Having little dev experience but a huge supporter of crypto, I totally agree early supporters should be rewarded for adding support in developing the infrastructure
2 Likes
100 to all early supporters equally.
3 Likes
Seems like you donât want early supporters to benefit from their sacrifices.
1 Like
He mean each one, I think
2 Likes
Maybe tie the right to claim the airdrop to voting participation?
1 Like
What sacrifice would that be? If you hadnât benefitted from using the service you wouldnât have used it.
1 Like
The same sacrifices made by any pioneer in any industry that is new or unproven. Benefits are only seen many years down the line if at all.those that lost thousands early on due to dramatic swings understand that. Early adoption required early sacrifice with the hope of that it would payoff down the life, with no immediate or guaranteed benefit.
1 Like
Whatâs your specific âsacrificeâ?
1 Like
Time and MoneyâŚwhat reasons or rationale do you have for not supporting this? Assumption is your voting against this because 1. you do not benefit because you were not a early supporter or 2. You are one that will potentially loose control because you have a majority share of COMPâŚso how would you lose?
2 Likes
So you used the platform for itâs intended purposes, received (or paid) interest for supplying or borrowing? Seems like you received plenty of benefit already! Iâd vote against it because I donât like people who think theyâre owed something for just existing, which seems to be what you are.
1 Like
Or just make it one of the calculations for the âboostâ mentioned by @Andre1. People who used comp + voted will most likely use their airdrop to participate even more into governance and if it comes out to be 100 Comp they will for sure start making proposals.
1 Like
Donât believe Iâm owed anything. Wasnât owed anything by uni but was happy to receive my 400 because I supported the product or idea. A product (or writing code) is nothing to anyone without its supporters or customers getting it from point a to point b. On another note; Being an âactive voterâ is also a wasteful and meaningless proposition to receive an airdrop with no actual meaningful difference tied to it. The idea of a decentralized economic tool or society gets lost when the greed clouds a persons vision.
1 Like
Distribution of power and opinion is key to a healthy and growing sector. The ultimate downfall is corrupt crypto oligarchs that try to control and maintain the power.
1 Like
Youâve had the same opportunity as everyone else to earn COMP by using the product, no need to go retroactive. Iâve been using COMP for nearly a year, I derive benefit by having a place to lend and borrow that I can trust. The current implementation of COMP rewards is great but I didnât start using Compound with any expectation of getting a reward, and if the distributions went away today I would still use Compound. (Frankly I wish the rewards would go away, interest rates on supplying are way too low.) We donât need free stuff to ârewardâ us for using it before anyone else. The utility that the platform provided was the reward.
1 Like
You do not stand to benefit. Got it. Thatâs clear. Financial reasoning makes sense, but the current infrastructure is not the same when I started with Compound in 2018, the market was unknown and not developed. The benefits of the dapp at that time were not simple as they were outweighed by risk associated with the unknown, unproven and unreliable hence my stance for supporting the retro airdrop allowing us early supported to have a voice
3 Likes
Depends on how you look at it i guess. Comp is a governance token. I see this as giving the community more voting power. The token could literally be worth 0 but i will still want to participate in governance. It just has the extra benefit of having value.
3 Likes
Agree 100%, currently only crypto hedge fund suppliers have enough cash/comp to have a say in the decentralized economy.
4 Likes
Instead of having the comments section in protocols filled with âplz do this plz do thisâ it will then look like âhey all this is an idea I have vote if you support this or notâ So far the only ones that are doing that are the big players.
1 Like
+1
The first time I used Compound was back in September of 2018; I was fascinated and willing to take a risk in this because I thought it had a lot of potential. I usually gloss over the Vote section of the app because the small amount of COMP Iâve received so far wouldnât make a difference in the proposals, but a flat distribution of 100 COMP, whether itâs vested or not, would be great, and itâd motivate me to be more involved in the governance of Compound.
5 Likes
Furthermore, letâs not forget that deciding not to vote is also a legitimate option. Refraining from voting, for example hoping that the quorum of votes is not reached, is also a legitimate action and a democratic way of expressing oneâs dissent
2 Likes