Vaquita

Problem Statement

Vaquita is designed to build long-term savings habits through gamification and smart incentives, turning savings into an engaging experience where commitment is rewarded and early withdrawals are penalized, ensuring better returns for disciplined savers.🕹️ How Vaquita WorksDynamic Reward Pool Users who stay committed to their savings goals earn not only interest but also a share of penalties from those who withdraw early. For example: if 100 users deposit $100 each and 20 withdraw early, their generated interest is redistributed among the 80 who stay, boosting their APY from ~5% to ~8%.Game Theory Incentives Rewards are redistributed to long-term savers, encouraging consistency and reducing the temptation of early withdrawals.Gamified Experience Users interact with visual elements (like cow avatars representing deposits) and track their progress in a fun, engaging way.

Solution

We created new gamification features like in game coins, daily check in, leaderboard, land personalization, items and we also increased eficiency. We also connected privy passkey and gas sponsorship to have a seamessly experience for the user, faster onboarding and approval of transactions.