PLRnomics Roadmap

đź’ˇ Ideas
#1

PLR token is a meta token touching on a variety of utility of governance, access and benefits.

Governance Token: the PLR token gives tokenholders the rights to govern over Pillar’s DAO which validates the implementation of the full product suits, liquidity mining, rewards initiatives and the treasury of 100M PLR tokens.

Staking: the PLR will be staked through different time locks: 1 month, 3 months, 6 months and 12 months. Stakers will be entitled to the PLR distribution from the Pillar DAO’s treasury. The longer the user stakes, the more the user will receive from the distribution.

Premium Services: stakers will also be entitled to the following premium services:

  • Discount: receive discount to fees for in-app swaps based on the length (the longer you stake, the higher the discount).
  • Premium customer support: receive priority support from our team to help you with any issue that you might have and receive priority from the dev team on hot fixes to any issue you might have.
  • Trading: receive access to crypto traders who share their trading ideas with you so you can learn the basics of trading.
  • Newly launched liquidity pools on the Multichain: users will be able to see projects that are launched in the last 24h who have sufficient liquidity and volume to be reviewed.
  • Hot Projects: receive access to the latest projects that are launched and do not have a token yet, be ahead of the curve.
  • Gas Cash Back: receive PLR tokens to compensate for the gas fees on mainnet ethereum. The higher the amount of PLR tokens staked, the higher the compensation is for gas cash back.

Spotlight Services: projects can leverage the PLR token to pay for advertisements and have a spotlight on them via our in-app Pillar Stories and social media channels. Projects can submit a request to the Pillar DAO to have a spotlight placed on them.

Gamification:

  • Earn PLR rewards by using the Pillar app and services
  • Receive unique NFTs based on your actions in the wallet.
  • User earns PLR tokens through doing actions inside the Pillar app:
  • Examples:
    • Activation of Smart Wallet on mainnet Ethereum.
    • Multichain assets deployment. Add assets
    • Executing an in-app trade through our offers engine.
    • Deposit assets into the smart wallet and receive rewards based on the amount and length of time you hold your assets into the smart wallet.
    • Depositing assets into a partner protocol.
    • Selling an NFT successfully.
    • Fiat purchases through our partner Ramp.

Referrals:

Invite your friends to the Pillar wallet, if they deposit and activate their mainnet Ethereum wallet, you and your friend earns PLR tokens

IDO Launchpad:

Pillar will aim to partner with a multichain IDO Launchpad to provide access to PLR tokens to an allocation of the latest and hottest projects in the crypto space. Access will be granted to the IDO Launchpad based on the amount of tokens staked.

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#2

Aldin i don’t see :

  1. PLRnomics - Fee Capture for in-app token swaps

With this implementation it will be possible to apply a fee to the in-app swapping of tokens. This sets the foundation for the DAO to decide on the percentage that should apply for swaps and for an automation that allows automatic buy-backs of the PLR tokens off the market.

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#3

Just a thought but if you are a governor maybe you don’t have to see the adds. Everything else I like

#4

some thoughts:

do you guys have an overview (word, excell) of actuall usecases of most other projects with their tokens ? willing to discuss that too.

Yes to Gov: Yes, maybe think about collaboration with CVP (metagovernance)
No to Staking: i don´t know of any project where you get significant kickbacks from buybacks or staking, most of these projects use it to distribute their unsold tokens. Curve.fi has great tokenomics but even here you need on top services like YEARN or CONVEX to get substantial access to these benefits, but they make actually money and their aim is to make money. I am not assuming that PLR will generate significant fees for kickbacks. It is insane to stake more than 2k$ worth of tokens inside the wallet, so kickbacks will be limited anyway. without knowing real numbers or expected numbers it is pointless to vote on that.
No to discount: we are the cheapest wallet right ? why discount on being the cheapest. again, i have the feeling that long time supporters will actually pay the bill and not the other way around.
No to support: this idea sells the idea that you actually might have a buggy wallet. support is premium already, for all.
No to trading ideas: investment advice, youtube is a better starting point anyway.
No to newly lounched liquidity pools: rugpulls are a thing.
No to Hot projects: great, but why do you make people pay for an essential feature inside the wallet.
No to Gas Cashback: Great, but as said before, i would not stake more that 2k$ inside the wallet, therefore no cashbacks for me.
No to Spotlight: nice, but that´s not creating significant revenues.
Yes to Gamification: all great, make it fun but has nothing to do with tokenomics.
No to Referrals: that is so legacy.
No to IDO lounchpad: too late, others dominate that space already.

