May 2022 Rewards Distribution

May 2022 Distribution

The May rewards distribution has been posted here.

This new layout includes:

  1. Rewards Dashboard: Summarized contributor rewards in USD. This has been done in order to clarify total reward given there is a number of core hires spread across Index amounts and USDC payment amounts this summary sheet allows for comparison across all contributors. Also provides transparency of spend compared to budget at a nest level and overall
  2. Nest specfic tabs - contribution submissions, you may also find any feedback that the leads have left in these tabs for your contribution in column M

Methodology

The index Contributor Rewards Methodology can be found here.

INDEX Valuation

INDEX rewards are first estimated in USD, and then converted to its equivalent INDEX quantity.

The 5 day rolling average value of INDEX is used to calculate INDEX distribution quantity.

The 5 day rolling average as of May 31st (payment date) is calculated as $4.29 per INDEX .

The 5 day rolling average of icETH was $1,727.03 per icETH

Disputing Rewards

If you feel like there are contributions that we’ve missed, or you feel like there should be adjustments to the rewards amounts, please fill this form out .

Rewards Distribution

This is the seventh month where rewards have been distributed using Parcel multi-token pay out functionality, there was no Engineering resources required.

Here are the rewards transactions:

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