Community

Launch Incentives Extension

Funding amount

$100,000

Start date

June 2024

Execution

3 months

Description

The community has voted to extend the existing launch incentives program managed by Chaos Labs for an additional three months (which is equal to two seasons). The community will allocate another $10M DYDX from the community treasury for rewarding traders and active users of the protocol.

This grant will fund the administration and management of the incentives program by Chaos Labs. Overall, the community and users have been happy with the work done by Chaos so far, which includes an in-depth leaderboard with position/activity tracking, thorough reporting and analysis of the program, and efficient delivery of rewards directly to traders. Chaos will continue the same structure for the two new seasons but plan on improving their data, adding staking components, and refining their reward methodology.

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Payment structure

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