Alex

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@zionatlas @goodycollects @soleconomist I think linear with a reasonable cap is ok. Top wallets also take top capital risk with the contract and team. There should also be a set base amount so that no legitimate participants are excluded, though if you swing too far in this direction you will encourage sybil behaviour.

@AlexVTricky @goodycollects @soleconomist At the same time if they do linear the top wallet just wins more. They're doing a concerted effort to not just reward incredible capital which is imo commendable

== On the $CLOUD airdrop, part 1 == There is a rot in crypto: the scams, the ponzis, the memecoin rugs. The bigger we grow, the more grifters show up -- like centipedes slithering out of the floorboards -- and the more polluted this space gets. But strip away the rotten outside, and you'll find a tiny kernel of good people. These are people who understand the Primordial Vision of crypto. They know why we're here. --- These good people are the ones we love, embrace, and reward. We reward good people so they won't lose hope; to remind them that other good people exist; to encourage them to stay around and help us build a better world. That is our North Star: to reward the behaviour we want to see more of. ^[1] == Earnestness == What is "good"? What behaviour do we reward? In one word -- earnestness. Earnestness means doing the right thing for the right reasons ^[2]. It means caring about @sanctumso because you believe in our mission, not just because you want an airdrop. Earnestness is long-term alignment, boundless optimism, anti-greed. Earnestness is love and a little bit of naivete -- loving the awesome potential of crypto, and wanting to build that future together. We have been very public about this: see my ever public thread (x.com/soleconomist/s…). On podcasts and other public appearances I have always underlined the importance of being earnest. Heck, the answer for Quest 4 (which over 100,000 wallets completed) was "the earnest shall build our new world". We believe that earnestness is just as important as capital. Hence we reward it appropriately. Half of the airdrop (5%) will be allocated in proportion to Wonderland XP. The other half (5%) will be allocated according to earnestness. How to measure earnestness though? Talk is cheap -- everyone will say they are earnest. This is why we launched Sanctum Profiles. We have assigned every profile that connected a social account an Earnestness Level. For most of these profiles this level will be zero -- only profiles with non-negligible contribution will have an Earnestness Level. The higher your Earnestness Level, the larger your share of the 5% allocation will be. Additionally, anyone with a nonzero Earnestness will get a small multiplier to all their Wonderland EXP. We focused on rewarding what we want to see more of. We want to see real understanding, explanation, and evangelism of our mission; detailed and unsolicited feedback to improve the protocol; users translating our posts and podcasts into other languages; asking thoughtful questions; helping new users on the Discord; reporting spam, and so on. A lot of metrics are easily gamed and therefore we did not use them. That means no silly Zealy quests, no Discord level grinding, no simple counting of Twitter posts/Discord messages. Only real contribution, as judged by the team, was rewarded. We have spent the past months searching through Twitter, Discord, Telegram, YouTube etc. to identify contributions, from 2023 all the way up to the cutoff date. Contribution does *not* mean pure bullposts or "yes-men". Posts like "excited for this new feature" or "team keeps shipping!!" -- while much appreciated -- did not qualify. Neither did posts like "Sanctum is going to be the next big airdrop and here is how to farm it". Instead, we looked for thoughtful posts that helped push the discussion forward or improve the protocol, regardless of whether they agreed with us or not. There were several people with negative but thoughtful comments and we made sure to reward them too. We tried to include absolutely everybody when searching for contributions. We made liberal use of Google Translate and asked trusted community members from around the world to suggest people who have been helpful in non-English-language communities. But we are only human. We also had to make some judgement calls placing people between between tiers. If you are a person who was missed out in this round, fret not. There will almost certainly be more airdrops in the future, and if you continue to be earnest, I am sure that you will be rewarded. Even if you did not create a profile or connect your socials, you will still be eligible for the $CLOUD airdrop. There are good reasons not to (privacy and/or security) so we would not punish anyone for that. But those who chose to, and have contributed substantially to the protocol, get a boost. --- A lot of blood has been spilled over "linear vs tiered", but this is a false dichotomy. What we really care about is rewarding the people who have contributed to our protocol -- by capital or by earnestness. No airdrop is going to make everybody happy. But that's OK -- we are trying our hardest to make good people happy instead. [1] @visakanv , Focus on what you want to see more of: visakanv.com/blog/focus/ [2] @paulg , Earnestness: paulgraham.com/earnest.html Thanks for reading! As usual, I will hold a technical deep dive/AMA with @0xSoju from @JupiterExchange on 04 July 2024, 2pm UTC.

@zionatlas @goodycollects @soleconomist Well we'll see how it pans out, the proof of the pudding is in the eating I suppose, we're always free to pull out liquidity. I do think with all this talk of 'earnestness' though they are in danger of being rebranded Sanctumonious 🙄 (Also... why pick on centipedes? 🤔😄)

@AlexVTricky @goodycollects @soleconomist Well they're giving the community the allocation that would have gone to pay for a cex listing. Seems pretty good to me 🫡

@zionatlas @goodycollects @soleconomist I'm sure the team are giving half their allocation to charity 🤗😏

@goodycollects @soleconomist No, you'll get your normal allocation. Those who were earnest will get a separate allocation

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