Web3Privacy Now Donor Drop allocations

[Gavin]

Hello! I’m writing this on behalf of Luminara

We launched Namada Prop13, and are grateful that voters signalled support for a Donor Drop targeting the Web3PrivacyNow team with additional support for Donor Drop front-end creator, @zenodeapp:

Signalling - Donor Drop Round Two: Web3Privacy Now

Hello I’m writing this on behalf of Luminara We launched Namada Prop2 and Prop5: https://explorer75.org/namada/proposals/5 We’re grateful that voters signalled strong support for our first Donor Drop, which targeted the amazing Coin Center team Now that the first Donor Drop is done, we’re proposing a second: Web3Privacy Now This is a signalling proposal. With your support, Donor Drop Round Two (R2) will look similar to Round One, but will include im…

Thanks to the many different kinds of participants our second Donor Drop was a success Special thanks to @almostFitz for organizing this

Donor Drop, Round 2! March 22nd @1500 UTC

The current drop is over! - Find the latest updates here Target: Web3Privacy Now Key Info: Donate ETH to Web3Privacy Now’s mainnet Ethereum Address (web3privacynow.eth) during the donation window to be recognized by the Namada community. Window opens 15:00 UTC, Saturday March 22nd Closes when 50 ETH cap has been hit, or at 15:00 UTC March 24th 0.03 ETH minimum 0.30 ETH maximum (but feel free to donate more!) 900K NAM reward pool Instructions Have your Namada tnam addr…

Proposal

This is a PGF (public goods funding) proposal to distribute a total of 930,202 NAM

1. 905,202 NAM to the 241 Namada addresses listed here
2. 25,000 NAM to tnam1qzpl026lpzugcukkrjam6n48vl9ycmp4zqdmrwvc
   @zenodeapp, the creator of the Donor Drop front-end

We had several (missing) tnam addresses that were updated, please see the evidence provided here. There were two participants that went over their maximum, and one that donated to Coin Center instead–Luminara intends to reward these donations instead of requesting that from voters.

If approved, this proposal will take 60 days to execute and thus recipients will not receive their allocations until 60 days after the proposal passes.

This proposal is being tested on the Housefire testnet: https://explorer75.org/namada-housefire/proposals/21

History

Attracting donations to the Web3Privacy Now team was an amazing opportunity. This is a team unrivalled in our space for pushing forward digital privacy and cypherpunk values.

(link)

We were proud to use the newly open sourced, community built Donor Drop front-end to support the user experience: Donor Drop app creator allocations - 340k NAM

This was an incredible undertaking that has enabled the Donor Drop experience that we’ve come to love

When the Donor Drop window opened on Saturday, March 22, Web3Privacy Now’s ethereum address received nearly 300 donations in about 75 minutes, totalling 52 ETH, worth about $100k when the Donor Drop finished

We’re excited to have again demonstrated this new way of attracting new community members while supporting impactful teams like Web3Privacy Now and Coin Center.

Keep an eye out for future Donor Drops after Namada Mainnet Phase 5

(link)

[Gavin]

The PGF proposal on testnet: https://explorer75.org/namada-housefire/proposals/21

• Testnet proposal code: https://github.com/Luminara-Hub/govproposals/blob/main/testnet_pgf_donordrop2.json
• Mainnet proposal code: https://github.com/Luminara-Hub/govproposals/blob/main/mainnet_pgf_donordrop2.json

Differences between the two are here: donordrop2 testnet vs mainnet - Diffchecker

The noteworthy difference is that mainnet version has the 60 day delay ie. 240 epoch grace period, which has not been tested.

[Gavin]

uh oh!

A problem: Namada protocol won’t let us launch a proposal longer than 84 epochs (21 days), and we need 60 days delay before distributing allocations

[discuss] Increasing max_proposal_period to 260

tl;dr max_proposal_period is 84 epochs, and we want to change that to 260 epochs Context We committed to making a PGF proposal for the latest Donor Drop allocations that waits 60 days before the the tokens are distributed, but max_proposal_period is 84 epochs (21 days). We’d like to discuss increasing max_proposal_period to 260–not just for our commitment, but ideally for the betterment of Namada at large. History When Knowable proposed the mainnet parameters, we chose 84 epochs (21 days) beca…