Quotient
@quotient
Sharing an update on Season 1 of the @tipn Allocations Program to clear up confusion - the purpose of the program, how it works, and what's coming next. Program purpose: The Allocations Program demonstrates how token incentives can drive community growth - specifically growing active tippers and token holders. The results have been strong: 464 new tippers, 834 new holders, $6,717 in USDC tipping volume, and $6,521 in trading fees. We're on track for this to be a profitable growth program. This will help Tipn market its allocations product to other projects seeking to grow their communities, leading to more allocations + rewards for all Tipn community members.
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Quotient
@quotient
So, how were allocations targeted? Week 1 targeted the top 10% of tippers/stakers, cross-platform users (DEGEN/Noice), and miniapp developers. Each criteria had point values, with a slight Quotient score multiplier. For Week 2, the program replaced inactive allocators and boosted high-performers. New candidates were ranked based on tipping activity, how many new tippers they brought on, and how many first-time $TIPN buyers they helped activate. For instance: @bitfloorsghost.eth's tips and casts helped bring on 23 new token holders and 41 new Tipn tippers, and @199.eth tips and casts helped bring on 43 new tippers and 15 new token holders.
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Quotient
@quotient
Why some allocations decreased: This wasn't meant to punish anyone. To reward allocators making outsized contributions and give new high-performers meaningful amounts, the program had to reduce some existing allocations. There's a balance to strike, and based on feedback, we might not have hit it perfectly in some cases.
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Quotient
@quotient
How to get an allocation? The program will add 25-75 more people this week, depending on how many inactive allocators there are. Selection is based on tipping volume, frequency, and diversity. There aren't specific thresholds to guarantee an allocation - it depends on how active users are relative to the total (growing and increasingly active) Tipn user base.
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eggcooker.base.eth
@eggcooker
From this explanation, those who were not selected first are unlikely to be added to the new list. Only 25-75 people will be added. So I was fooled by @tipn 's response a week ago. So if I start a new tip and stake, it is extremely unlikely that I will qualify. Plus I was about to lose my tips so I added a new one, but it was overwritten instead of added. Where did my money that was left go? https://farcaster.xyz/tipn/0xf7d88903
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