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[Treasury Tip] (collatorCompensation) VALIDATRIUM|T.ME/VALIDA TRIUM
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Summary: Collator reward compensation request for the time before rewards have been enabled.
Price: Kraken 30d EMA 0.0000961
Requested Tip USD: 4.5 x 500 $
Requested Tip: 23,413,111.34 BSX
Timespan: 4.5 Months (February 2023 to 15th of June 2023)
Description:
The initial launch collators of Basilisk have been onboarded to parachain collation on the 4th of August 2022.
There has been a first manual rewards claim in February 2023 and the automatic block-based reward distribution was activated on 15th of June 2023.
Ever since the rewards are distributed on a per-block-basis and this final manual request aims to cover the gap from this 4.5months timeframe.
I hereby request compensation of the unpaid rewards for the collator "VALIDATRIUM|T.ME/VALIDA
TRIUM" (bXmFkHk7GQe9WVPwXB8183XQf3femUWr25ATUC15syAseTnmp).
The calculation is based on the monthly target reward rate.
- Basilisk is a blockchain network that rewards people for helping to validate transactions.
- Some people who helped validate transactions before the automatic reward system was set up did not get paid.
- One person is asking for compensation for the 4.5 months before the automatic reward system was set up.
- The person is asking for $23,413,111.34 worth of Basilisk tokens as compensation.
- The compensation is based on the monthly reward rate that was set up after the automatic reward system was activated.
on-chain