The median deposit on Polygon is $130, with current prize distribution it’s $1 every 67 days, and a $5 prize 266 days
When $1 gets removed, the median user will have to wait almost 9 months on average, that’s 9 months without knowing if the protocol even works, not a good experience, a small APR could significantly alleviate that wait, meaning less people feeling like they are “wasting time” and even withdraw before winning anything
The APR could be given using the new TWAB rewards contract, it doesn’t have to be much, the average US savings account pays just 0.06 percent
Would even be in favor of non-monetary prizes. Tickets to an upcoming NFT drop prize pool, tickets to a rand delegation prize pool, xp points…or if we do some kind of ve strategy, maybe apr boosts for those staked could be part of dispersed prizes.
Thank you for the illustration! It’s a great method
Also something that Dylan noted in Discord is that we don’t need to implement the small APR directly into the protocol, “anyone” can create a relatively simple smart contract that splits a deposit between Aave and PoolTogether in a % the user chooses. But yeah right now anyone can do what you just posted which is awesome!
