1. Abstract
SPR Season 6 continues distribution of SUP to users of ecosystem applications and tops up Staking and LP Rewards.
2. Type
Non-Constitutional
3. Motivation
SPR Season 6 aims to continue driving engagement of a growing list of Established applications, facilitate the participation of New applications and tops up Staking and LP Rewards.
4. Rationale
Season 6 continues the refinements introduced in Season 5 to encourage broader and more sustainable user participation and lowering friction for New projects.
Under the New projects process, 3 new projects joined the program in Season 5.
As fewer Reserve users have opted for the Reserve Drain option since Season 5, this has reduced Community Charges flowing into the Staking Rewards Controller, which will be addressed by the top up by the DAO of the Staking Rewards Controller.
5. Key Terms
- Streaming Programmatic Rewards (SPR): DAO mechanism for distributing SUP to users of ecosystem applications and projects.
- Ecosystem Campaigns: Application or project specific incentive programs funded via SPR.
- Established Project Campaigns: Campaigns managed by ecosystem applications already established in SPR [currently includes: Degen Dogs, FlowState, Gardens, Giveth, GoodDollar, Markee, Nerite, ProductClank, Streme, SuperBoring, TYSM]
- New Project Campaigns: Campaigns managed by projects new to SPR or recently launched.
- Community Campaigns: Campaigns focused on broad Superfluid community engagement, using Superfluid technology, managed by Superfluid Foundation team.
- Ecosystem Steering Group: A steering group established by the Superfluid Foundation, comprising representatives from established ecosystem projects, supporting review and onboarding of New Projects and advising on the broader ecosystem. The group acts in an advisory capacity only and supports the Foundation by reviewing New Project Campaign submissions and helping identify promising new integrations. The group does not control budget allocation or make binding decisions. Participation is voluntary and intended to recognise the experience and contributions of long-standing ecosystem builders.
- Reserves: Individual smart contracts, whose upgradeability is controlled by governance. See Technical Overview
6. Specifications
a. Budget & Timeline
- Total budget for Season 6 = 15,000,000 SUP
- Budget per category listed below
- Start & End Date : expected 1 June to 31 August
b. Established Project Campaigns
- Budget: 6,000,000 SUP
- Invitation to submit Campaign Ideas: To be issued by Foundation team, lasting 1 week
- Eligible Campaign Ideas: Those submissions deemed to have provided sufficient information to indicate the project/app/team is ready to integrate with the SPR system and manage a successful campaign.
- Campaign Selection Process: An implementation-level DAO vote to be held, lasting around 1 week. Campaign Selection Process voting are implementation level votes conducted under the authority granted by this SIP, and do not constitute a separate DAO proposals or require independent SIP approval.
- Weighted Voting Strategy: DAO members and Delegates can spread their voting power across the Eligible Campaigns. % share of vote for each would then be applied to the Budget for Established Project Campaigns. The total SUP allocated shall not exceed the budget approved in this proposal.
- 3% cut-off: Eligible Campaigns with less than 3% of each vote will not be included in Season and SUP votes for them will be redistributed to the successful campaigns on a pro-rata basis.
- Sub-campaigns: Campaigns which are granted SUP Allocations for the Season can then determine distribution of their SUP allocation to their sub-campaigns where applicable.
- Campaign Start and End dates: Campaigns which are granted SUP Allocations for the Season must begin during the Season, otherwise they will forfeit their allocation and the DAO will retain the allocation. Campaigns should last no longer than 6 months.
- 5% cap on Campaign earn rate per user: To encourage broad participation and reduce excessive concentration of rewards to only a few earners, a 5% cap will be applied to each users’ share of each Campaign flow rate, subject to implementation feasibility.
- Insider Participation: To ensure fair and effective use of Ecosystem Campaigns, project and campaign leads are expected not to participate in their own campaigns in ways that generate points or rewards. This includes creating or using accounts, contracts, or donation flows under their control to route activity back to themselves for the purpose of earning campaign rewards. Campaign incentives should be directed toward genuine external users and ecosystem activity.
By submitting a proposal or participating as a campaign lead, project and campaign leads are deemed to confirm that they are not directly or indirectly claiming points or rewards for their own benefit.
c. New Project Campaigns
- Budget: 1,000,000 SUP
- Invitation to submit Campaign Ideas: To be issued by Foundation team and lasting until the budget for New Project Campaigns has been allocated.
- Eligible Campaign Ideas: Foundation will consult with the Ecosystem Steering Group to select Eligible Campaign Ideas for New Project Campaigns and allocate a portion of the budget, considering the project:
– i. Usage of Superfluid technology
– ii. Readiness
– iii. Impact (users and other benefits)
– iv. Onboarding (complexity and effort) - Rolling Onboarding: Eligible New Project Campaigns may be onboarded on a rolling basis throughout the Season until the budget has been allocated.
d. Community Campaigns
- Budget: 3,000,000 SUP
- Implementation: Superfluid Foundation team to develop and launch these during the Season.
e. Staking and LP Rewards top up
- Budget: 5,000,000 SUP
- Implementation: Transfer 5,000,000 SUP from DAO Treasury to Staking Reward Controller. Staking Rewards Controller distributes its SUP holding to Stakers and Liquidity Providers via a linear stream over 6 months. It’s SUP holding is sourced from:
– i. Community Charges collected through users who choose the Reserve Drain option and
– ii. Any additional SUP transferred to it, including this Staking and LP Rewards top up.
7. Steps to Implement and Timelines
-
DAO vote on this proposal - 29 April > 5 May
-
Established Project Campaigns
– Invitation to submit Campaign Ideas: 6 May - 12 May
– Eligibility assessment: 13 May
– Campaign Selection Vote: 14 May - 20 May
– Campaign launches: from June -
New Project Campaigns:
– Invitation to submit Campaign Ideas, Eligibility assessment, Rolling Onboarding from 18 May
– Campaign launches: from June -
Community Campaigns: from June
-
Staking and LP Rewards top up: from June
8. Overall Cost
- DAO SUP emissions: up to 15,000,000 SUP
- Operational Costs: covered by existing Foundation resources






