TLDR: Create a simple separate AAVE v.1 allocation proposal now; and circle back on INST claim decay and INST partial claims after Liquidity Mining period
Upon further review there are still lots of accounts that haven’t claimed yet and the amount of accounts that appear to have missed part of the claim seems a bit insignificant when compared to the number of accounts that have yet to claim. We have seen good distribution and overall growth we think from the Liquidity Mining rewards; here is my suggestion on how we could break this proposal down a bit.
Create a separate proposal for: INST distribution for AAVE v.1 positions
Let’s have the team review how to implement this first part; the team can create a distribution list for AAVE v.1 and then we can vote for this in one proposal. We could get this done relatively fast.
Create a separate proposal that creates a decay on the unclaimed tokens
I would suggest circling back to this maybe after the liquidity mining rewards/Post-DeFi Summer and then create a slow decay where those tokens are reclaimed by the treasury over the following 9 months. The community can re-think on this when we are closer to this time period.
Find an opportune time for misclaimed tokens
The number of unclaimed tokens remains much higher than the number of users that mis-claimed. There is a lot of complexity/time required to recalibrate the claim for this smaller group of users and there is not enough incentive for these users not to immediately sell their tokens. I would suggest waiting for another opportunity to satisfy these users; such as when the token has a built in fee model or other revenue generating sources, integrated into lending DApps, etc.