Shillitary dApp
This page describes the StakeHouse dApp, its revenue model, and it's integration with the Ecosystem.
Last updated
This page describes the StakeHouse dApp, its revenue model, and it's integration with the Ecosystem.
Last updated
The Shillitary dApp was to become a fee-for-service engagement provider for DeFi projects looking to increase their engagement on social media posts with the idea that real human engagement trumps all other forms of engagement.
The idea for the Shillitary came from flipping the traditional concept of "Shilling" upside down, where instead of advertising our own Ecosystem, we advertise everyone else's for a small fee per post. the revenue is then shared with the community, and used to financially support the Ecosystem.
The Shillitary has two primary functions:
1) Seamlessly provide community members with social media posts to engage with
2) Provide the community with "Ranking Points" that will eventually determine their airdrop of $DeFi tokens when the Ecosystem transitions to a full DAO.
The revenue model for the Shillitary will depend on the number of people participating in the dApp. The main question is, "how much would a community manager pay to have 30, 50, 100, 200, 500 real humans engage with their tweet?"
The platform will allow for a certain number of social media posts to be boosted by the community each day, the number will be dependent on how engaged the community is, however, it will likely range from 30-50.
A Developer or Community Manager will access the dApp and submit their tweet/social media link they are looking for engagement on. The first submission will be assigned a value of 1. The second will be 2, third will be 3, and so on.
Each community member will begin their engagement on the platform with the very first link, click on the link, engage with the tweet, and then submit a transaction verifying they have engaged with it. Their Ranking Points will increase by 1 and then the next post will become available to them to interact with.
100% of the Fees acquired through the platform will be used to BuyBack $Geeks, and then used to Buy $Fire, and then used to buy $DeFi. However, instead of burning the tokens, they will be used as rewards to distribute to the participants of the Shillitary dApp. Each users airdrop will be equivalent to the total % of all engagements provided by the service they were responsible for.
Owners of Frog Army NFTs will receive a 1x multiplier on their ranking points for each NFT that they own. No NFTs = 1 point / post, 1 NFT = 2 points / post, 2 NFTs = 3 points / post, etc.
The Shillitary Contract can be found below:
