I agree with this proposal.
good news are comin, many peeps should agree
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
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.
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.
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.
I agree and hope more eligible participants receive prizes.
I fully agree with this proposal.
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
I suggest 70% of the reward be distributed according to rank and 30% for smart balance.
As a participant and winner of seasons 1 and 2, I absolutely support this decision.
I agree with this proposal.
Отлично,надеюсь 3 сезон будет насыщен разнообразными активностями
The proposal has been updated according to my previous replies addressing important points from the feedback.
Congratulations on a successful season 2.
I agree with this proposal. Transparent awards and allocation criteria. Galxe Dao Community is the best
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…
I agree with this proposal, keep going.
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.
I agree with this suggestion.
Let get start [Galxe Community Space Season 3 Rewards]
good, agree with this
very great i can’t wait for that