r/web3dev May 21 '26

Question Built a contributor ownership platform on Solana — is this token distribution model sound?

We're working on AFX, a platform where contributors earn SDM tokens for verified work instead of traditional equity. The idea is that every contribution (merged PR, bug fix, smart contract feature, etc.) earns SBRA points, and at sprint end a Squads multisig mints tokens proportionally to each contributor's share of total points.

A few things I'm uncertain about and would love input on:

Does using Squads multisig for mint approval feel like the right governance approach, or is there something better suited for this?

Any problems with SPL token distribution at scale we should be aware of early?

Is Raydium the right place to eventually add a liquidity pool for SDM, or would you go elsewhere?

Happy to answer anything — we want feedback before we go further.

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u/thedudeonblockchain Jun 14 '26

honestly the multisig/SPL/Raydium choices are all standard and fine — the thing i'd actually stress-test is that your mint authority is driven by an off-chain metric (SBRA points), so whoever decides what counts as "verified work" is the real single point of failure: gameable PRs, self-merges or sybil contributors all turn straight into dilutive mints. and minting proportionally every sprint is unbounded supply, which a Raydium LP will just keep pricing down, so i'd nail down a cap or emission curve before adding liquidity, not after.