Example metrics

Success Metrics

Success metrics are crucial for determining the outcome of a SMAC and triggering the release of vested tokens. They are defined in the initial proposal and should be:

  • Objective: Based on verifiable on-chain data.

  • Measurable: Quantifiable and easily tracked.

  • Relevant: Directly related to the goal of reviving the target token.

  • Time-Bound: Achievable within a specified timeframe.

Verifiable Success Metrics:

  • Market Cap Milestones: Reaching specific market capitalization targets (e.g., $50k, $100k, $500k).

  • Holder Growth: Increasing the number of unique holders of the target token by a certain percentage or absolute number.

  • Trading Volume: Achieving a certain level of daily or weekly trading volume on decentralized exchanges.

  • Social Engagement: Reaching targets for Twitter followers, Telegram members, Discord activity, or other relevant social media metrics.

Example:

A SMAC proposal might define the following success metrics:

  • Achieve a market cap of at least $250,000 within 30 days.

  • Increase the number of unique holders by 50% within 30 days.

  • Maintain an average daily trading volume of at least $10,000 for 7 consecutive days.

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