tldr: A short-term incentive program for trading on Sushi.com.
Sushi’s DEX (AMM) remains its flagship product and primary revenue source
The DEX has supply-side (LP) incentives but no demand-side (trader) incentives…yet.
One challenge for the DEX is the lack of frontend capture relative to Uniswap, meaning many people trade directly on Uniswap’s frontend while a higher portion of Sushi’s usage comes from aggregators like 1Inch.
An aggressive short-term (month-long) incentive program for trading on sushi.com.
Each day during the month, ten addresses that traded at least Y volume (say .1 ETH) on sushi.com are selected, at random, to win a specified amount of $SUSHI (or $MEOW)
From the UI perspective, each day during that month if I place a trade on Sushi.com, I get a “lottery” ticket. I can get up to three tickets each day by placing three trades, each at or above the qualifying volume threshold. At the end of each day, the winners are announced and can claim winnings.
This would help get people’s foot in the door and get them familiar with Sushi and in the routine of using it. So I think the impact and retention would be pretty solid after the campaign ended.
This could also be introduced in tandem with L2 to promote a faster/cheaper frontend.
Before turning this into a formal proposal wanted to open this for discussion. The incentive parameters mentioned above are just rough ideas, none of it set in stone.
Best from Mr. Bento.