This request is to obtain financing from the Galxe DAO Treasury for the third season’s rewards of the Galxe Community Space, which will take place in Q4 of 2023, from October 1 to December 31. For Season 3, a revised budget of 35,900 GAL tokens is being asked for, which will be given out as prizes to users depending on their performance and ranking in various loyalty initiatives within the Galxe Community Space.
We saw a lot of unique users in the loyalty points leaderboard thanks to the phenomenal success of Season 1 and the continuing Season 2, and our focus is still on maintaining and raising this level of community participation. The Galxe Community Space is still a crucial hub for loyalty programmes designed to boost user engagement and participation within the Galxe ecosystem. We can increase community involvement, boost loyalty, and promote a deeper sense of solidarity among Galxe members by awarding them with GAL tokens. The Galxe operations team will choose the campaigns, making sure that they fit the requirements and objectives of the community.
Users that actively participate in the loyalty campaigns within the Galxe Community Space throughout Season 3 will be rewarded with the suggested money. Each campaign will include activities that participants must do in order to earn loyalty points. As an exciting incentive to participate, the complete award pool of GAL tokens will be distributed to the top 500 participants according on their position in the loyalty points leaderboard at the conclusion of the season.
The prizes for Season 3 of the Galxe Community Space, which runs from October 1 to December 31, 2023, are covered by this proposal. The money will only be used to give rewards to loyalty campaign participants.
•Rank1-3(Top3): 1,500 GAL tokens will be distributed evenly among top 3 users of leaderboard .1st place, 2nd place and 3rd place gets 500 GAL each.
•Rank4-10: 1,400 GAL tokens distributed evenly, each user in this tier gets 200 GAL.
•Rank11-100: 9,000 GAL tokens distributed evenly, each user in this tier gets 100 GAL.
•Rank101-200: 8,000 GAL tokens distributed evenly, each user in this tier gets 80 GAL.
•Rank201-300: 6,000 GAL tokens distributed evenly, each user in this tier gets 60 GAL.
•Rank301-500: 10,000 GAL tokens distributed evenly, each user in this tier gets 50 GAL.
Total: 35,900 GAL tokens to be distributed.
This proposal’s success will be determined by:
•Sustained and elevated user engagement and loyalty campaign participation.
•The community has given the campaigns and incentives favourable comments.
•Expansion of the user base and ecosystem of Galxe.
This proposal’s recommended budget has been updated to 35,900 GAL tokens. The prizes will be given out on January 1st, 2024, after the conclusion of Season 3. During this time, the Galxe Space Cadets will keep working with the Galxe operations team to develop and implement a variety of loyalty programmes.
Season 1 Proposal - [Proposal] Community Space Season 1 Rewards
Season 2 Proposal- [Proposal] Community Space Season 2 Rewards
Galxe Community Space