Fixing Coordinape

Awesome discussion so far!

I agree - this would change my perspective about the options a lot.

The previous discussion around adding uGMI to the off-chain snapshot sadly went flat. The reason for opposing seemed to be, that it should not have voting power as it’s value is undetermined.

My opinion is, that if we distribute option tokens to our most active new community members - those contributors should be eligible to vote with them.
One of the main metrics for Coordinape should be incentivizing active involvement. Blocking out those that are very engaged right now works against that.

This is what we have - correct me if I’m wrong, @Lonser

The Coordinape budget is capped at $10,000 worth of POOL per month. $400 per active circle member is being distributed per month

Yes :100: This should be highlighted! :point_up_2:

Everyone has 200 GIVE currently. Back to 100 sounds good!

Coordinape is actually what makes the distribution possible in the first place. Taking out this piece would break a lot more than it would fix. Coordinape is helping us to solve the problem of fair compensation and onboarding contributors in a decentralized way. We want to reward those most efficiently who would otherwise potentially receive no compensation.


Disclaimer: I am not receiving GIVE, nor uGMI. I’m not an active member of either the Coordinape or UMA community. My sole intention is to accumulate past learnings and gather feedback, so more contributors can identify with the statement I feel compensated for my contributions.