Great points @graven and @Sov, raising these questions:
- Should SUP rewards be continuous?
- What’s working? what’s not?
- How can SPR seasonal operations be more flexible?
Some thoughts:
1. Should SUP rewards be continuous?
- Engagement - Data so far shows that seasonal launches boost engagement in terms of claims per day. Chart shows volume of claims in the weeks before and after Season 2 launch (red dots show season launch days) . So we can probably assume that longer seasons (and even more so any gaps between seasons when users can not claim at all) will reduce engagement and total volume of claims over a given time period. Even without the data we can assume the comms effort that accompanies seasonal launches is positive for engagement so lowering launch comms frequency impacts engagement. Probably too early to be sure about this point and we’ll know more after Season 3 launch.
- SUP Tokenomics defined the amount and rate of SUP distribution and specified that “on a quarterly basis the DAO will vote on new Ecosystem Campaigns”. Of course the DAO can vote to change this.
2. What’s working? what’s not?
Would welcome everyone to dig more into the data and share their observations as this is a huge topic. But some initial observations below show that we might want to explore how we can grow overall SPR participants and broaden concentration of SUP claimed. These points seem more related to campaign parameters and won’t necessarily benefit from having a gap between seasons.
- SPR participants - 38,986 unique participants so far is very positive. But new unique claimers have slowed down. This can benefit from new apps with existing users integrating with the protocol and launching campaigns as well as existing campaigns appealing to new users beyond current SPR users.
- Claim behaviour concentration - Metrics show a huge range across the campaigns. Giveth and SuperBoring have the highest average SUP earned per unique claimer. Whilst Community and Streme.fun have the highest number of unique claimers. This reflects in a highly concentrated Leader Board with top 10 claimers currently earn 47% of the live flow rate of Season 2.
notes:
5.6 mil SUP/month is earn rate of current top 10 on Leader board
50 million Season 2 budget (for 3 months)
71% is live portion of Season 2 allocation with the rest pending launch
3 months per season
47% =5.6 / (50 x 71% / 3)
3. How can SPR seasonal operations be more flexible?
One idea would be to somewhat delink the governance parameters from the operational parameters and have more flexibility on the campaign operations.
For example:
Campaigns allocated SUP in each quarter’s DAO vote can then choose when during that quarter they launch and the duration of their campaign stream could be between 3 to 6 months (rather than always ending at the end of the season they were voted on as has been the case).