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PoolTogetherPoolTogetherby0xa5c3A513645A9a00cB561fED40438E9DFE0D6a69leighton.lens

# PTIP-53 Prize Adjustment

Voting ended about 4 years agoSucceeded

PTIP-53

Adjust Prize distribution on PoolTogether V4

We are targeting a net reduction in total prize distribution to bring the protocol closer to prize sustainability.

Discussion: https://gov.pooltogether.com/t/prize-adjustment-2/1931/21)

Options

Option A:

  • Keeps $5, $10, $50, and $500 prizes
  • Removes $1 and $200 prizes
  • Replaces three $500 prizes with three $1,000 prizes
  • Total of $11,160 daily value
  • Total of 1,011 daily prizes

3 - $1000 48 - $50 192 - $10
768 - $5

Option B:

  • Keeps $1, $10, $200 prizes
  • Removes $5, $50 prizes
  • Replaces three $500 prizes with three $1,000 prizes
  • Total of $10,392 daily prize value
  • Total of 3,279 daily prizes

3 - $1000 12 - $200 192 - $10 3072 - $1

Option C:

  • Keeps $1, $10, $50 prizes
  • Removes $5, $200 prizes
  • Replaces three $500 prizes with three $1,000 prizes
  • Total of $10,392 daily prize value
  • Total of 3,315 prizes

3 - $1000 48 - $50 192 - $10
3072 - $1

Off-Chain Vote

A
121.92K 88.4%
B
112.85 0.1%
C
15.83K 11.5%
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Timeline

Jan 25, 2022Proposal created
Jan 25, 2022Proposal vote started
Jan 27, 2022Proposal vote ended
Oct 26, 2023Proposal updated