[AGIP22] Launch Rarity Farming SZN 3
Author: Cookiethief#3952 GotchiID: 1998 Quorum requirement: 20% (9M) Vote duration: 7 days XP Reward: 20 XP for each Aavegotchi in the voter’s wallet Discourse Thread: https://dao.aavegotchi.com/t/season-3-for-q1-2022/2779
Problem
Currently, Rarity Farming Seasons happen sporadically and are difficult to account for in the cadence of Aavegotchi releases. It leaves investors wondering if they should hold onto their Gotchis and Wearables, or if they might find better ROI flipping into the next rounds. It would be desirable to have a bit of certainty / predictability for both investor sentiment and for planning purposes.
Solution
If possible funding-wise, Rarity Farming should happen three times a year. It would fit in with the seasonal nature we are already following, and if properly planned could be sustainable based on GBM Sales in-between seasons, Treasury revenue via staking and partnerships (such as the Umbra Bridge proposal), and other streams of revenue such as DAO Grants. The author of this proposal believes Rarity Farming is an essential part of the Gotchiverse ecosystem, and something to build out and improve upon rather than scrap.
Distribution
For Season 3, I suggest we go back to the standard reward ratio, as was tried and tested in Tarity Farming Season 1. The rookies of the similarly named rookie board are now all grown up and ready to compete with the big boys. This would mean 70% of payouts go to the BRS leaderboard, 20% to the Kinship leaderboard and 10% to the XP leaderboard.
Based on Forum discussions this would be the final model for SZN3: 4 Rounds (2 weeks each) 1.5 Million GHST Rewards Pool (1.4m GHST funded already) 70% BRS 20% Kinship 10% XP Top 5k Gotchis (20%) → Top 7.5k Gotchis (30%) 3 Seasons per Year (approx. schedule below) SZN 3: February - March SZN 4: June - July SZN 5: October - November
Updated Rewards Sheet: Rarity Farming SZN 3 Distribution Model
Since there is a ~100k GHST discrepancy between the proposed amount to be distributed and GHST currently in the rewards pool, this proposal includes a funding request for the remaining amount to be taken out of the AavegotchiDAO Treasury. The pool balance can be viewed here: https://polygonscan.com/address/0x27DF5C6dcd360f372e23d5e63645eC0072D0C098/tokens
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x5119...aecA6C | 1.927M | Yes, launch RF SZN 3 |
 0xDd56...1eAC63 | 760,882 | Yes, launch RF SZN 3 |
 0xE2ed...40d09b | 482,479 | Yes, launch RF SZN 3 |
 0xD9D5...92D905 | 470,334 | Yes, launch RF SZN 3 |
 0x417a...be8C48 | 445,315 | Yes, launch RF SZN 3 |
VOTE POWER
Proposal Status
- Tue February 08 2022, 05:00 amVoting Period Starts
- Tue February 15 2022, 05:00 amEnd Voting Period
Current Results
1-Yes, launch RF SZN 3
17.933M
2-Yes, but different params
1.49M
3-No, don't launch RF SZN 3
662,633.693