If you compare how many members there was in the Lido TG and Discord and compare it to how many who staked upon launch, it is so far off its ridiculous. I’m writing this because I’m tired of hearing people saying the distribution should be more fair, and that there isn’t a difference between using it upon launch vs a few days later. The argument is that the timeframe doesn’t have anything to say. But I couldn’t disagree more – it’s a massive difference!
People waited until others staked so that they could feel more safe doing it. The numbers from Lido TG and Discord proves this. It took multiple days before that pool filled up, and I remember it was like at 30 stETH holders the first 24 hours or so, might be off but you get my point.
To make it absolutely fair we should include this specific factor in mind:
A historical calculation of what % of the circulating supply you held. This should also apply to how much LP you owned, if we factor in liquidity providers.
To sum up I believe these should be the factors taking into account for the Airdrop:
- How early you staked
- How many % of the circulating supply you had historically (this obviously changed a lot as time went by) and goes the same for liquidity providers.
- How much you staked (this is correlated to the point above)
- How long you staked
It goes without saying that this should apply to people who used the Lido UI for staking.