1. Abstract
SPR Season 7 continues distribution of SUP to users of ecosystem applications and implements a rolling budget for Community Activations and New Projects.
2. Type
Non-Constitutional
3. Motivation
Continue SUP distribution to support sustainable ecosystem applications and drive value to Reserve holders.
4. Rationale
The quarterly process for allocation of SUP to Established Projects is now validated and delivers SUP to users of those applications. SUP allocation process to New Projects was changed in Season 5 to make it easier for new projects to onboard. Continuous rolling allocation of SUP to Community Campaigns and New Projects will further simplify the process and budgeting.
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: DegenDogs, FlowState, Gardens, Giveth, GoodDollar, Markee, ProductClank, Streme, SuperBoring, SuperVault Technical Demo, 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, 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 7 = 10,000,000 SUP
-
Budget per category listed below
-
Start & End Date : expected 1 September to 30 November
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.
c. New Project Campaigns and Community Campaigns
-
Budget: 4,000,000 SUP
-
Invitation to submit New Project Campaign Ideas: To be issued by Foundation team
-
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: Community Campaigns and Eligible New Project Campaigns may be onboarded on a rolling basis which can be beyond the duration of the Season subject to budget availability.
-
Budget Top up: Further increases to the Budget to New Project Campaigns and Community Campaigns to be requested through future DAO proposals
-
Implementation: On a rolling basis, following onboarding of projects and campaigns
7. Steps to Implement and Timelines
- DAO vote on this proposal : 27 July - 9 August
- Established Project Campaigns
– Invitation to submit Campaign Ideas: 10 August - 16 August
– Eligibility assessment: 17 August
– Campaign Selection Vote: 18 August - 24 August
– Campaign launches: from September - New Project Campaigns and Community Campaigns:
– Invitation to submit New Project Campaign Ideas, Eligibility assessment, Rolling Onboarding from 17 August
– Campaign launches: from September
8. Overall Cost
- DAO SUP emissions: up to 10,000,000 SUP
- Operational Costs: covered by existing Foundation resources
Voting for SIP 
