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ChainGuardiansChainGuardiansby0x39474bA8e9bC1fb0F190b01b6f2443e71d0c7fD00x3947…7fD0

[Treasury] - Treasury Request for $100,000 Reward Pool

Voting ended over 3 years agoFailed

Author: Ben

Summary

  • Allocate $100,000 in rewards to be expended over 12 months in the ChainGuardians ecosystem.
  • Eligible platforms for infusion: ChainGuardians NFT Mining, ChainGuardians - RPG, ChainBunnies Survival Game, future gaming products
  • Team to provide monthly reports on usage of funds

Specifications

Star Contracts #1 proposes mechanisms to boost and increase the earning potential within the ChainGuardians ecosystem. Through the various ChainGuardians gaming platforms, this proposal will level up the opportunities to earn for active, new, and contributing community members.

Outcomes

If passed, this proposal would allocate $5,000 per month towards consistent and expected reward infusions, representing a $60,000 fixed fund. The remaining $40,000 would be established in a variable fund - the only time-based parameter for the variable fund is the necessity for usage within the 12 months. The fixed and variable fund model facilitates predictable reward infusions while simultaneously enabling the necessary flexibility for crucial promotional periods, increased rewards for releases, and other game product-related events.

If rejected, no reward infusion would occur due to this proposal.

The allocation of each fund will be at the discretion of the ChainGuardians team. For example, how the funds are used within the fixed fund may change every month; see the example hypotheticals below. This measure ensures fund allocation will best promote and align with new releases, upgrades, and updates to maximize the growth and exposure of the ChainGuardians ecosystem.

A monthly report with corresponding transaction IDs will be published showing the allocation of funds used during the monthly period to manifest and underscore transparency.

Examples

November | Fixed Fund

$2,000 NFT Mining Three equally-valued winning blocks per day. Eligible for Solo and Pool Mining.

$2,000 ChainBunnies Survival Game $1,000 Top Plays. $1,000 Weekly Leaderboards

$1,000 RPG $500 share your team event. $500 beat the stage event.

November | Variable Fund

No expenditure December | Fixed Fund

$1,000 NFT Mining Two equally-valued winning blocks per day. Eligible for Solo and Pool Mining.

$1,000 ChainBunnies Survival Game $250 weekly leaderboards. $ 500-speed run. $250 montage contest.

$3,000 RPG $2,000 PvP tournament. $1,000 gameplay contest.

December | Variable Fund Additional $10k allocated for RPG tournament feature

TLDR

Infuse monthly rewards across the ChainGuardians ecosystem to improve earning potential. A published monthly report will show the allocation of funds. The discretion of the ChainGuardians team determines the monthly allocation.

Links

Forum Post: https://forum.chainguardians.io/t/100-000-reward-pool/34

Off-Chain Vote

Accept
1.77M CGG98.5%
Reject
26.71K CGG1.5%
Quorum:72%
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Discussion

ChainGuardians[Treasury] - Treasury Request for $100,000 Reward Pool

Timeline

Aug 22, 2022Proposal created
Aug 22, 2022Proposal vote started
Aug 26, 2022Proposal vote ended
Oct 26, 2023Proposal updated