I’d like to add another discussion point that I think is worth covering: having different tiers per chain. This idea has already been discussed and has support.
This morning the PT Inc team discussed feasibility in terms of user experience and technical work. The team believes having the same prize amount per prize pool is essential. It’s an incredibly important meme to say “you could win $X amount of dollars every day” no matter what chain they deposit on.
However, how that prize money is distributed can be configured per-prize pool. This is important, because:
- Polygon users clearly love the $1 prizes. We constantly see tweets about it.
- A prize below even $200 isn’t worth it on Ethereum. Users may see this and feel like they’re being scammed.
- Growth has stagnated on Avalanche, even with the subsidies. It may be worth experimenting by tuning the distribution.
- L2s such as Optimism will also have higher transaction costs
There are a few smallish changes we’d need to make to the app to support different prizes per chain, but nothing terribly significant. The smart contracts are already set up for it.
It’s worth having the conversation now, as we explore changing the prize distributions. Shall we make fat prizes on Ethereum, a slightly broader distribution on Avalanche, then a dist to make fish happy on Polygon?