I hadn’t even seen this one before, your Table #1 the most sober and actually logical table I’ve seen yet. (For bonus criterion, to be clear, NOT the math!) Your bonus criterion actually make good sense for mostly onchain footprint like having an ENS, wallet age, having a few Metamask portfolio trx, trx before Dencun, etc. There could be lots of other stuff too like having a balance on another chain (your got a drop on any other chain sort of covers this.) I’ve also suggested similar final anti sybil criterion that are possible such as a few transactions on ANY other chain. Stuff that is super fair and logical. Perhaps they already did that, not sure.
Wallet age might need to get extended a bit at this point lol. But yeah these are actually great and mostly sybil resistant bonuses that make sense vs favoring a specific group. Well done.
I had some suggestions for bonuses as well that I thought made sense such as participated in all 4 voyages, I’m pretty sure the team will be factoring in pre-dencun gas so that seems to be a given.
The one thing I might change here would be the weighting above around 4k, I feel like it should slow down above there otherwise it starts to really compound a lot toward the top as the multiplication builds on itself, making it too much like Zksync at the top.
I also agree that LXP & LXP-L should be separate and I think Declan feels the same. It gets really weird mixing them together.
Frogs will cry about their multiplier not being more, I’ve suggested perhaps make those nfts worth equal to a beta testnet nft, or maybe an alpha if the team really thinks it’s worthwhile / necessary. It probably is otherwise the ironic thing is that they will go from, oh we love linea and support it because we are so altruistic and genuine, to, oh my god linea is so bad for not giving us more! lol. We don’t want that, and we want everyone happy so they should get a bit extra, as should the foxy nft holders probably and maybe a few others but it definitely shouldn’t exceed the testnet nfts imho. Although even that with a system like this could end up giving them really outsized rewards still, maybe like a 500 lxp flat bonus is more appropriate.
Also the critiques of others that “this favors bots” regarding transactions count such as this:
Well, maybe that’s precisely what got all those bots cut!
So now, such criterion is a safer positive representation of network interactions from real users. I think I’m well over 200 trx myself at this point.
The idea of only distribute on a CEX I have to extremely strongly disagree with. That is so anti defi it’s not funny. Fortunately they have already done a stellar and better than expected job with sybil removal so this isn’t as necessary anymore.
Lastly I would add that the extra weighting that all of these additional points would add is excessive.
Think that all bonus criterion possible should not exceed a maximum of 20% total weight of all LXP and that LXP itself should stay “untouched” as 80%+ of the weight as is. (Although I think more like 10% of the total is probably more appropriate.)
Thus all of these “bonus” criterion would in essence add up to totally different numbers relative to the LXP table numbers. Essentially you would take the whole of LXP, times it by 1.2, and take that extra .2, and that is assigned to all of the bonuses while the other original amount is applied to just the LXP scale itself respective to whatever “tiers” the team decided on.
Basically those tiers would remain the same, and a separate 20% that was allocated to all of the bonuses would then be applied. This makes the distribution much more fair for all imho. (Although admittedly I haven’t actually worked out all of this math exactly, it might still be way too high and skew things excessively.)
Otherwise, imagine if we did exactly as proposed, someone who bought a bunch of nfts and also had like 5500lxp from the campaigns, plus qualified for most of these bonuses, the multiplication on top of multiplication would be absolutely insane and they would walk away with 100x someone with say 4k even without any bonuses, or 400x 2k. We should be very careful of this exponential math. Just a few examples of it could leave the majority of everyone very very salty. Some tiering is fine, some bonuses are fine, but we should be careful of exponential math and the disparities it creates.
The lowest qualifier with say 2k LXP vs 10k is already a 5x difference that is perfectly logical and indisputable. Adding a few tiers already creates large disparities even if a maximum of a 4x multiplier tier is applied for say anyone over 5k LXP as the maximum. Now it becomes a 20x difference 2k vs 10k with a 4x multiplier for anyone over 5k which would apply to the 10k holder. This is enough already at 4x and you have a 5x max before even accounting for bonuses. Too much. The exponential / multiplication should stop there, bonuses on top should be a small portion of the entire LXP pool, separate and not multiply the entire amount.