SIP #1 - Ecosystem Campaigns - Season 1
Abstract
SIP - Ecosystem Campaigns - Season 1 starts the first distribution of SUP tokens to users of ecosystem applications, incentivising usage and adoption of the protocol. ‘Season 1’ will be determined by the Superfluid Foundation based on advice from the proto DAO, before there are a critical mass of token holders.
SIP Type
Non Constitutional
Motivation
SIP - Ecosystem Campaigns - Season 1 kick starts the distribution of SUP tokens to those most interested in the future of the protocol and is an important step in the protocol’s decentralisation journey.
Rationale
Once the DAO is fully operational and token holders and their Delegates can vote, it makes sense for the inaugural Ecosystem Campaign to feature the biggest apps and experiences available today in the Superfluid ecosystem.
Specifications
The proposal is to allocate 50,000,000 (Fifty Million) SUP, which corresponds to 5% of the total supply, to the following seven Season 1 Campaigns, split as follows:
- 25% - AlfaFrens
- 25% - Community Activations
- 20% - SuperBoring
- 10% - GoodDollar
- 10% - Superfluid Payments
- 5% - Streaming Donations: Giveth, Flow State/Octant, Flows.wtf
- 5% - Nerite [to be enabled when ready]
Steps to Implement
These additional events are pre-requisite to the implementation of this proposal and can occur either before or after the proposal voting process.
- Superfluid Foundation mints and begins the initial distribution of the SUP token
- Superfluid Foundation confirms all relevant systems, applicable procedures and legal requirements are ready for Season 1 to go live.
The Foundation will then kick-off Season 1, most likely to coincide with public announcement of the launch of Superfluid DAO.
Timeline
Start date: Season 1 is expected to go live in February 2025. However the exact timeline will depend on the pre-requisite events listed above.
End date: Estimated to be 3 months. It is envisaged that Season 2 will follow Season 1 back-to-back.
Overall Cost
No significant incremental costs are expected to be incurred by the Foundation from the implementation of this proposal.
Voting
The following volunteer Proto DAO members have been added to an allow list of wallets who can vote for this proposal.
- ProtoDAO member : Graven
- ProtoDAO member : Vijay
- ProtoDAO member : GarySheng
- ProtoDAO member : Bertux0x
- ProtoDAO member : Zeni
- ProtoDAO member : Auryn
- ProtoDAO member : Kaf_StableLab
Vote Duration will be until next Tuesday (18 February).
Simple majority. If more Votes For v. Against will pass the vote.