SIP-20: Refine Samurai Levels Parameters and Conditions
Last updated
Last updated
Samurai Levels represents a Samurai Node NFT holder exclusive feature that gamifies, incentivises and rewards accurate understanding and knowledge of web3-related concepts with xHNR governance tokens.
The Samurai Levels feature has demonstrated significant success in engaging the protocol's user base and promoting a deeper understanding of web3-related concepts through its gamified learning experience.
To further enhance the sustainability, engagement, appeal, and utility of this feature, the protocol shall adopt the following adjustments:
• Increase the Levels Streak Cap The current 20-day streak cap shall be extended to 30 days. This shall encourage longer-term engagement and consistent learning, fostering a more proactive and committed user base.
• Increase the fee The existing Fantom (FTM) fee for participating in Samurai Levels shall be raised by 50%. This shall further bolster the product’s sustainability and enhance its long-term viability.
• Adjust Samurai Levels Rewards / Payout The current reward / payout mechanism of xHNR tokens shall be increased by 25% to further incentivize user participation. This enhancement shall bolster the gamification aspect of the feature, thereby promoting its increased user traction and activity.
The proposed changes of parameters and conditions shall be enacted and implemented via updates to the existing Samurai Levels smart contracts.
For more details about the Samurai Levels feature, its functionality, smart contracts and reward mechanisms, please see the previously approved governance proposal below: