[DRAFT][GF: Phase 1 Proposal] Rebel

Thank you for your feedback–will address your questions below.

Thank you–I’ve rewritten this section to be clearer as well as added some numbers around the current Rebel usage.

Distribution will be based entirely on performance. To your question about the need to build wallet analysis tools, the reason for this is because we want to measure community member activity and reward creators based on how much network value their members create in aggregate. For example, if Creator A brings 500 measurably new users (wallets) to their Optimism project they will get 500 units of rewards for having done that, if Creator B signs up 500 existing optimism wallets, they would not receive “new user” bonus rewards. This goes for all measurable activity like members participating in governance, subsequently minting new OP stuff, creating engaging content, and anything else we can measure that adds value to the optimism ecosystem. Creators and project leaders will only earn OP rewards for value they create, so it will not be equal distributions among creators.

The same is true for partnerships–the same rewards will apply and be distributed to partners based on the performance of the communities that they refer / onboard.

The token contract is launched but we haven’t created a liquidity pool or anything like that yet to support it. It’s still early on the details of how our REBEL token will work and on reflection I’d clarify by saying our intention is to eventually distribute REBEL alongside of the OP rewards but until we have our ducks in a row on how that works, we’d be happy to match the dollar value with our access pass NFTs, which seems to have been established as an accepted method of co-incentives.

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