Today, we launched @eatsleepyeet's new product on @berachain which is uniquely built around PoL Although it went public today, it has been live for 10 days or so in beta so we could tweak parameters. Players yeet BERA, we make bribes with 80%* of that BERA, and the ensuing BGT rewards go to players. *remaining 20% is split among a prize pool, leveraged buybacks, and protocol fees To assess profitablity, we devised a new metric called PSR (Protocol Sustainability Ratio). Ultimately, we need to make sure that BGT flowing to players, exceeds the amount of BERA we are making as bribes. however since 80% of BERA yeeting volume goes to bribes, we must use a multiplier of 0.8 Therefore, PSR = BGT emitted to game / BERA yeeting volume * 0.8 If PSR is above 1, it means protocol is healthy and growing. if it is below, then it means the opposite. Where it gets tricky here, is due to the competitive current state of the bribe orderbook. we can bribe at an extremely efficient rate which implies PSR is way above 1, but that doesnt guarantee we get any BGT capture. So bribe have to be competitive, but efficient. To help start off this process, we have been subsidizing bribe with the YEET token and treasury BERA to bribe with lower efficiency (higher rate) to get more BGT capture. To make sure we are not excluding this subsidization from the stats, the "net PSR" is also represented (chart in bottom left). it is also above 1. This means the protocol in its current state is poised to keep growing, the prize pool to keep increasing in value, and the YEET buybacks to get bigger. big shoutout to @whiskeyrobber_ who built this dashboard, link in next tweet. Yeetardio