DAO Sponsored Preproposal 2b
Welcome everyone, we're going to be trying something slightly different for the Tournament rework proposals. As we don't have a multiple choice proposal system, we'll be running multiple linked preproposals. The preproposal with the highest stake weighted support after the 7 day preproposal period will advance to a full vote and have a chance to be ratified by the SPS DAO.
The purpose of this proposal is to outline what the rewards split between Regular Foil and Gold Foil tournaments sponsored by the SPS DAO should be going forward. If this proposal passes, all tournament rewards for each format going forward will be split as follows:
- 40% Regular Foil
- 60% Gold Foil
This set of proposals is one piece of a comprehensive Tournament reform. There will be other proposals that address Rewards percentage by format, which formats the DAO wants to sponsor and potentially other issues that could be discovered throughout this process. Those will each be presented in a similar fashion for DAO approval.
Related Information
Current RF rewards per month:
682,836
If this were to pass RF rewards would increase to:
747,172
It's a 9.4% increase to RF rewards.
Current GF rewards:
957,142
If this were to pass GF rewards would increase to:
1,120,758
This is a 17% increase to GF rewards.
For context we (myself and several community members) spent 3 months going over this stuff. Below is the "current rewards" and below that will be a bunch of random variations on what could be with each RF/GF split (assuming reward splits which have not been voted on):
