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ShapeShiftShapeShiftby0x2bA27eDd22f22Ddcd58980a7B9C6387507c052650x2bA2…5265

[SCP-88] Shapeshift integration to Staking Rewards (+Verified provider program)

Voting ended over 3 years agoSucceeded

Summary Successful integration would make Shapeshift Asset and Provider data accessible to Staking Rewards’ core data API service used by crypto banks, exchanges, blockchain institutions, and from the community of 450k unique monthly users/stakers getting exposure to the Public profile. Apart from enjoying the best-in-industry SEO, this grants exposure to Shapeshift Earn Vaults and will reflect in improved Staked Value, Engaged balance, Number of unique Stakers metrics, and benefits such as becoming a Verified Provider (more details below).

Abstract Staking Rewards is the core staking data info hub backed by DCG, Galaxy Digital, and Coinshares and has approved Shapeshift as a quality project (based on industry traction and research) for the proposal.

Motivation New and existing Shapeshift stakers should be included in Tier 1 institutional staking API as well as have a consolidated view on a page with the best SEO that allows easy research on the $FOX asset, analyzed Shapeshift Earn Vaults, Shapeshift Wallet service to be able to decide which DAO community to join.

Specification A detailed breakdown with the list of deliverables is structured in a) Asset integration, b) Provider integration, and b+) Verified provider program.

**a) $FOX Asset integration - Standard package ($FOX + validators) **Public Profile In-Depth FAQ’s Real-time Metrics & Calculations Integration Announcement on Twitter Advanced Reward Calculator Calculator Widget Telegram Support Maintenance & Updates Validator On-chain Data, maintenance, updates

Price = 25.000€ in USDC (1st payment installment)

b) Provider integration includes: Shapeshift Earn Vault integrations (existing and new) Shapeshift Software Wallet integration Public Provider Profiles In-Depth FAQ’s Real-time Metrics & Calculations Integration Announcement Advanced Reward Calculator Calculator Widget Telegram Support Maintenance & Updates Provider profile will display on-chain data for Vaults Vault Maintenance & Updates Eligibility for Verified provider Program

Price = 10.000€ in USDC (2nd payment installment)

**b+) VERIFIED PROVIDER PROGRAM **Upon passing the program in the batch of June, together with prominent crypto banks and leading staking infrastructure providers, Shapeshift will enjoy the benefits described under the Benefits section below.

Benefits Apart from being included in the staking data API, and getting exposure from 450k unique monthly stakers, the most exciting benefit is the inclusion in the Verified Provider program:

  • A verified rating on Staking Rewards
  • Prioritized ranking on Staking Rewards
  • Inclusion in the custom section for Verified Providers (filter) on the Staking Providers page
  • Direct Stake now button on the Provider overview page
  • Highlighted profiles
  • Verified Announcement across SR social channels
  • License to share the SR verified widget and certificate on the Provider’s website
  • Showcase of all supported assets (even those not integrated with SR)
  • Customer Reviews on their Staking Rewards profile
  • Moderation Access on the Staking Rewards Provider profile (later in 2022)

Drawbacks There is no risk of Staking Rewards not delivering the above proposal and this is clear based on industry traction, reputation, and client satisfaction. Staking Rewards has integrated hundreds of assets with great success and excellent client feedback since 2018.

The integration does include RESPONSIBILITIES from Shapeshift:

  • SHAPESHIFT must provide the required information in the questionnaire and accompanying docs issued by SR in a timely and accurate manner (ideally 1-2 weeks)
  • SHAPESHIFT must provide the necessary technical documentation, contacts, and API endpoints (if not available) that are required to determine and integrate all the relevant metrics
  • SHAPESHIFT must add the SR Verified Provider Widget to your official website footer
  • In the case of failure of the verification program, SHAPESHIFT has a right to challenge and/or reapply for the Verified provider program within 90 days of the failure date at no cost. No refund is available upon the second failure.

Amount Requested: 1st installment: 25.000€ in USDC (or $FOX +15% premium) due 24hours after approval

2nd installment: 10.000€ in USDC (or $FOX +15% premium) on the 25th of August 2022

Payment must be made to an Ethereum wallet available upon request.

Vote

For - The community supports the a) Asset integration, b) Provider integration including Earn vaults, Wallet, b+) Verified provider program based on the details outlined above and approves the payment of 25.000€ and 10.000€ in USDC (or $FOX token with +15% premium) in two installments.

Against - The community does not support the above proposal

Off-Chain Vote

For
3.75M FOX68.4%
Against
1.73M FOX31.6%
Quorum:137%
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Timeline

Jun 28, 2022Proposal created
Jun 28, 2022Proposal vote started
Jul 01, 2022Proposal vote ended
Oct 26, 2023Proposal updated