More ideas:

I like easy solutions, the idea of simply having a standard, gold, and platinum Pillar wallet with different changing benefits. make these benefits a tradable asset like an NFT. Let´s say a gold PLR NFT gives you access to a in general 30% discount and fee redistribution, a platinum PLR NFT 50% etc…
the more balanced your portfolio is the more benefits you get. make the wheel green and safe, most people including me tend to make bad investment decisions. give your wallet a health level and with that benefits. be creative.
Pillar NFT airdrops for holding PLR NFTs (to buy with PLR inside the wallet), make it fun and exclusive.
Token buybacks: i am missing that, an essential part of other projects tokenomics.
you killed the service tab and with that the best option to create revenues and uscases for the Pillar token. open up the wallet to others people creates massive amounts of demand.

make it mandatory to use Etherspot with PLR tokens !!!

my summary: all tiny suggestions that don´t drive use of the wallet, nothing super exiting. which leads to my suggestion to stop ALL of that tokenomics stuff and focus on generating new and exiting ideas. if you don´t have creative people then run a competition and offer support for free.

#5
  • Make it Mandatory to use Etherspot with PLR tokens!! Agree to the plan.
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#6

so this would be a prerequisite requirement to integrate before integrating a discount mechanism, otherwise there is nothing to discount! Another prerequisite would be integrate in-app swaps for the mult-chain - this should also come relatively quickly.

  1. Integrate multi-chain in-app swaps.
  2. Integrate fee capture model.
  3. Integrate discount model.
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#7

I think you might have misconstrued something, for example Curve has a steady inflation that rewards users who are liquidity providers with the CRV token (the longer you are one, the better rewards you obtain). This is not meant as a kickback from fees collected but simply the issuance of the PLR tokens rom the DAO treasury. The model that we will share with you in regards to this will be in similar fashion. The earlier you stake and with higher amount the more the user will get in rewards.

Token buybacks are not missed, from any fee capture you the DAO can set what the % is that is to be used for token buybacks ( we could use 100% but perhaps its better for the DAO to capture some ETH/MATIC etc )

Also thats a lot of No’s :slight_smile: - the idea is in general what you are proposing (standard, gold, platinum) is product packaging in the sense of 1 month, 3 months etc - its the same, you get different levels of benefits (from discount to NFTs).

#8

Will we have possibility to see the fees collected for Dao in reel time ( in a dahsboard for example )

It could be very good to have visibility and see the buybacks and burn live

Something very transparent that could attract new people , token holders

More visibility we will have better it will be IMO

#9

Yes along with other statistics, that should be included in our new dashboard thats being worked on for the website.

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#10

This will be a deterrent to Etherspot adoption initially. We can always include this later on once the usage of Etherspot grows!

#11

Maybe a creative staking approach could be to stake PLR tokens on other projects ? You basically don´t stake other projects native tokens but instead just PLR inside the wallet simulating staking inside of other projects staking module. Let´s call it META Staking.

#12

capture coin98.PNG
capture coin98.PNG1307Ă—671 199 KB

here s utility from coin 98 the actual leader of the market ( born in 2020 ) with more than 1B market cap , listed on many cex like community call for years etc etc …

look like team take inspiration of them for future utility

#13