Absolutely NO! Totally sybil metric, serving no purpose and any logic when fees cost basically few cents. It reflects nothing but sybils working in the frame of old patterns and ditribution models, when transactions and volume had weight
@marta Transactions is a completely sybil metric, which can be easily gamed for pennies. Read Kannenz comments on this issue. Old parameters as txn count/volume/active months are completely trash criteria reflecting nothing but desires of sybils to game the system and earn as much as possible with low cost
I mean if a user stopped using linea after the lxp capaigns it will most probably won’t use it after tge.I agree that there should be some metric to determine real on chain activity after those capaigns.
Do you think it’s hard for industrial sybil farms to imitate activity on-chain with their fully randomized software when gas actually cost 0.05$ per swap ?
I think it’s organic when user leave the chain from time to time and return back. LXP is a good indicator of your contribution, no matter how active you’re after all quests. It’s like telling a person who built a ship but stopped sailing it for some period of time that he’s not worthy of it.
For me someone who only did lxp and nothing after it it’s a sybil/airdrop hunter that will just dump it’s allocation on tge. There has to be a metric or multiple to see if an actual user used the chain after the lxp capaign and it shoud be taken into account.
How is singular metric like LXP is any different? You are just replacing industrial farmers to non-industrial farms. The distribution structure will be the same, and the community and REAL USERS get screwed.
Everyone saw your proposal in different topic. Kanenz explained to you very clearly why its structure is so bad. I don’t agree with your model completely, it prioritizes sybils in a more way even relative to just using LXP as the only benchmark
I think users should be compensated for their transactions, interactions, and contributions within the network, especially if a robust Sybil analysis has already been performed to ensure that real users are participating. These users play a crucial role in testing key aspects like security, scalability, and other essential elements of the protocol. All of this should be taken into consideration and valued, as their activities help strengthen and improve the network as a whole.
The distribution structure will be the same as pre-sybil if LXP is the sole metric. The non-industrial farmers (<20 wallets) will receive most of the rewards and the community gets peanut, this is NOT DECENTRALIZATION. Do you have a lot of LXP?