Aavegotchi

Author: Oliver Spoon, Fifoooo GotchiID: 4858, 4895 Quorum requirement: 20% (9M) Vote duration: 10 days

Discussion: https://discord.com/channels/732491344970383370/1110591248269582468

Gm everyone,

Today I present the first ever DAO Forge Competition. For the pilot season, we will keep it simple with a single snapshot capturing the Top 100 gotchis by smithing XP.

The current leaderboard is here: https://wearables.report/smithing-skill.html

The high level points:

• A single snapshot will capture the leaderboard
• Top 100 gotchis by smithing xp will be awarded prizes
• Prizes will be airdropped to the gotchi owner’s wallet (rented gotchis will also route prizes to their owners)
• The snapshot date will be Saturday, September 7th during the hangout
• Prizes will distribute 10% of the total supply from the new schematics release
• The new schematics are from the community design competition which was held on July 6th, 2024

The Project

We will design a designated live-updating leaderboard (the link above is only daily) capable of handling the snapshot for the competition. The site will be designed future-ready to allow for more seasons should we choose to have them. The site will have an admin backend that will allow us to deploy the prize distribution script.

Prize Structure

Prizes are for individual gotchi smithing xp.

Prize breakdown is as follows:

• Top 100: all new common schematics
• Top 50: all new uncommon and below schematics
• Top 25: all new rare and below schematics
• Top 10: all new legendary and below schematics
• Top 5: all new mythical and below schematics
• “And below” means all schematics below the mentioned rarity. Ie: Top 25 will receive all new rare, uncommon, and common schematics

Ties: in the unlikely but nonzero chance of a tie that falls across two prize bands, the upper tier prizes for those gotchis will be pooled and distributed at random to them. For example, rank 50 and 51 have the same points. The total prizes would be two each of the common schematics and one each of the uncommon. The pool of uncommon schematics would then be distributed at random to the two gotchis.

As this is incredibly unlikely to occur (presently there is only one tie in the top 100 and it is rank 99), the tie breaker RNG would be handled off-chain during the hangout for verification.

Purpose of the competition:

• Award the biggest forge users with prizes relevant to their craft
• Provide a healthy distribution for the upcoming schematics release. Without the competition, all new schematics will go into the geodes, making them very difficult to obtain.
• Incentivise players to use the forge and burn alloy in the process
• Provide a fun experience for the community

If this season goes well, we can add this competition to our ecosystem as a means to distribute future wearables. For subsequent seasons, we could implement more mechanics like delta xp and so on.

Funding request:

The total cost of the competition is $5500 USD equivalent paid in stable coins.

Competition planning and coordination, website design and graphics - $2,000 Oliver Spoon Web development, admin page for distribution, smart contract work, testing, and prize deployment - $3,500 Fifoooo & PG

Upon successful passing of the proposal, the full sum is to be sent to 0xa2e3680A18aBAfEff813E8aA67AEfB49bf078C86 Payment can be made in USDC, DAI, aUSDC, or aDAI on either Polygon or Ethereum network