Meeting Notes: Weekly Calls 2021

Mar 18, 2021

Agenda

• Kredits grants
  • Minimum overall kredits amount issued to trigger payouts?
• Sockethub

Notes

• Sockethub - refactoring, code coverage and linting, switching to Bull queue (from Kue). XMPP pairing with raucao and slvrbckt will happen today.

• Kredits - How do we deal with cycles which have little work from most people. Everyone getting percentages with 500ks each seems less good.
  • Some options discussed
    • 6 month release cycle
    • minimum amount of total KS per cycle? (2500ks?)
    • velocity(difficulty) effects payout amount for cycle and dividends

• • Conclusion: Take the average of 3 previous cycles (velocity/difficulty) in Kredits which defines the payout threshold. If threshold isn't reached, there are no payouts for that cycle but the Kredits are carried over. The payouts are made once the threshold is reached (threshold is still adjusted for the latest cycle, and not carried over itself).

• • • Eventually we would like a dashboard with these details (threshold for the pay cycle, and marker for when this cycle started, a counter for total current kredits in the cycle). In the meantime use the discourse forums so we can evaluate the new part of the process.

Jan 21, 2021

Agenda

• Cycle payouts

Notes

• The cycle payout spreadsheet updated by @raucao based on previous call with an update funds balance and actual numbers / contributions for all developers,
  • TODO: for kredits that haven’t been paid out (too small or no address) we need to document them for devs to claim in the future. (@raucao)
  • You could optionally have your payout address be a receiving address of the community wallet if you wanted to keep your reward in the community
  • Needs someone to verify amounts (@slvrbckt)
• Kredits web dashboard should have a view for contributions within a cycle
• Sockethub priorities - IRC connect bug and breaking up XMPP tasks into easy to tack pieces (@slvrbckt)
• @greg and @raucao to pair on postgresql work again

Jan 7, 2021

Agenda

• Chat (deploying new Sockethub and Hyperchannel)
• Infrastructure updates
• Kredits grants

Notes

• Cannot deploy Hyperchannel/Sockethub yet, @galfert will create missing issue (from PR discussion)
• The first kredits grants trial/experiment started in November, before the huge BTC price jump, so we agreed to lower the payout pool to 0.3 BTC to be used as the payout pool for the duration of 6 months from the first cyle

Nov 5, 2020

Agenda

• Kredits grants
  • Payout scheme/ratios/numbers
  • Cycle block heights

• Bitcoin multisig wallet
  • Electrum setup

• Akkounts
  • New thoughts on tech stack and implementation details (@raucao)

Notes

• Kredits grant cycle length: https://community.kosmos.org/t/proposal-for-the-first-grant-cycle/76/7?u=raucao
• We decided to start with a 50% split between monthly salaries and dividends and re-evaluate in 6 months. The number can be changed sooner of course if we realize they don't work out (e.g. needs more incentive for new contributors).