Author[s]: Mendi Core Team
Title: Social Milestone for MLP’s Epoch 4 - Final
Type: Mendi Loyalty Point / Epoch 4 / Social Milestone Determination
This proposal defines two potential social milestones 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 4. This is the final Epoch.
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. Minimum threshold for reward distribution is 1 MLP and 50 sMENDI.
More details on updated MLP system and reward distribution:
Option 1 - Top 20 from a Malda Content Competition
Option 2 - Create a post on X about your participation in the Malda Testnet
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 advance our goal of deeper, more meaningful ecosystem engagement.