BRONDER, Bro

There is no greater power than the power of the community. The time has come to decentralize BRONDER!

800,000 tokens to over 17,000 depositors! An unprecedented 80% of the BRONDER token supply has been retroactively airdropped to PoolTogether V4 Polygon participants using the novel Time Weighted Average Balance (TWAB) mechanism. The tokens are distributed in relation to the average balances of depositors over the first 200 days of the prize pool.

A short napkin math adventure @rednorb deposited 5,000 USDC on day 50 of the prize pool and has not withdrawn their deposit. Average TVL of the pool over 200 days has been 25 million. @rednorb’s average balance over the life of the prize pool is 3,750 USDC. Divide @redborb’s TWAB by the average TVL of 25,000,000 = 0.00015. Multiply that by 800,000 BRONDERs to arrive at a claimable amount of 120 BRONDERs! Of course @rednorb’s balance would be more complex because they claimed prizes along the way. The napkin math may be bad, but you get the idea friend. The TWAB rewards contract handles the airdrop setup, all of the calculations, and the claims and BRONDER is thus, decentralized!

Rug? No, this is not a rug. This is free BRONDERs! The TWAB rewards contract that enables both the distribution and the claim has been audited and the BRONDER claim app is open-sourced.

What’s next? BRONDER Discord? BRONDER DAO? Will you be a multi-sig signer? It’s all in your hands, so come get your BRONDER’s, Bro. And may your stroopwaffles always frolick.

…Imagine what you might do with the TWAB rewards contract. Create a promotion retroactively, for the future, or both. Come to the PoolTogether discord to learn more or read about the TWAB rewards in the docs here.

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