We have successfully shipped the basic contest functionality, allowing users to post and earn rewards based on a scoring mechanism. Currently, contests are gated to one topic on the platform. However, based on user feedback, we want to expand the contest types and payout mechanisms to offer more engaging experiences.
This ticket outlines the additional contest types and a tips allocation mechanism we aim to enable in the future. It serves as an early heads-up for the platform team, allowing them to prepare for potential development and integration.
Project Owner
@dillchen
Bucket ID
No response
User Stories / Acceptance Criteria
Understand the scope for the following. Describing the set of changes to the platform side required for each to work.
Type 1: KOHContest (King of the Hill)
What it does:
KOH is a “King of the Hill” style game. Every interval (N), a percentage of the fees generated by tokens in the Bonding Curve phase will be used to buy the top token that hasn’t exited the BC phase.
The goal is to incentivize the KOH token out of the BC Launch Phase and into an AMM.
KOH’s ownership of memecoins should be either burned or added to LP (liquidity pool) for further protocol revenue.
There should be no need to relay transactions via the contest worker because scoring and payout logic should all be in the contract cc: @ianrowan for context for the eng team
Type 2: Site-Wide Contest
Objective:
We want to implement site-wide contests where total points are calculated using the platform’s scoring mechanism. Payouts would be awarded based on these points across the entire site rather than being limited to a single topic.
Payout Structure: The rewards would be distributed to upvotes calculated via a user's points accumulated site-wide. (Likely via #9424 or smth)
Type 3: Tips Allocation
Description:
We aim to integrate a tipping mechanism where a pool of tokens is allocated based on a community’s activity. This mechanism would allow users to receive payouts in proportion to the number of upvotes they accumulate.
Unlike the current contests, this system would not be as “top-heavy” and would reward users 1:1 or proportionally to the engagement (upvotes) their contributions receive.
Admin Panel Integration:
Tips could be configured in the community admin panel, allowing communities to allocate and manage their own tip pools.
Type 4: Add'l Reward Types
Description:
Adds NFTs or allows user to claim namespace ID after winning a contest
Description
We have successfully shipped the basic contest functionality, allowing users to post and earn rewards based on a scoring mechanism. Currently, contests are gated to one topic on the platform. However, based on user feedback, we want to expand the contest types and payout mechanisms to offer more engaging experiences.
This ticket outlines the additional contest types and a tips allocation mechanism we aim to enable in the future. It serves as an early heads-up for the platform team, allowing them to prepare for potential development and integration.
Project Owner
@dillchen
Bucket ID
No response
User Stories / Acceptance Criteria
Understand the scope for the following. Describing the set of changes to the platform side required for each to work.
Type 1: KOHContest (King of the Hill)
What it does:
Type 2: Site-Wide Contest
Objective:
Type 3: Tips Allocation
Description:
Type 4: Add'l Reward Types
Description:
Design Devlink
No response
Design Screenshot
No response
Additional Context
No response