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Test Governance Proposal on a point system for Meteora #99
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Description
Goal
The goal for the MET point system is to capture and incentivize important contributions to Meteora beyond TVL and volume. While those are key metrics, establishing a strong diverse and broad stakeholder base who will be active in DAO governance along with public advocates for Meteora is important for long-term success.
Considerations
- Points be tied to a user not to wallets.
- Weight earlier users/contributions over later users for the same contribution
- Weight high-value/quality contributions over low-value.
- Weight long-term contributions over short-term. LPing in a pool for 30 days is worth more than 1 day.
- Earning points feedback should be as short as possible. e.g. If depositing into Meteora vaults earns a point, this should be reflected as soon as the action is completed and should not be delayed.
Questions
- What are other point mechanisms have been successful?
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