Bounties form a big part of MetricsDAO’s mission to deliver high-quality analytics solutions. As our partners rely on accurate, timely, and informative analytics, it is important that MetricsDAO evaluates bounty submissions according to a specific set of criteria. These are Accuracy & Completeness, Insights, Visualizations, and Definitions.

Submissions that get decent scores in these criteria are qualified to receive bounty payouts. Those that get a perfect score are then entitled to the grand prize. Let’s get started on a breakdown of these criteria.

Accuracy & Completeness

Given that bounties aim to firstly answer questions, it is important that a submission answers all the questions related to the bounty. The methodology also needs to be clear and logical in order to explain the concepts involved.

Insights

A good analysis should have a narrative weaving everything together and this needs to be clear in the submission. Readers should be able to gain key insights and new information which could inform their decision-making later on related to the subject matter.

Visualizations

Perhaps the centerpiece of any bounty submissions is the visualizations. It is through these visualizations that one can best surface the insights that were generated from the analysis. However, it is not enough to just have visualizations. The best submissions are able to discern which types of charts to use that help fully explain the analysis and provide definitive insights.

Definitions

Lastly, data sources, terminologies, and metrics used should be clear in the submission. Always give credit to the sources you used. It is easy to fall into the trap of assuming that the reader knows what you know. However, more often than not, this is not the case, especially given that most bounties try to answer questions about new protocols and datasets that were previously undiscovered. Defining these terms in the submission adds to the overall insight generated by the submission.

Best Practices

Going Above and Beyond

Some bounty questions are indeed simple enough to be answered by just one graph or table. Technically that would be a complete submission. However, nothing is stopping you from exploring other related questions to enrich the overall insights that readers can get from the submission. This significantly increases the chances of winning the grand prize.

Guide the Reader

It is important that the readers know the message a bounty submission is trying to convey. Having a good dashboard title is a good way to achieve this. Perhaps even better is to have your key takeaways be mentioned up front so the reader knows what to expect.

Context is Key

Related to the previous point is providing context in your submission. While having a long narrative is unnecessary, sometimes having a short description of the project, protocol or subject matter related to the bounty can go a long way. This additional context helps readers glean more insights from the submission.

Grand Prize Bounty Winner Examples

Review Timeline

Bounty programs are launched on a weekly basis wherein submissions are open for a week. After this, another week is given for a comprehensive review of the submissions. The announcement of winners and payouts are done shortly after.

For example, if a bounty program is launched on a Friday (T), submissions will be open until the following Friday (T+7). MetricsDAO aims to complete the review process by the following Friday (T+14) and announce winners on the following Monday (T+17).

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If you’re interested in learning more about what makes great bounties or you’re ready to participate and submit your own, check out the MetricsDAO Discord and/or follow us on Twitter for the latest bounty news and programs.