CW20 Token Rewards Integration for NFT Staking Platform

[thebkspecial]

Proposal: CW20 Token Rewards Integration for NFT Staking Platform

1. Summary

Uju Labs proposes expanding the reward system to support CW20 tokens as staking rewards. This enhancement will allow the platform to offer a wider range of incentive assets to stakers.

2. Background and Context

The current NFT staking system consists of three main components:

• VaultFactory for managing stake vault creation
• NftVault for handling NFT staking operations
• StakeRewards for managing reward distribution

This proposal aims to extend the StakeRewards contract to support CW20 tokens while maintaining the existing architecture's modularity and security.

3. Proposed Changes and Additions

3.1 Smart Contract Modifications

Create a new CW20 StakeRewards contract

• Create a new StakeRewards contract that supports CW20 tokens, with the same interface as the current one
• Implement CW20 receive message for token deposits
• Allow users to claim rewards in CW20 tokens

Update NftVault to integrate the new StakeRewards contract

• Allow creation of reward accounts with CW20 tokens

3.2 Admin Interface Enhancements

• Add CW20 token configuration in the admin panel:
  • Token address registration
  • Reward rate configuration
  • Distribution schedule management

4. Milestones and Timeline

1. Smart Contract Development (1 week)

   • CW20 integration implementation
   • Testing framework setup
   • Contract optimization

2. Admin Interface Development (1 week)

   • CW20 management features
   • UI/UX implementation
   • Integration testing

5. Cost Breakdown

Component	Estimated Cost
Smart Contract Development	130,000 PASG
Admin Interface Updates	80,000 PASG
Total	210,000 PASG

6. Additional Considerations

Testing Strategy

• Unit tests for all new functionality
• Integration tests with existing contracts
• Audit not included

7. Maintenance and Support

• Deployment support
• Bug fixes and minor adjustments
• Technical consultation

8. Conclusion

This enhancement will significantly expand the platform's capabilities by enabling CW20 token rewards. The proposed implementation maintains the system's modular design while adding powerful new functionality. Uju Labs has the expertise and experience to deliver this enhancement efficiently and securely.

9. About Uju Labs

Uju Labs is a blockchain development studio with extensive experience in CosmWasm smart contracts and NFT platforms.

[thebkspecial]

This bounty has been assigned to @tasiov and first 50% payment issued.