More Cloud To The Right People

Sanctum Governance
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Hey everyone, let’s dive into this Proposal idea!

Let’s look at this new way to distribute rewards in cloud, offering two different claiming methods:

  1. Standard Claim:
  • You claim your cloud rewards, and they’re dropped straight into your wallet. Simple and straightforward!
  1. Enhanced Claim (sCloud):
  • This option is more rewarding! When you claim sCloud (staked cloud), you get an extra 10% on top of your original reward. The catch? These tokens are staked, and it takes a month to unstake them.
  • This is perfect for those who believe in Sanctum and are in it for the long haul. It’s a way to reward loyalty and commitment.

By offering these two options, we align with Sanctum’s vision of rewarding the right people—those who are invested in the project, not just farming and flipping drops.

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I agree, a vesting schedule for any airdrops is a good idea. Eventually all airdrops will do this and seeing as no-code tools like Streamflow are so easy to use there’s little barrier to this.

The way you get airdrops or any rewards, is more instructive as to whether it’s sold off or retained. Vesting schedules help but if you’re giving out tokens to people who are inclined to sell it will only delay the sales.

Personally I’d like to see a lot more discussion around who rewards go to and some sort of score to determine net sellers/buyers of CLOUD out of the recipients of airdrops.

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I believe Sanctum did something like this for the S1 drop where if you claimed early, there was a penalty. I think they did this for the earnestness side of the AD

As of right now, we only know about cloud getting dropped via ASR - no clue as to what and when season 2 will be…maybe staking score could be some sort of multiplier - staking score seems like a “putting your money where your mouth is” type of thing…how much you’re staking x how long you’re staking. Shows who’s most aligned!

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Didn’t you see cloud proposal #3? That’s another incoming (if vote passes) to get cloud.

And with meteora it is a bit different, because you started with 50% available, and you had to wait 6 months to get 100% (for earnest)

Here you have the choice between 100% of you well deserved cloud, oumr 110%, in scloud

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It was for earnest and capital but capital claim was just sooner than earnest claim

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For the cloud we get as part of ASR, I am assuming it automatically gets re-staked as opposed being able to claim it right into your wallet and being immediately accessible. It would be sweet if we had a choice and get some sort of bonus % in the event we have a choice to re-stake or claim directly to wallet

Would be awesome if they had some sort of option to stake (for a bonus %) or claim directly to wallet for LPing to potentially alleviate the instant sell pressure…would provide additional APY for LPing if there is a bonus for staking right away - but would also increase emissions IMO

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That is exactly what my post is about yes. ^^’

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