Quest Terminal is a platform built by the RabbitHole team to reward users for completing specified onchain actions. When quests are deployed to the Quest Protocol from Quest Terminal, they appear on quest platforms like RabbitHole. Here is a breakdown of the major features:
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Engage with Customized Quests - Quest Terminal is all about customization. Distribute ERC20s and NFTs to users for completing onchain actions, with support for tokens and actions across a variety of networks including Ethereum, Polygon, Optimism, and Arbitrum. Every quest has a limited number of slots, determined by the number of rewards available. Once all rewards are claimed or time expires, the quest is completed.
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Target Users with Allowlists - Quest Terminal elevates your ability to reach specific users. Create Allowlists to target users based on their onchain behaviors. Choose from recommended datasets, or take control and upload your own CSV after using a Dune query. This feature is particularly useful when you want to reach a wide number of participants while maintaining sybil protection.
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Monitor Results in Real-Time - What good is a quest if you can't track its progress? With Quest Terminal, you can monitor results based on live transaction data. Deploy quests, monitor them, and iterate based on the results to experiment with incentives. This gives you the ability to learn from each quest and continuously improve your approach.
Why Should You Use Quest Terminal?
Quest Terminal brings a new level of engagement to the blockchain space. By offering rewards for onchain actions, it incentivizes user participation and fosters a more active and engaged community. But the advantages don't stop there.
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Flexible Scheduling - Quest Terminal provides flexibility in scheduling. Deploy quests immediately or schedule them for a future date. The maximum duration of a quest is 30 days. Once a quest is deployed, users can start completing the quest and earning rewards right away.
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Customizable Rewards - Choosing the right reward is crucial to a successful quest. Quest Terminal allows you to select the reward amount. Opt for a recommended reward based on similar quests, or choose a gas rebate option to cover the gas cost required for a user to complete a quest.
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Efficient Deployment & Fair Fees - Deploying a quest requires depositing rewards into the contract for quest rewards and the quest protocol fee. It requires two contract interactions: an approval of tokens and quest deployment. The Quest Protocol fee is calculated as 20% of the reward amount per quest participant and is only paid out upon each individual quest completion. If there are no participants in the quest, no protocol fees will be paid.
Conclusion
- Quest Terminal is more than just a tool; it's a gateway to a more engaged and active network.. It's an opportunity to incentivize user actions, target potential token holders, and monitor the results of your efforts in real-time. Whether you're a project owner looking to boost user engagement or a contributor that is looking to target power users Quest Terminal might be the right tool for you.
