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Gala Games updates the referral incentive system

Gala Games updates the referral incentive system

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by Max Nevskyi

a year ago


After receiving feedback from the community, Gala Games has published a revised proposal for the referral incentive system, which Founder's Node operators can now vote on. One of the changes includes making non-chain referrals temporary unless they are written to blockchain through a burning process. If the proposal is approved, the system will be implemented within 90 days through a phased rollout.

Following community feedback and hosting an AMA in the Founder's Node Owner channel, Gala Games decided to revise its original proposal regarding the Referral Incentive System for ecosystem usage, making a couple of adjustments and putting it up for voting among Founder's Node operators.

Gala Games new proposal extends the implementation period of the referral incentive system to 90 days for additional work on integrating referrals into the blockchain, as opposed to the original 7 days. Now all referrals must be registered through a burning process to ensure their long-term activity and rewards for active ecosystem users. Referrals not transferred to the blockchain will have a temporary status, and their benefits will expire if the burning process is not completed.

It is also mentioned that the system will be implemented in phases. In the first two weeks, burn rebates will be provided for referrers based on burns in Ethereum, and the same will happen in one month on GalaChain. Approximately two months later, the first version of the Referral Dashboard will be introduced, and in 3 months, the second version of the dashboard will go live, alongside the ability to write referrals on chain. This means that once this phased rollout is over, non-chain referrals will start to have a countdown showing how much time is left until they expire.

The rest of the proposal remains the same and works as follows: when user C initiates a burn, the account that referred them, user B, will receive a reward equal to 8% of the burned amount, while the account that referred user B, user A, gets 2% of the burned amount. If the proposal is approved, the developers will look to implement the system within 90 days from the day of approval.

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