Distribution
Calculation
- Total Multiplier Value:
totalMultiplierValue = Sum(finalMultiplier for each member) - Individual Member Portion:
memberProportion = memberFinalMultiplier / totalMultiplierValue
Method
The Stakers Union will use a Splits (opens in a new tab) contract to distribute funds to members. Splits contracts distributing to verified members are deployed on the following chains/addresses:
Funds are requested directly to the Splits contract when possible. In some circumstances, a smart contract may not be eligible as a recipient address in which case funds are directed to stakersunion.eth (opens in a new tab) which is managed by a multisig with the following members:
Signers transfer funds to the Splits contract which will distribute funds to verified members. Our goal is to increase the number of multisig participants by adding subcommittee leaders as signers. Recently, subcommittee leaders have rotated out too rapidly to ensure reliable multisig participation and we will await some stability in leadership before adding additional signers.
Seasons
Distributions will be made in "seasons" aligning with annual fiscal quarters. Members eligible for distribution must be a verified member for the duration of the season.