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closedEnded 4 years ago ยท Snapshot (Offchain)

PTIP-76 Chain Specific Prize Distribution

By 0x9314...DA64EC

This proposal would implement prize tiering that is chain specific. By doing so we can offer prize distributions for all size Poolers and minimize the gas cost as a ratio of claimable prizes won.

With more options for Poolers we hope to see growth which will reduce treasury subsidy by generating more yield for prizes. In addition this proposal seeks to spend less by reducing the total prize value per day. All in a push towards sustainability for the protocol

This proposal also sets the prizecap to a limit of one prize per day per Pooler. This is an effort to distance the protocol from a yield farming mindset. With a chain specific prize distribution Poolers can choose their own adventure of chance.

There are 2 different sets of tiers presented for you to choose from. Option A and Option B.

For previous discussion please see this governance thread: https://gov.pooltogether.com/t/rfc-prize-distribution/2314

Option A - Total prize value per day $4,732

Option A Polygon
~~~~~~~~~~~~~~~~~
1 prize: 1,420 each
12 prizes: 20 USDC each
3072 prizes: 1 USDC each
Total per day: 3,085 prizes

Option A Avalanche
~~~~~~~~~~~~~~~~~~~
1 prize: 1,420 USDC each
192 prizes: 17.25 USDC each
Total per day: 193 prizes

Option A Optimism
~~~~~~~~~~~~~~~~~~~
1 prize: 1,420 USDC each
48 prizes: 69 USDC each
Total per day: 49 prizes

Option A Ethereum
~~~~~~~~~~~~~~~~~~
1 prize: 1,420 USDC each
3 prizes: 1,104 USDC each
Total prizes per day: 4 prizes
Option B - Total prize value per day $4505.6

Option B Polygon
~~~~~~~~~~~~~~~
1 prize: 1,126.4 USDC each
3072 prizes: 1.1 USDC each
Total per day: 3073 prizes
    
Option B Avalanche
~~~~~~~~~~~~~~~~~~
1 prize: 1,126.4 USDC each
192 prizes: 17.6 USDC each
Total per day: 193  prizes    

Option B Optimism
~~~~~~~~~~~~~~~
1 prize: 1,126.4 USDC each
48 prizes: 70.4 USDC each
Total per day: 49 prizes

Option B Ethereum
~~~~~~~~~~~~~~~~~
1 prize: 1,126.4 USDC each
3 prizes: 1,126.4 USDC each
Total per day:  4 prizes
Continue Reading
Connect Wallet to Add Note
0
Votes 214
VoterCast PowerVote & Rationale
0xB532...F953fa
52,271

OPTION A

0x01Dd...7E94dB
21,858

OPTION B

0xf756...429BA1
20,000

OPTION A

0xD708...1BaB3A
14,501

NO CHANGE

0x575C...9CcE4c
11,017

OPTION A

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VOTE POWER
0
Connect Wallet
Proposal Status
  • Wed June 15 2022, 04:09 amVoting Period Starts
  • Sat June 18 2022, 07:00 pmEnd Voting Period
Current Results

1-OPTION A

154,636.102

74.89%

2-NO CHANGE

26,594.743

12.88%

3-OPTION B

25,257.995

12.23%
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