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DOGAMÍ A.L.L.I.E.SDOGAMÍ A.L.L.I.E.Sby0x9693429F042Cebcd036c52C6c8De4a137e7C91D0DOGAMÍ Admin

#002 $DOGA Proposal: DAO Proposal: Extending Play-to-Earn Reward Pool Distribution to Extend Play-To-Earn Reward Availability

Voting ended over 1 year agoDefeated

I. PRETEXT

To extend the availability of Play-to-Earn rewards, we propose extending the distribution schedule to March 2026. This adjustment will ensure that players and NFT holders continue to benefit from meaningful incentives while supporting ecosystem stability and growth.

To achieve this, the monthly distribution rate will be adjusted, resulting in an effective halving of the rewards distributed per month, from 5.3M to 2.6M $DOGA. This change allows us to maintain a consistent reward pool for a longer period, creating lasting value for the community.

This proposal builds on the successful DAO decision #001 to burn 112M $DOGA tokens from the Play-to-Earn pool, reinforcing our commitment to token stability and positioning $DOGA for sustainable growth.

Objectives:

  1. Stabilize the Ecosystem: Reduce $DOGA distribution to lower sell-side pressure and support price stability.
  2. Extend Reward Availability: Increase the lifespan of the Play-to-Earn pool, ensuring rewards through at least March 2026. Please refer to the F.A.Q section for our plan after March 2026
  3. Attract Partners: Align incentives to attract ecosystem partners for collaborative activations, boosting community engagement.

Why Now? Community feedback highlights concerns about the attractiveness of DOGAMÍ NFTs once Play-to-Earn rewards are depleted. At the current distribution rate of 5.3M tokens per month, the Play-to-Earn pool will deplete by early July 2025. This proposed change addresses this issue by extending the Play-to-Earn schedule. In parallel, DOGAMÍ aims to onboard new partners who sponsor events (similar to the NEIRO & DOGE event) to offset the reduced rewards.

II. CURRENT TOKEN DISTRIBUTION

  • Play-to-Earn Pool Reserve (Jan 2025 onwards): ~37M tokens
  • Depletion Projection (Current Schedule): early July 2025
  • Monthly P2E Distribution until Depletion: 5.3M $DOGA
  • Vesting schedule: DOGA Token release & unlock schedule vF (v2024 Dec 04)

III. PROBLEM STATEMENT: LIMITED REWARD LONGEVITY

The current Play-to-Earn distribution rate of 5.3M $DOGA per month presents two major risks:

  • Exhaustion of Rewards: At this rate, the Play-to-Earn pool will run out by early July 2025.
  • Community Concerns: Hardcore players and NFT holders worry that the financial value of their NFTs will decline without a sustainable reward mechanism.

Without intervention, the Play-to-Earn model risks losing its appeal by mid 2025, diminishing community engagement, and straining the ecosystem’s growth trajectory.

IV. PROPOSAL

  • We propose halving the Play-to-Earn reward distribution from 5.3M to 2.6M $DOGA per month, effective from the third week of January 2025.
  • Revised Depletion Projection: March 2026 (earliest)
  • Implementation Flexibility: Rather than simply cutting the rewards in half whilst maintaining the same amount of PvP events each day, we will be looking at reducing the number/frequency of events. The exact reduction in event frequency has not been determined yet as we wish to remain flexible. This could be for example, running PvP event every 2 days (1 day ON, 1 day OFF) coupled with a narrower leaderboard. As previously mentioned, the exact implementation is still discretionary in order to optimize the attractiveness for existing and new players but we have taken note of the comments from the community.

V. FUTURE INITIATIVES TO ENSURE REWARDS FOR NFT OWNERS

To complement the reduced $DOGA distribution:

  • Integration of Partner Tokens: Ongoing pilot programs with projects such as DOGE, Shiba INU, and NEIRO explore opportunities to substitute or supplement $DOGA rewards with tokens from partner ecosystems.

  • Governance Participation Rewards: NFT owners have weight in the governance process. By participating in the governance process, they can get a share of the $DOGA reward pool. The weight of the NFTS can be found here, under ‘new weights’.

VI. ANTICIPATED BENEFITS

  • Extended Play-to-Earn Incentives: Reward distribution through March 2026 maintains long-term engagement for NFT holders.
  • Enhanced Ecosystem Stability: Reduced $DOGA supply decreases selling pressure and strengthens market confidence.
  • Community Engagement: Partner token rewards diversify incentives, increasing the appeal of events and strengthening DOGAMÍ’s position as a collaborative gaming franchise. Our aim is to balance the reward distribution of partner incentives between existing holders and new players

VII. REWARD FOR VOTING

To encourage active participation, 0.5M $DOGA will be distributed pro-rata to voters based on relative vote share. This is in line with our commitment to rewarding community engagement and aligning incentives.

VIII. VOTING DETAILS

  • NFT holders can vote on this proposal. Voting weights and additional details can be found in the documentation here.

  • The quorum is 10M OVERALL across all platforms: 5M on Snapshot.org; 5M on Tezos Homebase. This means that it can be met regardless of whether the quorum on the individual platforms is met. (For example, if there are 6M votes on Snapshot and only 4M on Tezos, the quorum is met. If there are 10 votes on one of them platform at none on the other, the quorum is met.)

IX. FREQUENTLY ASKED QUESTIONS

1. What are the plans if we don’t extend? Are there any? We plan to sustain and enhance the P2E experience with the following strategies:

  • Sponsored events with partners (such as NEIRO, DOGE, etc.): Partner-backed events will offer web3/web2 rewards for both loyal users and new holders, ensuring engagement and broadening our community reach.

  • Community Reward Programs Beyond DOGAMÍ Academy: Fans can win rewards through diverse initiatives like social media challenges, leaderboards, and creative competitions, fostering continuous participation

  • Governance rewards for $DOGA & NFT holders who participate in the governance process

Benefits:

  • Sustainability: Sponsored events help maintain valuable rewards.
  • Engagement: Dynamic programs encourage creativity and loyalty.
  • Growth: Partner events attract new users and expand our ecosystem

Please note that given the volatile nature of the crypto(-gaming) industry, most projects work on a short planning horizon. Therefore, it is not possible to already list specific partners for this scenario.

2. What is the distribution of these partner tokens? How many % of players? New players, old players?

  • The distribution of partner tokens is discretionary, as we aim to maintain a balance between user acquisition and ongoing engagement of loyal users. This approach ensures that new players are incentivized to join and explore the ecosystem, while long-term players continue to feel valued and rewarded for their loyalty and contributions. Thereby, we want to grow the cake for everybody.

X. DISCLAIMER

Votes on the DOGAMÍ A.L.L.I.E.S. platform are not legally binding. The management team will strive to implement the community’s decisions, as long as they align with financial and regulatory constraints

Off-Chain Vote

For
18.75M DOGA31.9%
Against
39.33M DOGA67%
Abstain
597.84K DOGA1%
Quorum:1173%
Download mobile app to vote

Discussion

DOGAMÍ A.L.L.I.E.S#002 $DOGA Proposal: DAO Proposal: Extending Play-to-Earn Reward Pool Distribution to Extend Play-To-Earn Reward Availability

Timeline

Jan 17, 2025Proposal created
Jan 17, 2025Proposal vote started
Jan 20, 2025Proposal vote ended
Jan 20, 2025Proposal updated