Compensation Scheme & Preliminary Entitlements

Dear Crosswise Community,

It has been a long wait but we are finally ready to share the preliminary results of our compensation calculations. The methodology is solid and the underlying scripts have been thoroughly tested. Nonetheless, no method can be perfect, and although we have made every reasonable effort to avoid errors or sources of potential inaccuracy, we now invite you to help us verify the results. Every method and step has been documented in order to allow users to reproduce the calculations transparently.

Compensation Scheme Documentation

We encourage anyone with the required skillset to recreate the snapshot and calculation independently. No data was altered without documenting it and all steps have been documented for reproducibility. The Crosswise Compensation Scheme is 100% transparent.

Compensation Scheme

https://crosswise.gitbook.io/crosswise-docs/compensation/compensation-scheme
This document is intended for all users and explains the compensation scheme, underlying principles and the way it was calculated. Every effort has been made to enable non-technical users to understand the scheme.

Compensation Methodology

https://crosswise.gitbook.io/crosswise-docs/compensation/methodology

This document provides greater details about data manipulation and calculations. It is intended to supplement the Compensation Scheme document, so as to allow technical users to reproduce the snapshot and all additional calculations.

Compensation Snapshot Instructions

https://github.com/crosswise-finance/crosswise-snapshot

Intended for technical users reproducing the compensation calculations, it provides detailed instructions to carry out the various scrips involved.

Lookup Compensation Entitlement

To lookup your entitlement, open the public google sheet at https://docs.google.com/spreadsheets/d/1Y8PSaq6M2AHGhRZMxnjfs6MupfWxPHwPlVyMLUElXaM/edit#gid=0, press CRTL + F on Windows or CMD + F on a Mac to open the Search. Now copy your wallet address, paste it into the search, delete at least the last 5 characters, and press ENTER.

Next Steps

The community can now feedback on any errors or divergences. We will allow 5 days for community members to report any issues. If legitimate issues arise, we will fix them, and initiate another round of consultation, until we resolve all issues and/or the community deems the results to be sufficiently correct. How quickly we finish this process will now also depend on the community at large.

Reporting Inaccuracies

Before reporting an issue please be aware that we will only consider issues pertaining to accuracy. The principles and methods are not up for debate. Please re-check your calculations several times. Please also note that small divergences are considered within the margin of error. Therefore only inaccuracies greater than 3% will be considered. If you are one of the users that tried to exploit the staking pool, your report will be ignored. Please report issues here: https://form.typeform.com/to/Es25nOx1

Closing Remarks

The Compensation Scheme represents a significant milestone in our development and will finally allow us to re-launch in October! We look forward to getting back to working on the actual products we want to build. A special thank you has to go out to Filip Kulas our new Lead Developer, who tackled this arduous task with determination, and under considerable time pressure.

As a community it is time to leave all doubts regarding a re-launch behind, and to spread the word about Crosswise! It is worth remembering just how early we still are in the development of this project. Much remains to be done, and the community has its role to play in making sure our comeback doesn’t go unnoticed nor unappreciated.

About Crosswise Finance

Next-gen cross-chain Decentralized Exchange (DEX) building a seamless DeFi user experience. Crosswise Finance bridges the gap between centralized and decentralized exchanges, bringing together the best of both worlds. Crosswise is committed to it’s community and brings back customer service and support to the DeFi space.

Disclaimer: This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. Furthermore, this content is not directed at nor intended for use by any investors or prospective investors, and may not under any circumstances be relied upon when making investment decisions.

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Crosswise Finance

Crosswise Finance

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Next-gen multi-chain Decentralized Exchange building a seamless DeFi user experience. Crosswise bridges the gap between centralized and decentralized exchanges.