I also would like to encourage people who will comment on this page to see the old passed proposal to this new proposal for comparison.
I also made this graphic which I was discussing in the council.
This part is a re-post
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I was looking at the last proposal CUIP-003 - Ecosystem Grant - Community Engagement & Rewards [Pass] from May 7
I’m sure that the proposal was thought earlier than May 7 so i pulled the price data from May 1st . this is what I got based on the 200 and 450 RBW reward. [ Please see Photo ]
Now that we have that data on hand I was thinking what is the real purpose of the revision of the mod reward program? and in my conclusion it was to help the moderators and guardians specially at these bear market times. we are converting the old reward program from its old value to a new stable coin value. which is what we have now.
with the image I presented above. I created an average of May 1 and May 7 both highs and lows so that we can estimate on how much we were really “incentivizing” our moderators before.
Turns out that Tier 1 is around 445 high, 332.3 Low and 388.65 as Average.
while Tier 2 is 1001.25 high, 747.675 Low and 874.46 Average
respectively.
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