Due to “Prize-linked savings account” economical research, I suggest to the community the concept of changing the part of XSUSHI staking rewards, to optional gambling on rewards. It can be optional mode for thos who are interested in that way of rewarding, thru separate pool.
A normal savings account with 2,000$ in it at a bank that offered 1% annual interest would earn 20$, but with a prize-linked savings account, instead of being given the 20$ in interest it would be entered into a gamble with, for example, a 0.4% chance of winning 5,000$. As always, that gamble is still worth 20$ monetarily but to the gambler it’s worth more.
This prize-linked saving accounts have been incredibly successful so far at getting people to save.
In Michigans trial of the system 56% of those using it were first-time savers.
These same principles are the ones that make lotteries work.
This way of rewarding can create new slot of stake holders, who have not much SUSHI to get satisfied with 5-15% APY from XSUSHI, and ready to bet some to win the JACKPOT. Formula is still balanced enough to get big return on every cycle.
It can run every 24h for example, taking all XSUSHI staked on special separate gambling pool, convert them to tickets 1:1 and repay the winnings in contract before user want to unstake it.
Please leave your vote and opinion.