hi all, new to yaxis but not new to crypto/defi. i was around for the BadgerDAO DIGG airdrop discussions and they came up with a great formula to reward both those who staked longer and proportionally to smaller amounts. could the concept be carried over to the great harvest rewards?
From this Badger forum post:
Earned Rewards mean Total BADGER an address has earned through the Badger tree. Rewards are based on weekly emissions and accrued multiplier. Both claimed and unclaimed rewards are accounted for.
This parameter indicates how much an address has supported Badger by using Sett products.
Badger Stake Days factors in how supportive an address was to the Badger token. The parameter is defined by Total BADGER & BADGER LP staked multiplied by the days it has been staked.
The calculation is made per day, and Badger that was put into LP gets x2 to account for the WBTC portion of the pool.
The distribution covers the entire history of Badger existence before the DIGG pre-launch snapshot, which hasn’t occurred yet.
The ratio is intended to take into account how supportive an address has been in staking BADGER tokens relative to the amount of rewards it has earned over time.
A 1.75 root will be applied to the Earned Rewards to determine the relative distribution. Making the DIGG wealth distribution more equal among Badger users will benefit DIGG as a product, increasing its store of value capacity.
For instance, if we were to apply linear distribution, top-100 addresses would be granted around 71% of DIGG Earned Rewards airdrop. With the 1.75 root they get close to 33%.
For the distribution to be more Sybil-resistant, addresses that have earned less than 50 Badger will receive the same DIGG multiplier per Badger earned relative to linear rewards as addresses that earned 50 Badger.