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closedEnded 2 years ago · Snapshot (Offchain)

[GP20] Galxe Contributor Program Rewards 2024

By 0xF634...921938

Abstract

This proposal is seeking funds for the Galxe Contributor Program Rewards for the duration of 2024. Building upon the successes achieved in 2023, our goal is to maintain recognition and incentives for participants in the Contributor Program, known as Space Cadets. This expansion aims to foster increased engagement, community growth and education, active involvement, responsibility, and transparency within the Galxe community.

Motivation

The Contributor Program has played a pivotal role in the growth of the Galxe community and its Discord server. Previous contributions have significantly enhanced community engagement and participation.

The Space Cadet program has seen amazing growth and contributions to the Galxe ecosystem in 2023. Below are some of the program highlights:

  • Total received applications: 3795
  • Contributors from 11 separate countries and counting
  • From 25 to 58 Cadets by the end of 2023 (132% increase)
  • Over 22,000 Discord support tickets resolved
  • Over 5,000 social media content about Galxe
  • Countless community-organized events

Space Cadets Contribution Points (2023): e99a31ef91e4c89612b72f7b2b42d7855ef42e23.png

Specification

Overview

Extending the rewards program for 2024 will uphold its existing structure, including manual contributions tracking, internal evaluation, and GAL token distribution based on contribution performance. Furthermore, the program will seek community input and recommendations to align with the Galxe community’s needs and expectations.

Scope

This proposal encompasses the following key aspects:

  1. Extending the Contributor Program rewards into 2024.
  2. Continue to promote the Space Cadet program and actively encourage participation among new and existing members.
  3. Ongoing collection of community feedback and suggestions, with adjustments implemented to the program as necessary.

Success Criteria

The successful execution of this proposal will yield the following outcomes:

  1. Sustained recognition and rewards for Contributors, fostering increased engagement and contributions from community members.
  2. Ongoing expansion and maturation of the Galxe community.
  3. Elevated engagement, activity, and growth levels within the Galxe community.
  4. Streamlined program operations and exceptional Contributor performance.

Timeline/Budget

The following budget covers the whole duration of 2024, with the budget increasing around 10% each quarter due to the forecasted program growth.

Q1, 2024

  • January → 8000 GAL tokens
  • February → 8000 GAL tokens
  • March → 8000 GAL tokens

Q2, 2024

  • April → 8800 GAL tokens
  • May → 8800 GAL tokens
  • June → 8800 GAL tokens

Q3, 2024

  • July → 9700 GAL tokens
  • August → 9700 GAL tokens
  • September → 9700 GAL tokens

Q4, 2024

  • October → 10,650 GAL tokens
  • November → 10,650 GAL tokens
  • December → 10,650 GAL tokens Bonus budget, distributed based on Contributor performance: 8550 GAL

Total requested budget: 120,000 GAL

Implementation will begin upon Snapshot approval and will be sustained throughout 2024. Specifically, the Contributor Program rewards will be distributed monthly after the end of each month in 2024.

References (Links)

  • Galxe Contributor Program Overview
  • [GP12] Galxe Contributor Program Rewards (Q4 of 2023)
  • Apply now to become a Galxe Space Cadet - Galxe Contributor Program
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Votes 7257
VoterCast PowerVote & Rationale
0xAe8d...4a0Dc5
762,213

For

0xd2A0...B9Bf92
423,264

For

0x103c...6D5931
222,213

For

0x8e88...1E50F7
219,990

For

0xA35C...7c1bD9
199,998

For

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Proposal Status
  • Wed January 24 2024, 10:00 amVoting Period Starts
  • Mon January 29 2024, 10:00 amEnd Voting Period
Current Results

1-For

2.702M

99.79%

2-Abstain

2,997.308

0.11%

3-Against

2,698.789

0.1%
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