Well, I think we need to reconsider UCG.
This program was created at the time of dApp Staking v2, and the reward system was different from today. In the current model, 2 million ASTR is Tier 4, so it feels like a small amount when considered as a grant.
For example, the current Tier 4 compensation would be $180 per month. However, this will soon improve with the introduction of the Oracle system, and if the price of ASTR is the same, it will be about $270.
For reference, at the time of v2, the yield of dApps was about 5%, so staking 2 million ASTRs would result in a compensation of $770 at current prices.
In the improved Tier system that is currently underway, each Tier 2~4 will increase the amount of reward by up to 10% for every 10 divided ranks achieved, but still seems low when considered as a grant.
This seems like something that should be discussed in a new thread if necessary.
What we’ve been trying to say for months. At the base of everything there is the problem of the Tiers, without them everything would be overcome, if the v2 rewards were too high they could easily be cut, the ratio 1Astar=1Astar would have remained unchanged. Now not only are there problems with dapp staking rewards, as you can see there are also problems with UCG. This is the logical reason why we did not request it.
I agree with you425.
Since UCG is a system created during dApp Staking v2, I think it needs to be adjusted to fit v3.
Thank you for providing specific figures, you425!!
@SFY_Labs
Have you thoroughly researched the Unstoppable Community Grants before sharing your opinion? It seems that the discussion points may be slightly off, so I would recommend reviewing the UCG documentation.
Also you are probably not listed in dApp Staking through UCG, right? Therefore, the phrase
is a misleading and incorrect description.
I often see your opinion on the Forum, so I roughly understand it, but I think it’s wrong to deny UCG without researching it.
They are not out of line, AND UCG which is out of line on v3.
And there will be absolutely no way to adapt it because as specified there would be no funds for everyone.
So we return to the starting point i.e. random and arbitrary TIERs decided only through the discussion of a few ambassadors and core teams without taking into account the needs of the dapps = WRONG.
Too bad, I continue to observe the usual attitudes, we have discussed it extensively. this is the type of response that @Mouthmouth68 also talked about.
UCG is closely related to dapp staking and vice versa. We have done enough research to understand our problem, don’t worry. today we probably understand much more than you where the real problem is in managing:
Yes, absolutely. If you play any of these previously mentioned MMO games, participation is open.
We are working together with our gaming partner for a debut campaign, we will be sharing on our socials as well as here in this forum when this is ready so community can participate and earn rewards.
Thanks @Gaius_sama . We are grateful to be a part of this grant program and the support from the community!
We are moving forward with a lot of momentum, much of our work since last update is related to commercial relationships, token launch and refining our enterprise facing product, Enterprise Core (formerly Metadomo Core).
It’s quite intricate work, with a lot of moving parts. Our strategy is the same as @sota ’s idea below about distribution channels. We share the same thinking, thus through our channels we have 100M+ users accessible in network, with reach to 1b.
So, reflecting on our past milestones. We are refining as we go, as any start up should. Overall, I think we’ve achieved much much more than what was initially set out in OP. This includes modifying products, strategy, etc.
Rewards Station is fully developed. Closing our fundraise first before onboarding clients.
Focus shifted to Enterprise Core, as this will be the ‘behind the scenes’ interface for those distribution channels that bring the huge volume of users. v1 dev completed.
Socials activation, admittedly we are late to this, but we have recently engaged with a partner to help us activate our socials. I will also be speaking on Astar Japan’s twitter space in Mid-June.
Metadomo Genesis NFTs: Cancelled, for now. We have something better we can do through Enterprise Core.
Growth: Our connections to the distribution channels can’t be understated. We have also expanded our merchant network as we mentioned in a previous update. Remember this is at physical point-of-sale level, which is not easy to do.
$DOMO TGE: Pushed to later in Q3. We have an interesting public sale mechanism that we are working with Astar team to launch.
As for next milestones, we are focusing on Enterprise test cases to ensure all is smooth at scale, and our token public sale + launch.
Personally I’m quite excited for the near future. I’ve been working in crypto professionally since ‘17ish, mass adoption has always been a narrative but hard to realize. With our solution and momentum, I think we can actually achieve it, and feedback we’ve received has been the same.
I will be speaking on Astar Japan’s X space on June 12, 21:00 JST.
We have a campaign for the next voting period of dapp staking, which I will discuss in the spaces. The event will be in Japanese, but I will be providing an English summary about our update here after.
Grateful to be a part of Astar Japan X spaces, recording can be found here (In Japanese).
This event was mainly about the current new dApp staking period, all guest projects on the spaces (Metadomo, Healthree, Very Long Swap) debut their token incentive programs for stakers.
We have launched our dApp Staking Campaign, where stakers get our upcoming $DOMO token for staking on us this period!
Our program is quite self explanatory. We have up to 100k USDe worth of $DOMO (0.5% of supply) reserved.
This is 5M DOMO, at $0.02 expected public sale price. How much of this $100k USD is used, depends on where we place on staking tier list, as according to the table above.
Please make sure you stake from EVM side, instead of polkadot side.
We will be pulling staker details from chain, including those from previous staking period. We have an allocation reserved for those who supported us from the very start.
For those who staked with us already - thank you so much for your support!
Hello @Takumi-Metadomo and thank You for the recap Happy to stake on Metadomo
Till now I have only one question Are You planning to include Native wallets as well ? (such as mine , I’m using a Native wallet to stake on Metadomo dApp)
You can try to do something like VeryLongSwap did
I listened to the X space! I was glad to learn about your team’s updates.
As @VasaKing says, linking native wallets and EVM wallets might help increase the number of Metadomo stakers. This document might be helpful when you do that.
Cannot wait to test all the functionalities of the platform 
Happy to stake on Metadomo 
