You have the faucet code that generates for the wallet. Maybe you can do something similar where you can do a DWS burn but add a one-time wallet code that is funded and pays out as a bonus after 1 year. Maybe there will be tiers of bonus percentage based on how much you burn for a year?
1% for 10k
5% for 100k
10% for 1M
Thats a pretty good starting point, because it covers two important aspects of viral: Since the coins are getting burned, they have no choice but to buy them first (or burn existing coins). In contrast to rewards for "buying coins off of SX first with a referral code" (as that could be gamed). I also like the lockup duration idea, because that keeps them locked for a year.
So to continue on this we also need to make it viral. Something that entices a user to share this with another user and get a reward maybe. Once word of mouth picks up like that I think then the outcome is more like HEX (free advertising). How could we do the referral codes and rewards....
If we e-mailed any existing DWS burn candidate an existing burn TXID, I wonder if that TXID could be the referral code for another future burn by someone else.
So in your example above, you get the DWS standard quoted reward if you do a normal burn in the console, but, if you use a "prior burn TXID" you get the bonus % you mention above....
That might work virally:
EDIT II:
So to summarize System A (Bonus Rewards for Burning coins) vs System B (Viral Bonus Rewards for Burning Coins):
In System A, anyone that finds out about BiblePay can receive a 10% bonus if they burn 1MM coins for a year. This limits the exposure to how many people find out about biblepay naturally or through our PR efforts.
In System B, a user can not only receive the standard DWS burn % + a full 10% bonus, but can also receive an addl 3% referrer reward for sending a referral code to a friend, who ultimately provably creates a new burn (then the new friend gets the 10% bonus, the original user gets the 3% referral bonus).
Bob: 1MM burn (receives 10% + a TXID)
Bob signs the TXID by typing 'referfriend'
Jon receives the referral code, and burns 1MM (Jon receives 10% on the 1Mil, in this tx at expiration an addl 3% goes back to Bob).
Jon is free to generate a new referral code on his burn also.
(We also should consider if Jon can create more than one referral code, I think we should not limit it - let it be unlimited).
Imho, the viral idea seems pretty good on the surface, as compared to plain vanilla whale stakes?
EDIT III:
I was thinking how to simplify this further and I think all we really need is an additional function to make DWS (dynamic whale stakes) viral:
getreferralcode would generate a referral code from ones wallet using their CPK as the receiving address for the bonus reward plus the referral code.
So basically, anyone can make referral codes and share them with anyone. IF they are used by another person, that whale stake will have an integrated payout mechanism that would kick back 3% to the referer automatically (as it could decode the CPK out of the referral code automatically).
