[MLP/E2/S] Social Milestone for MLP Epoch 2

Author[s]: Mendi Core Team

Title: Social Milestone for MLP’s Epoch 2

Type: Mendi Loyalty Point / Epoch 2 / Social Milestone Determination

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Overview

This proposal presents two potential social milestones for Epoch 2, for the updated Mendi Loyalty Points (MLP) system. Voting on the milestones will guide how we incentivize growth within the Mendi community and engage our members meaningfully with our socail activities. The social milestone that receives the most votes will be active for the duration of Epoch 2.

If the milestone is achieved, MLP (and potentially staked MENDI rewards) will be distributed to contributors who participated. Rewards are distributed evenly across 3 channels; 33% for $MENDI Stakers, 33% for Borrowers and 33% for Task-achievers (task-achiever rewards are split in two parts: on-chain (16.65%) and social (16.65%).

Task achievers must have at least 300 $MENDI staked to be eligible for rewards.

More details on updated MLP system and reward distribution:

https://mirror.xyz/0x4Da818DD3aAfb9D042a76B5037cdBa61533C7692/FzBSv3rT6ixDLolcHc7IOCcQUG9dHEBYFFbYa4A1Cfw

Options

Option 1 - Reach 250 comments

• Goal: Achieve 250 comments on a designated Mendi X post specified on Intract.
• Measurement: Number of comments will counted based on X at the end of the Epoch.
• Reward Structure: Rewards will be distributed to users who verified their comment on Intract.

Option 2 - Reach 15k impressions

• Goal: Achieve 15,000 impressions on a designated Mendi X post specified on Intract.
• Measurement: Number of impression will be counted based on X at the end of the Epoch.
• Reward Structure: Rewards will be distributed to users who verified any interaction with the post on Intract.

Key Considerations

Voting on this proposal allows the community to shape which social milestone we pursue for this epoch. Reaching the milestone will unlock rewards for participants and fostering a vibrant social reach around Mendi.

Timeline

• Vote to determine milestones: Nov 21st - Nov 23rd
• Epoch 2: Nov 23rd - Dec 7th