POC - Earn by Completing Bounties
Active participation from the community is essential for the effective functioning of ARMSwap. Recognizing that financial resources are vital for the well-being of our ARMSwap members, we are offering bounties to those who engage in tasks that enhance the overall improvement of ARMSwap.
Ways to Contribute and Receive Bounties
The most straightforward and primary way to contribute to ARMSwap is by engaging with the #DeWork channel on the ARMSwap Discord. Here, you can choose tasks that align with your skills, allowing you to both contribute actively and earn ARMSP tokens. After completing a task, you can register your "proof of contribution" as a QE (Qualifying Event) from your profile page.
For those consistently contributing, reaching a milestone of 10 QEs opens the door to monthly rewards ranging from 100 to 1000 ARMSP tokens. Moreover, if you excel and are rewarded in all three months of a quarter (requiring a total of 30 QEs, with 10 QEs each month), you can nominate yourself for the MVP program, unlocking additional benefits including 1000-10000 ARMSP tokens with other privileges. Positive tracking of event participation and contribution behavior can also lead to monthly rewards and MVP recognition.
You must have claimed monthly rewards for 1st and 2nd month of ongoing quarter and you’re eligible for monthly reward for the 3rd month as well to get you nominated as an MVP. As there will be around hundreds of contributors competing from all around the globe and given the volume of applications, in case of not entitling as an MVP, you can still claim your monthly reward for the 3rd month of the quarter.
How it Works:
The POC rewards for ARMSwap members are computed based on their completed bounty score, participation in events, and community engagements. Rewards are distributed both on a monthly basis and as part of the quarterly MVP program.
Active participation in community discussions and events will be monitored, and rewards will be granted by the end of each month. Additionally, you have the option to nominate yourself for the "Most Valuable Profession" (MVP) in the "Community Engagement" category without acquiring any QEs.
Contributions listed in the #DeWork channel or those falling into MVP categories other than "Community Engagements" can be claimed as Qualifying Events (QEs).
Submit a QE form available in your profile, specifying the nature of your contribution, providing supporting URLs and attachments, along with a brief description, to validate your QE.
At the end of every month, community members with a minimum of 10 QEs under their name will receive monthly prizes ranging from 100 to 1000 ARMSP tokens, contingent on the quality of their contributions.
Having registered 30 QEs in a quarter (10 QEs for each month, all in one MVP category) qualifies you to nominate yourself for the MVP program.
If you appear in the top 3 in your participating MVP category, as determined by community voting, you will receive a reward of 1000-10000 ARMSP tokens along with special privileges.
MVP Quarters are scheduled as follows:
Q1: January – March
Q2: April – June
Q3: July – September
Q4: October – December
QEs submitted before the end of the quarter will be considered for the MVP program. Nomination forms must be submitted by the 1st of the following month and then the voting will commence and results for each category announced by the 10th. A total of 15 MVPs (3 from each category) will be selected, and MVPs can claim their rewards soon after the results are declared.
For instance, for Q1, the nomination form submission deadline will be January 1st, and results will be published on January 10th.
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