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TrotelCoinTrotelCoinby0x8333c1B5131CC694c3A238E41e50cbc236e73DbCalexandretrotel.eth

[TIP-2] Batching rewards

Voting ended about 2 years agoSucceeded

Abstract

This proposal outlines a modification to the TrotelCoin learning platform, aiming to enhance user experience and address current challenges related to gas fees for token claiming. The proposed change allows users to batch their token claims after completing multiple quizzes, optimizing the gas cost and improving overall usability.

Currently, users are required to pay gas fees each time they claim TrotelCoins after completing a quiz. This can be inconvenient and discourages users from frequent token claiming. The proposed modification aims to streamline the process, enabling users to claim tokens in batches, reducing the impact of gas fees.

Methodology

Batched Token Claiming Logic

Implement a modification to the smart contract logic to enable batched token claiming. Users can accumulate earned TrotelCoins by completing multiple quizzes before initiating a single transaction to claim their tokens.

This includes, developing a secure backend integration to facilitate admin-level calls to the smart contract. This involves establishing a secure communication channel between the TrotelCoin platform and the smart contract to trigger batched token claiming on behalf of users.

To implement the proposed modifications, the first step involves enhancing the smart contract by adding a 'batchClaimTokens' function, allowing users to accumulate TrotelCoins and claim them in a single transaction. The backend integration must then be developed to securely trigger this function, ensuring that only authorized administrators can initiate batched token claiming. This involves using secure communication channels, such as ethers.js for interacting with the Ethereum blockchain. Simultaneously, concerns related to offchain data storage and transparency should be addressed by implementing transparent and secure methods, possibly using decentralized storage solutions like IPFS. Striking a balance between user convenience and maintaining the project's commitment to security and transparency is crucial throughout the process. Thorough testing and continuous monitoring are essential to ensure a successful deployment and effective optimization of the TrotelCoin learning platform.

This also addresses concerns related to offchain data storage by implementing transparent and secure methods and utilizing decentralized storage solutions or cryptographic techniques to maintain the integrity of the algorithm responsible for TrotelCoin distribution. I believe this is better for users experience but this poses a threat to the decentralized aspect of the platform and transparency.

Let's sum it up here.

Benefits

User Convenience: Users can save on gas fees by claiming tokens in batches, encouraging more frequent engagement with the platform.

Cost Optimization: Reduced gas fees contribute to a more cost-effective token claiming process for both users and the platform.

Scalability and Growth: As the platform expands, the proposed modification sets the foundation for scalability, accommodating a growing user base and potential sponsor interactions.

Challenges and Considerations

Security Measures: Ensure robust security measures in backend integration to prevent unauthorized access and maintain the integrity of the smart contract.

Transparency: Address concerns about offchain data storage by implementing transparent and secure methods, maintaining the project's commitment to transparency.

Conclusion

This proposal advocates for a strategic modification to the TrotelCoin learning platform, aligning with the project's long-term goals of user engagement, cost optimization, and scalability. By allowing batched token claiming, the platform aims to enhance the overall user experience and lay the groundwork for potential future value appreciation of TrotelCoins.

Off-Chain Vote

For
145.78K TROTEL0.5%
Against
0 TROTEL0%
Abstain
26.6M TROTEL99.5%
Quorum:2675056384%
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Timeline

Jan 28, 2024Proposal created
Jan 31, 2024Proposal vote started
Feb 15, 2024Proposal vote ended
Oct 11, 2024Proposal updated