| Team Name | PoolTogether Inc Prize Team |
| Quarter and Year | Q4 2022 |
| Payout Address | 0x1234 |
| Total USD Value Requested | ~$19,000 USD |
Purpose
The prize team grows the protocol by monitoring and implementing changes to distribution of prizes.
Example duties: sharing a roadmap for prize growth, adjusting prizes, optimizing prize distribution to create the best user experience.
Goals
- Create more excitement around prizes being awarded
- Increase headline prize size over $1,000 per day
- Transition to weekly prizes & launch prize show
- Increase number of unique winners per day (current ~400)
- Launch at least 1 non-USDC prize campaign
- Build analytics dashboard analyzing how any changes to prize distribution impacts protocol usage
- Drive effective prize APR at scale (current 3.5%)
- Conduct interviews with depositors understanding their desires
- Conduct surveys informing satisfaction with prize distribution
- Gather outside research and experts on ideal prize distributions
- Monitor prize subsidy and seek long term prize sustainability
- Prove out relationship between prize APR and deposit growth
Budget
- $15,720 in stables
- 3,451 POOL tokens
- There is currently ~$180,000 USDC in reserves, therefore, no new prize subsidy is needed for Q4.
Requested Amount
| Amount | Token |
|---|---|
| 15,720 | USDC |
| 3451 | POOL |
Team Members
| Role | Yearly USD Compensation | Commitment Percentage | Quarterly USDC | Quarterly POOL | Contributor |
|---|---|---|---|---|---|
| Team Lead | NA* | NA | NA | NA | Leighton (interim) |
| Analytics | NA | NA | NA | NA | Ncookie |
| Analysts | $102,000 | 25% | $5,240 | 1151 | Bronder |
| Analysts | $102,000 | 25% | $5,240 | 1151 | Underthesea |
| Product | NA | NA | NA | NA | Dylan |
| Research and design | $102,000 | 25% | $5,240 | 1151 | Open |
*NA: people working full time for PoolTogether Inc. are getting compensated through the company but not for this role through this team.
Team Expenses
None
Appendix
Token Pricing
| Token | USD |
|---|
| USDC | $1 |
| POOL | 0.98 |