LIVE FOR VOTING ON SNAPSHOT: Snapshot
PREVIOUS DISCUSSION: RFC: Prize Distribution
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: RFC: Prize Distribution
Option A - Total prize value per day $4,732
Option A Polygon
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1 prize: 1,420 each
12 prizes: 20 USDC each
3072 prizes: 1 USDC each
Total per day: 3,085 prizes
Option A Avalanche
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1 prize: 1,420 USDC each
192 prizes: 17.25 USDC each
Total per day: 193 prizes
Option A Optimism
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1 prize: 1,420 USDC each
48 prizes: 69 USDC each
Total per day: 49 prizes
Option A Ethereum
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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
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1 prize: 1,126.4 USDC each
3072 prizes: 1.1 USDC each
Total per day: 3073 prizes
Option B Avalanche
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1 prize: 1,126.4 USDC each
192 prizes: 17.6 USDC each
Total per day: 193 prizes
Option B Optimism
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1 prize: 1,126.4 USDC each
48 prizes: 70.4 USDC each
Total per day: 49 prizes
Option B Ethereum
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1 prize: 1,126.4 USDC each
3 prizes: 1,126.4 USDC each
Total per day: 4 prizes