#47 - Amendments to Proposal 45 (MetFier Qualifier)

Proposal to amend proposal #45 MetFier Rewards qualifier.

Background

After Proposal #45 was posted a few days ago a number of enhancements were suggested by the community.

After collating the suggestions, a sentiment check was posted in our Discord and the community chose their preferred model.

This governance vote (proposal #47) reflects what the majority of community members requested so if this proposal #47 passes it will supersede Proposal #45, found here: https://dao.metfi.io/#/proposal/0xfcaa6fb9b9425538d129afbff25536b04afcccd7bb698f1d6b6a8f5c3bdc3b63

How It Works

Leave the existing MetFier Rewards model as it is today without a qualifier for the rewards that MetFi launched with. This means that Matrix, Fast Start, Matching, and Token Staking Rewards DO NOT require an account to be qualified to receive these rewards.

New products (post-launch) such as MetaQuiz, MetaBid, Supercharge Rewards, and Star Achiever Rewards and all future product rewards WILL require an account to be qualified to receive these rewards.

The qualification criteria to receive rewards on the new products are as follows:

1. Hold a Shrimp (or higher) NFT
2. Generate a monthly minimum of 100 USDT of transactional activity from your wallet by: o Upgrading your NFT o Buying or gifting MetaQuiz tickets o Buying or gifting MetaBid BIDs (see proposal #46) o Gifting NFTs (including Plankton) o Future product purchases and/or gifts.

The monthly cycle will be 4 weeks long and will start for everyone on the same date and time and there will be a countdown showing the remaining time and how much your wallet has generated and/or needs to generate for the month.

Qualifications will always be for the NEXT 4-week cycle. When buying or being gifted your first NFT users will be automatically qualified for the current and next cycle.

There may be additional requirements to earn commissions on specific products (see proposal #46 MetaBid).

Members will be able to automate their 4 weekly spend to ensure that they are always automatically qualified e.g. buy 10 x MetaQuiz tickets every 4 weeks – this will be an opt-in and opt-out subscription and you can always do this manually if that is your preference.

Vote Discussion

Join the discussion on this proposal in the MetFi DAO Discord and head over to the #vote-discussion channel.

Proposal

If the community approves this proposal with a FOR vote – MetFier Rewards qualifiers will be deployed as outlined in this proposal and proposal #45 will be null and void.

Please vote FOR to approve this proposal or AGAINST to block this proposal.