ingestion: archive futardio proposal — 2024-08-28-futardio-proposal-drift-proposal-for-bet.md

inbox/archive/2024-08-28-futardio-proposal-drift-proposal-for-bet.md

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+---
+type: source
+title: "Futardio: Drift Proposal for B.E.T"
+author: "futard.io"
+url: "https://www.futard.io/proposal/8cnQAxS3WQXhD2eAjKSJ6wmBwaJskRZFYByMPKEhD1oQ"
+date: 2024-08-28
+domain: internet-finance
+format: data
+status: unprocessed
+tags: [futardio, metadao, futarchy, solana, governance]
+event_type: proposal
+---
+
+## Proposal Details
+- Project: Unknown
+- Proposal: Drift Proposal for B.E.T
+- Status: Failed
+- Created: 2024-08-28
+- URL: https://www.futard.io/proposal/8cnQAxS3WQXhD2eAjKSJ6wmBwaJskRZFYByMPKEhD1oQ
+- Description: [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. 
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+
+To celebrate the launch of B.E.T. this proposal would fund a collection of bounties called “Drift Protocol Creator Competition”. 
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+
+
+
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+\- 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.
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+
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+If the proposal passes the competition would be run through [SuperteamEarn](https://earn.superteam.fun/) and funded in DRIFT token distributed by the Drift Foundation Grants Program.
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+This proposed competition offers three distinct bounty tracks as well as a grand prize, each with its own rewards:
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+
+
+
+
+\* Grant 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)
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+
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+
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+Each individual contest will have a prize structure of: 
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+
+
+
+
+\- 1st place: $1000  
+
+\- 2nd place: $500  
+
+\- 3rd place: $250
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+
+Link to campaign details and evaluation criteria: [Link](https://docs.google.com/document/d/1QB0hPT0R\\_NvVqYh9UcNwRnf9ZE\\_ElWpDOjBLc8XgBAc/edit?usp=sharing)
+- Categories: {'category': 'Dao'}
+
+## Summary
+
+### 🎯 Key Points  
+The proposal aims to fund a "Drift Protocol Creator Competition" with a total prize pool of $8,250 to promote community engagement and content generation for the B.E.T prediction market.
+
+### 📊 Impact Analysis  
+#### 👥 Stakeholder Impact  
+The proposal encourages community involvement and education around B.E.T, benefiting both participants and the broader Drift ecosystem.
+
+#### 📈 Upside Potential  
+Successful execution of the competition could enhance awareness and adoption of B.E.T, driving user engagement and growth.
+
+#### 📉 Risk Factors  
+There is a risk that the competition may not attract sufficient participation or content quality, potentially limiting its effectiveness in promoting B.E.T.
+
+## Content
+
+[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 [SuperteamEarn](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:
+
+
+
+
+
+\* Grant 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)
+
+## Raw Data
+
+- Proposal account: `8cnQAxS3WQXhD2eAjKSJ6wmBwaJskRZFYByMPKEhD1oQ`
+- Proposal number: 6
+- DAO account: `GWywkp2mY2vzAaLydR2MBXRCqk2vBTyvtVRioujxi5Ce`
+- Proposer: `HwBL75xHHKcXSMNcctq3UqWaEJPDWVQz6NazZJNjWaQc`
+- Autocrat version: 0.3
+- Completed: 2024-09-01
+- Ended: 2024-09-01