Overview
Create a rewards pool that lasts 2 months and pays 175,000 $BRIGHT to $BRIGHT / STAKE LP holders.
This is a gesture of good faith that the xDai community will move forward with a $250,000 match in STAKE tokens.
At the above proposed rate, the matching funds and a future allocation of about 350,000 $BRIGHT would sustain a total of 12 months of farming rewards. These additional funds would come from future proposals.
Please read the idea post for more background.
How the proposed solution improves BrightID or Bright DAO
It’s important for those working for Bright DAO to have liquidity to off-ramp their payments into wallets from which they can pay their bills.
Your team
This is the same multisig that funded the $Bright fairdrop, the current farms, and the gardens vote farming rewards.
Members: @castall @monomesa @bitsikka @Serge @Paslar @UBIpromoter @Triplespeeder @yazdaaniam @CurlyBracketEffect
Funding Information
Amount of BRIGHT requested
175,000 $BRIGHT
Ethereum address where funds shall be transferred
0x81360A0a15710A64d0b921122660e287BeB7743F
How the requested funds will be spent, including a breakdown of the work involved
- 175,000 $BRIGHT to a $BRIGHT / STAKE farming rewards contract to last 2 months
Deliverables: how will we know you’ve succeeded?
- A correctly configured and deployed rewards contract
- A link to the farm on the farms page.
The above two items will be provided gratis by the multisig owners and BrightID core team.