[Proposal] Galxe Community Space Season 3 Rewards

[cryptoboy207]

I agree with this proposal.

[chamwan]

good news are comin, many peeps should agree

[missangell]

The reward distribution for the top three users is too high compared to the rest of the users. Since the top users mostly have the same number of points, it is not fair that the first user gets a much higher reward just because they have one more point than the second user. The rewards are distributed as follows: 1st place gets 300, 2nd place gets 250, and 3rd place gets 200 and they get more smart balance too.

also Galxe Contributor Program is for space cadets right ? so why not just leave this Galxe Community Space for other users and dont let space cadets participate in this . just a suggestion

[Mani7]

@nebula3003

I like the proposal, but I have one suggestion regarding the distribution. I think instead of dividing the total amount into equal portions, it would hamper the spirit of the community gained from season 2. As the reward is now significantly less. Instead, I would suggest that 70% of the reward be distributed according to rank and 30% for smart balance. You can increase the smart balance portion in the subsequent seasons.

cheers

Hey @nebula3003, thanks for the feedback!

I do understand your argument, though it’s important to understand that Smart Balance rewards also hold significant value within the Galxe itself, especially as a way for loyal users to have an easier way to use the platform with gas fees covered across all chains. More importantly, it can be used to acquire Galxe Passport, Galxe Web3 Score, claim token rewards, and provide access upcoming features in Galxe 2.0 — including Galxe Premium features.

Another thing to consider is that there’s less selling pressure for the GAL token after the rewards are distributed, and having a mix of rewards may be a healthier way for the DAO to distribute rewards in future initiatives as well.

In the end, this can drive more utility for our own user-base and help create an even smoother experience on the Galxe platform, and open the door for the (currently undefined) amount of winners to experience the upcoming Premium features without having to spend their own assets once they are live.

@ayohtunde

As much as I agree with this proposal… I still feel like the leaderboard reward should be reviewed again. I assume, at least everyone will want to at least get to the top 1% and different circumstances might restrict them. 11.2 GAL seems too low for a 3-month grind.

Question: Will those included in the leaderboard reward be included in the Smart Balance reward also or it’s the other way round?

Hey @ayohtunde, appreciate the feedback.

In regards to your question, there is a reason we have yet to define the criteria - the amount of users in the leaderboard that will receive a Smart Balance allocation depends on the amount we seem to be the most impactful to as many users as possible, as well as considering the pricing structure of any upcoming Galxe Premium features in the future.

To address your question - in a general sense, we are aiming to distribute the Smart Balance allocation beyond the Top 1000, especially since it will allow users to cover their gas fees for a lot of interactions on the platform.

@Keri

Firstly, of course, I would like to see the implementation of Galxe Smart Balance before the start of season 3. So that participants correctly perceive information about Galxe Smart Balance and have not only an idea about it but also experience in using it.

Looking back on the experience of two seasons - budget appears appropriate!
Overall, I support this proposal, because it demonstrates a thoughtful and organized approach to community incentives, with a focus on long-term engagement and utility for users within the Galxe ecosystem.

Appreciate the feedback as well, @Keri!

The whole idea of the Smart Balance can be considered as gift card for your Galxe ID to be used on the platform. I understand the current value proposal has not been thoroughly defined yet as the feature is only soon to be live, though there will definitely be sufficient info rolled out regarding Smart Balance itself, as well as the aforementioned Premium features.

[pokorb]

I agree and hope more eligible participants receive prizes.

[Thanhnc]

I fully agree with this proposal.

[Nepara]

I like the idea of smart balance but I would prefer to already know what the additional criteria are, I don’t want them to be very subjective and in the end only a few “friend” users receive it

[Shailesh24]

I suggest 70% of the reward be distributed according to rank and 30% for smart balance.

[KOT_0633]

As a participant and winner of seasons 1 and 2, I absolutely support this decision.

[nullpo]

I agree with this proposal.

[Georgiy1990]

Отлично,надеюсь 3 сезон будет насыщен разнообразными активностями

[Mani7]

The proposal has been updated according to my previous replies addressing important points from the feedback.

Added:

@Mani7

Smart Balance

Galxe Smart Balance rewards hold significant value within Galxe itself, especially as a way for active users to have a seamless experience using the platform due to gas fees being covered across all chains. More importantly, it can be used to acquire Galxe Passport, Galxe Web3 Score, claim token rewards, and provide access upcoming features in Galxe 2.0 — including Galxe Premium features.

Updated:

@Mani7

• Galxe Smart Balance (22,500 GAL tokens)
  • The distribution will be communicated at a later date, based on leaderboard standings and any additional criteria introduced during Season 3. The amount of users in the leaderboard that will receive a Smart Balance allocation depends on the amount deemed to bring the most positive impact to as many users as possible, as well as considering the pricing structure of any upcoming Galxe Premium features in the future.

[tharequest]

Congratulations on a successful season 2.
I agree with this proposal. Transparent awards and allocation criteria. Galxe Dao Community is the best

[Nikolas0027]

It’s all good of course, but it will be hard to get into the top three)))))) But we will try… And about this proposal, I think it will make users think and no doubt be an active participant in the project…

[shumyou]

I agree with this proposal, keep going.

[kotoko]

I agree in principle, but feel that the rewards are low for the length of the term, although I am excited about the new initiative to allocate to Galxe Smart Balance.

[Nguyendai09]

I agree with this suggestion.

[ducthai]

Let get start [Galxe Community Space Season 3 Rewards]

[lazerandrey]

good, agree with this

[elnazmoghimi]

very great i can’t wait for that