[AGIP16] Stake 100k GHST to generate Minigame rewards
Author: Gotchinomics#4936 GotchiID: 3934 XP Reward: 20 XP for each Aavegotchi in the voter’s wallet Quorum requirement: 20% (roughly 9M according to https://aavegotchi.com/quorum/) Voting duration: 7 days Discourse Thread: https://dao.aavegotchi.com/t/creation-of-an-aarcade-dao/2128
Problem Aavegotchi aims to be one of the top Play2Earn projects in the crypto gaming space, the launch of the Gotchiverse Realm being the cornerstone to achieving this long-term goal. However, there is room for improving the short-term possibilities through seasonal gaming events. The main problem is the lack of structure and funds.
Solution Before creating a dedicated Aarcade DAO, the first step to enable play2earn rewards is to create a sustainable stream of funds. A simple and low-risk solution would be to stake a portion of the main DAO treasury, such as 100k GHST, to generate FRENS. Those could be then transformed into raffle tickets and given away to mini-game players through periodic events.
Potential risks Staking GHST will indirectly imply a dilution of FRENS/tickets. However, since they would be distributed via mini-game rewards, the impact should be minimal compared to the boost on engagement and appeal to new people.
Alternatives Wait for the Aarcade DAO to launch and let the new committee decide how to designate funds.
Option 1: Yes, stake 100K GHST Option 2: No, wait for an Aarcade DAO
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0xE91c...93d349 | 425,255 | No, wait for Aarcade DAO |
 0x417a...be8C48 | 326,586 | Yes, stake 100K GHST |
 0xf09D...ECf15e | 315,426 | Yes, stake 100K GHST |
 0x60eD...fa1EAB | 303,593 | Yes, stake 100K GHST |
 0x2F82...461DE0 | 297,469 | Yes, stake 100K GHST |
VOTE POWER
Proposal Status
- Thu December 09 2021, 04:00 pmVoting Period Starts
- Thu December 16 2021, 04:00 pmEnd Voting Period
Current Results
1-Yes, stake 100K GHST
10.969M
2-No, wait for Aarcade DAO
2.781M