Case study

SushiSwap: bounty clips that beat paid social benchmarks

A treasury-funded bounty campaign paid only on qualified clips while watch-to-mint outperformed traditional UA benchmarks.

By Clippable

SushiSwap bounty campaign
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At a glance

Bounty

Campaign type

Qualified

Treasury payout basis

Watch-to-mint vs. paid social

0

Blind CPM buys

Overview

SushiSwap wanted DeFi-native distribution: creators explaining product moments in their own voice, treasury paying for outcomes not impressions. Clippable ran a qualified-clip bounty with clear guardrails.

The challenge

  • Crypto social is saturated with low-trust promo posts and copy-paste threads.
  • Treasury spend needed transparency: pay for posts that clear compliance and stay live.
  • Prior paid social underperformed on watch-to-mint relative to creator explainers.

What they ran on Clippable

  • Bounty briefs focused on product education clips, not hype-only memes.
  • Qualified posts were approved before payout; underperforming angles were cut quickly.
  • Watch-to-mint was compared against prior paid social baselines.

Results by the numbers

Qualified clips

Treasury payout basis

only approved live posts cleared

Wide margin

vs. paid social

watch-to-mint outperformed prior UA benchmarks

Creator-led

Education format

explainers beat hype-only promo posts

Takeaway

SushiSwap proved treasury dollars go further when distribution is outcome-based and creators actually understand the product they are showing.

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