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;

• 19,053.7651 SUMR Tokens

• 687.4849 USDC

• Total recipients: 226

• There are also MERKL Fee's so an additional 3% is added to USDC and SUMR amounts from the above.

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 Jun/Jul USDC and SUMR Referral Rewards - Google Sheets

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 (plus fee's) to the claims contract which will then be made available to claim through the Summer.fi UI when connecting their wallet.