The topic of Galxe campaign came up in the last office hours as well as in SWAT Bureau meeting notes. IMO it’s a very good way of spreading the word about Stakewise and the upcoming V3 launch. Glaxe has established a solid reputation for Web3 community building services and is very popular in the recent months.
TL;DR it’s a place, where you can earn rewards (NFTs, tokens) for completing tasks (credentials). Mostly it’s about Twitter, Discord, Telegram followers/users growth.
It’s been used by many top projects such as Optimism, Stargate Finance, zkSync. You can read about some of them here: Galxe’s End Of Year Recap 2022. where we were, where we are, & where we… | by Galxe | Galxe Blog | Medium
I’ve been following Galxe campaigns for many other projects and there are a few possiblilites to explore.
This is an example of a campaing for Stakewise:
Galxe Campaign 1:
Tasks (credentials) ideas:
- Follow Stakewsie on Twitter
- Like and retweet (for example a post about V3)
- Join Discord and get member role
- Join Stakewise telegram
- Visit stakewise.io (one OAT for the 5 tasks above)
- Stake 1 ETH (extra OAT)
- Hold 1000 SWISE (extra OAT)
The eligible users who have successfully completed the Stakwise Galxe Quest can claim these special Galxe OAT NFTs. Among these NFT holders, the lucky (number of winners) will receive the prize pool of $xxxx worth of SWISE tokens. The more tokens you hold the better chance of winning. Good luck!
Example 1 1000$:
20 x 50$
50 x 20$
100 x 10$
Example 2 1000$:
1st prize: 400$
Usually the campaign owner provides a set amount of tokens (ETH/Matic) to cover for the gas fees of minting OATs. It should be better to use Polygon for example as the fees are lowest there. OATs can then be verified on Polygon but the prizes can be distributed on the mainnet.
My observation is that the campaigns with token prize pools are much more popular but some of them only offer NFTs and OATs without any added tokens. We can discuss both options.
I only have user experience and haven’t created any campaings yet so if anyone has valueable information please share. I will be happy to work together with the team to set up the campaign if this idea gains traction.
What needs to be discussed is the type of campaign we want to launch and also the budget for it (both of which could possibly be voted for through snapshot).