[Discussion] What to do with EPS airdrop?

After modeling this a bit more, here’s a few more questions/ideas regarding the distribution:

Time-weighted snapshot

Should we take historical yveCRV balances into account?

  1. t_0→t_n - time-weighted snapshot since yvecrv creation

  2. t_{n-1}→t_n - time-weighted one-week fixed time snapshot between snapshots

  3. t_n - simple snapshot matching the time of the airdrop

Distribution schedule to maximize farming

I see two potential farming models with the second one being 2.25x more efficient in terms of active farming weeks.

  1. After paying the initial 50% penalty and staking EPS, the principal can be unlocked on a rolling 3 month basis. EPS is delivered to holders with a 3 months lag. This way we always farm with 3mo worth of the airdrop, which translates to an average of 9.75 weeks of EPS airdrop in farming.

  2. Increase the farming amount till the end of airdrop in 12 months, then airdrop a big chunk (9mo worth) and distribute the remaining portion as it unlocks over the remaining 3mo. This way we farm with 21.9375 weeks of airdrop on average.

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