...
- ConsenSys will run the validator nodes for this 6 month term because the team is set up to do so and timing is critical to begin participating in the Incentive program
- All profits received are distributed into a multi-sig. HLF, EF, and ConsenSys are the three parties that will have access to the multi-sig. Funds will be distributed to organization/participants based on the below. A sample breakdown to demonstrate distribution can be found here on the second tab.
- 40% - # of pull requests for mainnet (add in a mainnet tag to PRs to track)
- 45% - # of running of validator nodes
- Feedback: We should probably lower map this amount to be cost + margin.
- 5% of all funds will be put into bounty program
- Feedback: We want to make sure the bounty program is fully functioning. We have had various results with bounties in the past.
- 10% of reserves to be used for community engagement purposes in future.
- HLF will be responsible for attributing rewards to contributors other than ConsenSys. At least 2 of the 3 signatories (EF, HLF, ConsenSys) will have to be present to distribute the funds, but HLF should attribute/track the addresses of contributors.
...