Rewards Program, Staking Model & Governance Mechanism
Epoch Structure with Staking and Governance
Each Epoch now includes options for ambassadors to claim, stake, and earn voting power, with additional rewards for longer commitment. This mechanism incentivizes long-term engagement and provides participants with governance influence, creating a vested community of active stakeholders.
1. Genesis Period with Staking Options
Duration: 3 months
Rewards Structure with Staking and Governance:
Claim Options: At the end of each Genesis reward cycle (every 3 months), Genesis ambassadors can either:
Claim Immediately: Receive their tokens without staking but at a reduced rate (e.g., base 5x multiplier, no staking bonus).
Delay Claim: Opt to delay claim for an additional 30 days and earn extra tokens.
Stake for More: Stake their earned tokens for an immediate staking bonus and additional governance power. Longer staking provides increased rewards:
Standard Staking: Earn an additional bonus of +X% tokens for staking through the full next Epoch.
Extended Staking (Over 30 days): Earn a larger staking bonus of +Y% tokens, plus increased voting power (greater influence in governance decisions).
Governance Power: Staked tokens provide voting power proportional to the staking duration, giving Genesis ambassadors the most governance influence as early adopters.
Restake or Claim: Every 30 days, ambassadors can either restake for additional rewards or claim their tokens. If they choose to unstake, there is a 30-day waiting period before tokens are accessible.
2. Second Epoch with Staking Options
(Following Genesis Period)
Duration: 3 months
Rewards Structure with Staking and Governance:
Claim Options: At the end of the Second Epoch, participants can:
Claim Immediately: Receive tokens at the 2.5x multiplier without a staking bonus.
Delay Claim: Delay claim for an extra 30 days to earn additional tokens.
Stake for Extra Rewards: Stake tokens earned in the Epoch for added token rewards and governance power:
Standard Staking: Ambassadors earn a +X% token bonus by staking for a full additional Epoch.
Extended Staking: Ambassadors earn a higher +Y% token bonus if staking over 30 days, along with increased voting power.
Governance Power: Staked tokens increase voting power based on staking duration. Extended staking multiplies the governance power, further influencing the Lucia Protocol ecosystem.
Restake or Claim: Ambassadors can restake every 30 days to continue receiving bonuses or can initiate unstaking, which will take 30 days.
3. Third and Fourth Epochs with Staking Options
(Following Second Epoch)
Duration: 3 months each
Rewards Structure with Staking and Governance:
Claim Options: Participants at the end of each of these Epochs have the same claim, delay, and stake options:
Claim Immediately: Take tokens at base multiplier (1x).
Delay Claim: Delay claim for 30 days for additional token rewards.
Stake for Governance Influence: Stake to earn additional tokens and governance power.
Standard Staking: Staking for the next Epoch adds a bonus of +X%.
Extended Staking: A higher bonus +Y% and additional governance power for staking over 30 days.
Governance Power: Participants gain governance influence, though it’s comparatively lower than that of Genesis or Second Epoch ambassadors. However, longer staking still amplifies voting power and influence.
Restake or Claim: Each participant can restake every 30 days, choosing to remain engaged with ongoing rewards and governance.
4. TGE Launch Epoch with Governance Claim Mechanism
Launch of TGE: End of Fourth Epoch
Claim Mechanism: Ambassadors receive tokens accumulated through staking and delayed claims, with bonuses based on staking duration.
Governance System: Staked tokens confer governance power, where participants gain voting influence proportional to their total staked amount and staking duration.
5. Governance & Voting Power Summary
Longer Staking = Greater Influence:
Each participant’s governance power scales with their commitment, calculated based on how long and how much they’ve staked.
Voting Power Levels:
Standard Staking (30 days): Base voting power.
Extended Staking (Over 30 days): Increased voting power and token bonus, with higher influence in protocol decisions.
Unstaking Policy: If a participant chooses to unstake, tokens will remain locked for 30 days before they can claim, adding an incentive for longer-term engagement.
Program Summary with Staking and Governance:
Genesis Period Ambassadors: With their extended staking bonuses and multiplier rewards, these early users enjoy significant governance power and exclusive rewards.
Subsequent Epochs: Each following Epoch incentivizes staking while gradually reducing multiplier bonuses, maintaining high engagement without overwhelming token inflation.
Governance Engagement: The longer an ambassador stakes, the larger their vote and influence within Lucia Protocol, creating a vested community that drives protocol evolution through active participation.
Claim Flexibility: Ambassadors can claim, delay, or stake every 30 days, allowing flexibility while rewarding longer commitments.
This enhanced Epoch program with staking and governance gives Lucia Protocol ambassadors not only the chance to accumulate tokens but also a direct role in the future of the protocol, building a robust, community-driven ecosystem.
Gamifying the ambassador experience with personalized leaderboards, rank breakdowns, and distinct incentives for each category motivates ambassadors to remain highly engaged. This setup not only maximizes their participation in Lucia Protocol’s community but also fosters friendly competition and continual engagement growth.
Summary of Benefits:
Ambassador Leaderboard: Track top performers each month across all tiers, with additional bonuses for the highest-ranking ambassadors.
Seasonal Campaigns and Bonus Opportunities: Special campaigns throughout the year where ambassadors can earn extra tokens or prizes for completing specific tasks (e.g., driving the most app installs, Attributing extra data/Better data ).
Referral Bonuses: Ambassadors earn additional rewards for each successful user referral, scaling with the user’s level of engagement and staking.