SD Academy — Monthly Budget for Quiz Rewards

General Stake DAO Academy
#1

Stake DAO Academy — Monthly Budget Discussion

Aim: Allocate 2500 SDT per month to the Journeys + Quiz feature program.

• History: Under development since mid 2021;
Stake DAO Academy has grown from a simple QnA style doc to a full fledged learning blog on Crypto and DeFi — now serving features such as international translations, audio tracks for articles, themed collections, learning journeys, quizzes etc.

• Our ask: we’d like to further push our reach and help in the collective goal of onboarding the next 100 Mn people to Web3;
the plan is to engage our audience better through gamification and incentivisation;
in this regard, we’d like to bring the Journeys + Quiz feature under the fold of Stake DAO’s existing rewards program;
If implemented, we will be to reward our best learners on the quiz in the form of SDT.

• Means: starting with 2500 SDT per month, funded by the DAO — with rewards distributed on the Polygon network.

• We also look forward to translating the quiz and offering the same opportunity for rewards in our international set of languages.

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SDGP#2 : Academy monthly budget
#2

Our users get educated, and win money and prizes in the process? Sounds like a win to me.

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#3

yes! :slight_smile:
we basically add Learn2Earn as a feature to our existing family of DeFi products

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#4

No idea about the right amount to allocate but the Academy is a great initiative, adding quiz rewards is a better and virtous marketing tool that should offer a lower acquisition cost of new user than standard marketing, it should also incentivize the education of the community and increase its loyalty.

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#5

I support! Getting information from the right source is crucial to survival in crypto. Reading and learning is a difficult path for apes and degens but it is absolutely vital.

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#6

Could we have more detail on the use of the budget please? How many people do you expect to reward every month, what will be the average price, etc.
Thanks a lot in advance.

1 Like
#8

updates on the Quiz program:

  • the budget is now set to start with 2500 SDT per month
  • which will be split over 4 weekly tranches, to maximise audience interest
  • we’re incorporating active sybil-filtering to ensure that only honest attempts get rewarded
  • in terms of ranking the entries (after filtering), we have two approaches in mind:
    — first-come-first-serve (simpler to start with; rewards early birds)
    — lucky draws (this helps tackle a large number of entries while giving out bigger prizes);
    either way, we’re hoping to rank and reward at least 100 entries per month; i.e. 25 SDT per rewarded attempt
  • the ranking method can be fine tuned as we measure audience interest generated over time
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#9

Approved :

https://snapshot.org/#/stakedao.eth/proposal/0x4fde129120005ae6177d544df1b4b3d8553cad65336acfa88fb834dd937a92bd

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