Summary
This sub-SIP details the payouts to be made for previously approved referral campaign, detailed here: [SIP5.5] Enable onchain referrals and update AdmiralQuarters contracts on all chains to support Referral Codes.
The payouts are made on Base and include;
- 53,989.690 SUMR Tokens
- 1,728.54 USDC
- Total recipients: 547
Referral Metrics
| 2025 | July | August | September | October |
|---|---|---|---|---|
| Total SUMR | 19,053.7651 SUMR | 22,272.589 SUMR | 40,582.388 SUMR | 53,989.690 SUMR |
| Total USDC | 687.4849 USDC | 789.353 USDC | 1,337.99 USDC | 1,728.54 USDC |
| Total Recipients | 227 | 334 | 419 | 547 |
Technical details
The following payouts will be made as per this sheet - which details how much of each token the referring user and referred user earned as part of the campaign, and converts to USD at the time: Lazy Summer Protocol Sept USDC and SUMR Referral Rewards.
The payouts will be made using MERKL.
Specifications
Upon successful vote, it will trigger a campaign creation on MERKL and transfer the required amount of SUMR and USDC to the claims contract which will then be made available to claim.