PTIP-53
Adjust Prize distribution on PoolTogether V4
We are targeting a net reduction in total prize distribution to bring the protocol closer to prize sustainability. These reductions were discussed extensively here.
Motivation
We need to bring the prize distribution closer to sustainability to avoid depletion of treasury resources. Prize distribution can be boosted again around specific goals / campaigns.
Options
Option A:
- Keeps $5, $10, $50, and $500 prizes
- Removes $1 and $200 prizes
- Replaces three $500 prizes with three $1,000 prizes
- Total of $11,160 daily value
- Total of 1,011 daily prizes
3 - $1000
48 - $50
192 - $10
768 - $5
Option B:
- Keeps $1, $10, $200 prizes
- Removes $5, $50 prizes
- Replaces three $500 prizes with three $1,000 prizes
- Total of $10,392 daily prize value
- Total of 3,279 daily prizes
3 - $1000
12 - $200
192 - $10
3072 - $1
Option C:
- Keeps $1, $10, $50 prizes
- Removes $5, $200 prizes
- Replaces three $500 prizes with three $1,000 prizes
- Total of $10,392 daily prize value
- Total of 3,315 prizes
3 - $1000
48 - $50
192 - $10
3072 - $1
Status
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Voting will be live for 48 hours, once voting completes, the new distribution will be implemented.
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Discussion: Prize Adjustment #2 - #15 by Leighton
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Vote: Snapshot