I'm all for having fun with competitions, but adding prizes increases the stakes further in a game which already causes much unnecessary noise. See for example the flood of trivial edits from users of all reputation levels bumping old questions to the "active" page only to get the "Werewolf hunter" hat:

[![enter image description here][1]][1]

I'd like to ask the opinion of the community, are such edits helpful enough to warrant awarding prizes for?

  [1]: https://i.sstatic.net/voz3k.png