Hello Pi Core Team,
As a developer currently building a utility-driven e-commerce app on the Pi Network (Salla Shop), I highly appreciate the Pi Launchpad design. It heavily aligns with real-world utilities. However, after reviewing the PRC, I have a few suggestions regarding Section 3 (Participation & PiPower) from a project owner's perspective:
Quality of Engagement over Quantity (Anti-Bot):
In Section 3.2, measuring engagement is great, but it risks being gamed by bots doing empty clicks. I suggest allowing projects to define "Weighted Engagement". For example, an actual on-chain Pi transaction (like buying a product in our app) should have a significantly higher weight in the Engagement Score than just daily logins.
Tiered Baseline PiPower:
The current rule for the $PiPower_{Baseline}$ (≥90% lockup for 3 years) is highly restrictive. I suggest introducing a Tiered System. For example:
- Tier 1: 90% / 3 years = 1x Baseline multiplier
- Tier 2: 50% / 1 year = 0.5x Baseline multiplier
This will include a broader base of loyal Pioneers in the token launches.
- Vesting for the "Discounted" Tokens (Anti-Dump Protection):
If highly engaged participants receive a better effective price during the Allocation Period, there is an immediate arbitrage opportunity that could lead to a massive sell-off right after the TGE. I suggest that the "discounted" portion of their allocated tokens be subject to a short smart-contract vesting period (e.g., 30 days), while the portion bought at regular price is unlocked immediately. This protects the project's permanent liquidity pool.
Thank you for this brilliant design! Looking forward to launching our utility tokens through this platform.
Hello Pi Core Team,
As a developer currently building a utility-driven e-commerce app on the Pi Network (Salla Shop), I highly appreciate the Pi Launchpad design. It heavily aligns with real-world utilities. However, after reviewing the PRC, I have a few suggestions regarding Section 3 (Participation & PiPower) from a project owner's perspective:
Quality of Engagement over Quantity (Anti-Bot):
In Section 3.2, measuring engagement is great, but it risks being gamed by bots doing empty clicks. I suggest allowing projects to define "Weighted Engagement". For example, an actual on-chain Pi transaction (like buying a product in our app) should have a significantly higher weight in the Engagement Score than just daily logins.
Tiered Baseline PiPower:$PiPower_{Baseline}$ (≥90% lockup for 3 years) is highly restrictive. I suggest introducing a Tiered System. For example:
The current rule for the
This will include a broader base of loyal Pioneers in the token launches.
If highly engaged participants receive a better effective price during the Allocation Period, there is an immediate arbitrage opportunity that could lead to a massive sell-off right after the TGE. I suggest that the "discounted" portion of their allocated tokens be subject to a short smart-contract vesting period (e.g., 30 days), while the portion bought at regular price is unlocked immediately. This protects the project's permanent liquidity pool.
Thank you for this brilliant design! Looking forward to launching our utility tokens through this platform.