Ambire Rewards Season 2 Proposal

Author: Ambire Wallet Date: December 09, 2025

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Looking ahead to Season 2, we’ve evaluated earlier seasons and propose a refined framework that more closely aligns with Ambire’s long-term TVL and revenue goals.

You could say that Season 2 will be a "return to origins" as it will look a lot like the original Ambire Rewards program from the pilot Season 0.

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Overall mechanics

The season will start on December 15th, 2025, and end 90 days later. $stkWALLET rewards will be distributed one month after the end of the season, to allow for correct calculations to take place and to be adjusted if necessary.

The rewards will be calculated proportionally based on the total reward pool and the individual user score, as follows:

user_rewards = user_score / sum(all_user_scores) * total_pool

The user score will be calculated as follows:

balance_score = user.avg_balance_in_usd / 1000
stkWALLET_score = user.avg_stkWALLET_balance_in_usd / 1000 * 20
liquidity_score = user.avg_WALLET_liq_in_usd / 1000 * 30
swap_volume_score = user.swap_vol_in_usd / 1000 * 10
governance_score = user.governance_proposals_voted_in.map(x => x.governance_weight).sum() * wallet_token.price / 2000
total_multiplier = 1.06 ** user.number_of_community_multipliers

user_score = (balance_score + stkWALLET_score + liquidity_score + swap_volume_score + governance_score) * total_multiplier

In other words, you will get a separate score for average balance, average staked $WALLET, average provided $WALLET liquidity, swap volume, and governance participation. This score will then be summed and multiplied by the community multipliers, resulting in your final score.

As part of this proposal, the team reserves the right to change the arbitrary constants/weights.

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Average balances

When referring to "average" when it comes to balance, we mean the average between all snapshots taken during the season. Snapshots will be taken at a random time once per week.

For UX purposes, the UI may mix in live data (e.g, if you have no snapshots, we'll show your live data) to avoid user confusion as to why they don't have a provisional score.

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Distribution vesting

All rewards will be vested as per user governance proposal, with exact rate and mechanics subject to a further vote.

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Total rewards pool

The rewards pool will depend on the equivalent in USD of generated Ambire Swap & bridge volume during the season.

Thresholds:

• Under $3MM -> season extended and subject to governance
• Over $3MM volume -> $100k worth of $WALLET
• Over $5MM volume -> $200k worth of $WALLET
• Over $10MM volume -> $400k worth of $WALLET

The reward tokens will be minted from the Ambire Rewards budget in the DAO allocation as previously voted.

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Community multipliers

• Active user: at least one Ethereum transaction per week, all weeks during the season, except up to 2
• Trustless manifesto: pledged to the trustless manifesto https://etherscan.io/address/trustlessmanifesto.eth
• LobsterDAO: holds a lobster NFT
• CryptoTesters: holds a CryptoTesters NFT
• Ambire OG: has an Ambire Gas Tank NFT, Legends NFT, or any Ambire conference POAP
• Gitcoin passport
• GHO passport

Other multipliers may be added later on. Each multiplier multiplies your score by 1.06.

For NFT-derived multipliers, we'll count it only if you've held it during at least two-thirds of the snapshots from the moment of adding this multiplier to the end of the season.

For example, the season will have 13 total snapshots (one for each week). If the multiplier is introduced at the midpoint of the season, you'll need to have it at the time of 8 snapshots to be eligible. In the UI, we'll only show the current status of whether you have it or not.

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Eligible tokens, networks, and protocols

To calculate user balance, we'll look at tokens and protocols across Ethereum, Optimism, Base, and other subsequently announced chains.

In the one-month calculations period after the conclusion of the season, we will reserve the right to make changes to this scope, so that double-countings can be removed, but also significant uncounted balances can be fixed.

Anti-sybil and disqualification

In this new score math, there's no incentive to split your balance between multiple accounts, as all counting is linear.

In any case, in case any sybil attack opportunities arise or are found, the Ambire team reserves the right to take immediate measures: disqualify abusers, change score calculations, penalize scores, or any other measure.

The Ambire team reserves the right to disqualify or penalize users for any or no reason.

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Stopping $stkWALLET staking rewards

Currently, just holding $stkWALLET makes it appreciate by default, thanks to automatically minted staking rewards.

We propose to stop this process, as:

• $stkWALLET will still incur gains from revenue distributions decided by the DAO (token buybacks)
• $stkWALLET holding is still rewarded thanks to the staking score
• We reduce user confusion, as the reward from staking will come from only one place
• To reduce token supply inflation, leaving more unminted $WALLET tokens for rewards

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The question is: Should Ambire launch Rewards Season 2 with the abovementioned terms?

Voting options

• Yes
• No

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Applicability & timing

If the vote passes with “Yes,” this change will take effect on December 15th, 2025, at the start of Rewards Season 2.

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Voting requirements

• Hold $WALLET or $stkWALLET before the snapshot.
• Please note that the voting power of $WALLET tokens is half (0.5 points) that of $stkWALLET tokens.
• Any token changes after the snapshot will not affect the voting power. For example, staking your $WALLET tokens after the snapshot will not double their voting power.

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Useful Links

Ambire Governance Votes Website GitHub X Discord Telegram Ambire Rewards