Sanko GameCorp Bi-Weekly Update #3
Recap of the Previous Two Weeks
ARB Received Last Disbursement: 125K
ARB Utilized as Incentives in the Last Two Weeks: None; Sanko TV Season 4 has not yet ended.
Contracts incentivized over the last 2 weeks:
Contract address label Form 52 completed for all addresses: Yes.
ARB left over: 125K
Plan for leftover ARB:
All leftover ARB will be distributed to Sanko TV users at the end of the rewards season.
Summary of incentives:
The grant will be allocated to SankoTV users using a points system that is updated weekly to keep users engaged for the duration of the incentives period and ensure that they engage in good faith. Points will be awarded for performing on-chain interactions, including SankoTV Pass trading, gift-giving, and hosting popular streams in terms of gifts received and viewership metrics.
At the end of the incentives period, ARB rewards will be distributed based on the user’s portion of points relative to the total amount of points distributed. For example, a user that has accrued 1% of the total points distributed will be rewarded with 1% of the ARB in the rewards pool, a user that has accrued 0.5% of the total points distributed will be rewarded with 0.5% of the ARB rewards pool, and so on.
Additional Info / Disclosures to Multisig:
The STIP Bridge grant would initially be directed to the Sanko DAO Foundation multisig (0x3904F72Cb09CaB3Bd72d691d01cd360437fE164F), which will send the ARB to the Sanko TV multisig (0x233cfCFB0D57C7e44F6836918eB2cFDd0760b6ED) for distribution to Sanko TV users, as in the previous STIP proposal.
STATS (7/30-8/15)
Average daily TVL: ~5,166 DMT (note: Sanko TV migrated from Arbitrum One to Sanko Mainnet on July 19th)
Average daily transactions: 203
Average daily volumes: 34.60 DMT
Number of unique user addresses: 6,855
Transaction fees: 76.138 DMT
Link to Dashboard showing metrics: https://dune.com/p2pa/sankotv, https://tools.sanko.xyz/
Plan For the Next Two Weeks
Amount of ARB to be distributed: N/A (End of next season is more than two weeks away)
Contracts that will be incentivized:
Contract address label Form 52 completed for all addresses: Yes.
Mechanism for distribution incentives:
At the end of the incentives period, ARB rewards will be distributed based on the user’s portion of points relative to the total amount of points distributed. For example, a user that has accrued 1% of the total points distributed will be rewarded with 1% of the ARB in the rewards pool, a user that has accrued 0.5% of the total points distributed will be rewarded with 0.5% of the ARB rewards pool, and so on.
Summary of incentives plan:
Same as summary of incentives in the previous section.
Summary of changes to the original plan:
No changes.