---
type: decision
entity_type: decision_market
name: "Drift: Fund The Drift Superteam Earn Creator Competition"
domain: internet-finance
status: failed
parent_entity: "[[drift]]"
platform: "futardio"
proposer: "proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2"
proposal_url: "https://v1.metadao.fi/drift/trade/AKMnVnSC8DzoZJktErtzR2QNt1ESoN8i2DdHPYuQTMGY"
proposal_date: 2024-08-27
resolution_date: 2024-08-31
category: "grants"
summary: "Proposal to fund $8,250 prize pool for Drift Protocol Creator Competition promoting B.E.T prediction market through Superteam Earn bounties"
tracked_by: rio
created: 2026-03-11
---

# Drift: Fund The Drift Superteam Earn Creator Competition

## Summary
Proposal to fund a creator competition with $8,250 in DRIFT tokens distributed through Superteam Earn to promote B.E.T (Solana's first capital efficient prediction market built on Drift). The competition included three bounty tracks (video, Twitter thread, trade ideas) plus a grand prize, each with tiered rewards. The proposal failed to pass.

## Market Data
- **Outcome:** Failed
- **Proposer:** proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2
- **Prize Pool:** $8,250 in DRIFT tokens
- **Prize Structure:** Grand prize ($3,000), three tracks at $1,750 each with 1st/2nd/3rd place awards
- **Platform:** Superteam Earn
- **Duration:** Created 2024-08-27, completed 2024-08-31

## Significance
Represents an early futarchy-governed marketing/grants decision where a protocol attempted to use conditional markets to approve community engagement spending. The failure suggests either insufficient market participation, unfavorable price impact expectations, or community skepticism about the ROI of creator bounties for prediction market adoption.

## Relationship to KB
- [[drift]] - parent protocol governance decision
- [[futardio]] - governance platform used
- [[MetaDAOs futarchy implementation shows limited trading volume in uncontested decisions]] - may relate to why this failed

## Full Proposal Text

[Drift](https://docs.drift.trade/) is the largest open-sourced perpetual futures exchange built on Solana. Recently, Drift announced B.E.T, Solana's first capital efficient prediction market.

To celebrate the launch of B.E.T. this proposal would fund a collection of bounties called "Drift Protocol Creator Competition".

- The Drift Foundation Grants Program would fund a total prize pool of $8,250.
- The outcome of the competition will serve in educating the community on and accelerating growth of B.E.T. through community engagement and creative content generation.

If the proposal passes the competition would be run through [Superteam Earn](https://earn.superteam.fun/) and funded in DRIFT token distributed by the Drift Foundation Grants Program.

This proposed competition offers three distinct bounty tracks as well as a grand prize, each with its own rewards:

* Grand prize ($3,000)
* Make an engaging video on B.E.T ($1,750)
* Twitter thread on B.E.T ($1,750)
* Share Trade Ideas on B.E.T ($1,750)

Each individual contest will have a prize structure of:

- 1st place: $1000
- 2nd place: $500
- 3rd place: $250

Link to campaign details and evaluation criteria: [Link](https://docs.google.com/document/d/1QB0hPT0R_NvVqYh9UcNwRnf9ZE_ElWpDOjBLc8XgBAc/edit?usp=sharing)
