RESOLVED - Mass Rebalancing Payout #2

Title: Payout #2
Status: Proposed
Author(s): Ela
Created: April 18th, 2022
Timeline: Proposed payout date: April 22th, 2022

Summary


Here, we outline the value to be distributed as a second payout following the NCT mass-rebalancing activity that happened in late January 2022. The first payout has been executed.

Motivation & Context


Following a proposal by Dionysus, we outlined a proposed value distribution for the funds secured in the mass-rebalancing activity. Before executing the second payout, we are asking the community to cross-check figures and eligible wallet addresses.

Proposal


If we don’t receive any objections until this Friday (22th of April), 3pm CET, we propose to execute the second payout on Friday, 22th of April.

Value to be distributed
We updated this spreadsheet with the average weekly NCT price drawn from the weeks starting with 4th and 11th of April.

The first payout equals $312676.52 or 44924.79 NCT, paid in NCT–USDC LP tokens or NCT.

Eligible wallets

This bridger analysis by Klima DAO shows a list of all eligible addresses, including which percentages each address is eligible to receive.

  • I’m in favor of this proposal
  • I’m against this proposal

0 voters

2 Likes

Obviously in favor, unsure as to why there is governance for every single payout.

3 Likes

in favor, feels overkill to have to vote again. but onwards we go!