option for people wanting full rewards and support the project in the long run.
Option B
Option B
# 2
2.01 BNC
2.005624186662 BNC
fare
Option B
Option B
# 2
30.2K BNC
30198.718380934286 BNC
Option D
Option D
# 4
4.11K BNC
4112.681868070807 BNC
Option D
Option D
# 4
60K BNC
60000 BNC
Option B
Option B
# 2
526.76 BNC
526.762719181128 BNC
Option A
Option A
# 1
646.6 BNC
646.604003327896 BNC
Option B
Option B
# 2
6.64K BNC
6640.947375785549 BNC
Option B
Option B
# 2
205.86 BNC
205.857867681603 BNC
Option B
Option B
# 2
31.54 BNC
31.53760532984 BNC

Discussions·2

3mos ago

Sorry guys, there is a small typo in option A. It should end up being 1 DOT: 5 BNC

Option A

Proposer: Jorge & Bruno Ferreira de Sousa
Platform: Bifrost Forum

DOT votes with more than 300,000 soft caps are compensated for 50% of the BNC reward according to the standard of 1 DOT: 10 BNC. Linear release in 2 years. That is, each DOT contribute needs to give 5 BNC

3mos ago

And please notice it's "300,000 DOT soft cap" and not "$300,000 soft cap" of course.
We are not able to change the description once submitted.

Results
Voted
393.75K BNC
393745.382573337666 BNC
Voters
28
balance-of
#1
0.22%
852.86 BNC
852.862482408862 BNC
#2
56.42%
222.16K BNC
222159.029992741476 BNC
#3
0.48%
1.9K BNC
1898.603757987756 BNC
#4
42.88%
168.83K BNC
168834.886340199572 BNC
quadratic-balance-of
#1
1.84%
39.79 BNC
39.79011119173 BNC
#2
56.25%
1.22K BNC
1215.499357170557 BNC
#3
3.95%
85.25 BNC
85.253980445409 BNC
#4
37.97%
820.49 BNC
820.493839857186 BNC