Grants

SWAN Job Incentive Grant: Matching Mechanism

Objective:

To encourage job creators to place more jobs on the SWAN platform by providing a matching incentive, thereby enhancing the overall vibrancy and sustainability of the SWAN ecosystem.

Mechanism:

1. Matching Percentage:

• For every job placed by a creator, SWAN will match a predetermined percentage of the job's cost.

• This percentage acts as a direct incentive, providing additional value to the job creator's investment.

2. Cap on Matching:

• While the matching percentage provides added value, there's a ceiling to ensure fairness and sustainability.

• Regardless of the job's cost, the maximum matching amount by SWAN is limited to 100 Tokens.

3. Example:

• For a job costing 500 Tokens:

  • At a 10% match: SWAN contributes 50 Tokens.

  • At a 50% match: SWAN contributes 250 Tokens.

  • If the match exceeds 100 Tokens, only 100 Tokens are contributed due to the cap.

4. Periodic Review:

• The system isn't static. Both the matching percentage and the cap are subject to periodic reviews.

• Factors influencing reviews include available funds, job placement rate, and the overall health of the SWAN ecosystem.

• Adjustments ensure the program remains beneficial and sustainable.

5. Eligibility Criteria:

• To maintain the quality and integrity of the system, not all jobs or creators automatically qualify for matching.

• Criteria can encompass:

  • Quality and relevance of jobs.

  • The creator's history and reputation.

  • Alignment with SWAN's overarching objectives.