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

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 Oct 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.