Adjust Prize distribution on PoolTogether V4 We are targeting a net reduction in total prize distribution to bring the protocol closer to prize sustainability. These reductions were discussed here https://gov.pooltogether.com/t/prize-adjustment-3/2097
Motivation We need to bring the prize distribution closer to sustainability to avoid depletion of treasury resources. Prize distribution can be boosted again later around specific goals / campaigns.
Options
OPTION A: $7,180 daily prize 1 - $1000 3 - $100 12 - $50 48 - $10 192 - $5 768 - $5 Total number of prizes: 1024
Small improvement to current odds. APR is evenly distributed in different chains - Distribution is optimized in consideration for gas on Avalanche. Overall balanced structure (more prize tiers than current distribution).
SMALL FISH ON POLYGON 8.27 % APR WHALE ON POLYGON 3.09 % APR SMALL FISH ON AVALANCHE 7.17 % APR
Off-Chain Vote
YES
336 63.5%
NO
193 36.5%
Timeline
Mar 24, 2022Proposal created
Mar 24, 2022Proposal vote started
Mar 26, 2022Proposal vote ended
Oct 11, 2024Proposal updated