MetricsDAO provides an organized step process to deliver on-demand data analytics to protocols and DAOs. Although we already serve other DAOs without a token, our goal is to scale in a fully decentralized and automated way, using the $METRIC token to align incentives.

Organized On-Demand Analytics

We’ve broken down our process into these steps:

1. Sourcing questions from the community
2. Turning those questions into bounties for analysts to claim
3. Collecting solutions to these bounties
4. QA these solutions to make sure they meet data and delivery requirements
5. Pay analysts in project’s native tokens

Aligning Incentives with the $METRIC Token

MetricsDAO motivates analysts to progress through each step of the process with an incentivization structure that uses both the $METRIC token and partner’s native tokens.

To submit questions for bounties, upvote them, claim bounties, and review/grade them, community members will have to lock up some $METRIC. These will be unlocked only if and when the action they took is valid. E.g. the question they submitted is used as a bounty; or they submit a solution to the bounty they claimed within the requested due date.

Analysts also earn partner tokens as reward for creating analytics and providing insights and answers to the bounties questions. Distribution of the $METRIC Token at Launch

Distribution of the $METRIC token is divided into three groups:

Guiding Principles

Overall, we aim to use token allocations wisely to support the following:

1. Token stability, utility, and growth
   1. Prevent large sell pressure events by staggering grants. Many smaller grants are better than one big grant.
   2. Set aside large allocations dedicated to incentivizing protocol use and creating liquidity and stability.
2. Generous early contributor rewards
3. Balance of organizational growth & sustainability

Lockup and Vesting Schedule

At launch 1 Billion $METRIC tokens will go into a single contract, called the “vault contract”.

Different allocation groups have different lockup periods and vesting schedules.

A lockup period is the amount of time your tokens are locked up and cannot be withdrawn. During this time your tokens are vesting.

Vesting means your tokens are accruing rewards with every block. This starts the moment the $METRIC token launches.

Easily claim your tokens: Once your group’s lockup period is up, you’ll easily be able to claim any amount of $METRIC you want, using a new UI we’re building.