Crypto4theWin

  • Jun 13, 2022
  • Joined May 18, 2022
  • In KIP-24: Utilize USDC to Extend Development Runway

    As a former Controller, I think the contributor rates need to be evaluated, probably reduced, and an analysis should be performed to determine the cost vs. value they actually produce. When the ship is taking on water, you need to lighten the load. Hodlers need protection, especially those who participated early, which allowed the project the initial runway. Their stake no matter what the AKR %, has dropped to approximately 1%, if that.

    A real understanding of the financials, with a decent flexible model needs to be produced for best, probable, and worst case scenarios. Just my 2 cents.

  • In KIP-23: New Framework for Supply Expansion
  • In KIP-23: New Framework for Supply Expansion

    why is the AKR stated as, "Reduce AKR to 300%, or a 5-day reward rate of 1.9%, per the framework.?
    According to my calculations, if rebases occurred 3 times per day, the two rates are not equivalent. For example, if 15 rebases would be 5 days at 3 per day, the rebase amount would be about .0012575 or 1.2575% and would equate to a 1.9% reward. It would though yield a AKR of 396%.

    Just curious. Is it the lessor or greater of the two proposed rewards?