This is the allocation for the Growth Fund for both community and contributors for August 2021 and is our second distribution from the Community Growth Fund (CGF).
This proposal will distribute the August Community Growth Funds to community members who have made contributions to Instadapp through various activities, such as support and moderation, community outreach, and governance forums. Of the monthly 10K Inst allocation almost 50% was distributed to contributors and bounties.
We polled contributors when they applied for Guilds and an overwhelming majority of contributors wanted to be paid in native INST token. Unlike the first Distribution which was denominated in USDC; this distribution is 100% in INST token.
All contributors should have received a link to a form where you can enter the address you would like to receive your distribution as well as submit any comments related to the distribution.
Did you contribute some awesomeness to Instadapp in the month of August? Please reach out to myself or a fellow Guild Captains so that we may acknowledge and reward you for your contributions.
|Community + Mods||INST|
|Da-||Japanese Community Moderator||125|
|Alex-7||WeChat Moderator + Support||125|
|Asia DeFi Network||WeChat Moderator + Support||125|
|miscao||Guild Captain / Community Contributor||150|
|CPix18||Guild Captain / Community Contributor||150|
|Duo||Guild Captain / Community Contributor||150|
|Bernard Jambon||Translation Work (French)||75|
|Koke||Translation Work (French)||75|
|VisualColorCloud||Translation Work (Spanish)||50|
|sebastiantf||Instadapp Sub Graphs||400|
|itsjerryokolo||Instadapp Sub Graphs||600|
|Dr.Manhathan||Instadapp Sub Graphs||800|
|Taisuke||Media Content / DeFi Walkthrough||120|
|Community Project Funding||INST|
|Cimple.CC||Development / Funding||1500|
|Bounty Pot||Set aside for Bounties / Community Requested Projects||25% allocated to future Bounties|
|Holdover||Unallocated tokens retained by fund||25% retained by the Community Fund|
|Paidout||INST paid to Contributors this Month||50% paid to contributors|
|*The fund results are a rough percentage.|
|Post Distribution CGF Holdings:|
|USD Estimate of LP:||$19,249|