4. User Reward Mechanism
4.1 Initial Proposal Voting Award
Users can spontaneously vote on the proposals in the initial proposal area. If the proposal is finally passed, the users who vote for it will be rewarded with the governance token; if not, the users who vote against it will be rewarded.
The number of initial proposal voting awards received by a user = the number of correct votes of the user / the number of votes of all correct users * the total number of initial proposal voting awards. "correct" means that the voting direction of users is consistent with the final result. The total number of voting awards for each initial proposal is to be determined with reference to community opinions.
The award will be settled at the end of the validity period of the initial proposal.
4.2 Prediction Mining Reward
When users participate in prediction mining, they will get a certain number of governance tokens as rewards no matter they participate in any option.
The number of prediction mining awards received by a user = the total number of settle tokens invested by the user / the total number of settle tokens invested by all users * the total number of each officially prediction mining award. The total number of awards for each official prediction mining is to be determined with reference to community opinions.
The award will be settled at the end of the prediction period.
4.3 Prediction Reward
When the prediction results are officially announced, the correct token can be exchanged for the settlement token in the ratio of 1:1. For details, please refer to 2.3. Meanwhile, a certain number of governance tokens will be given as additional rewards.
The number of correctly predicted rewards received by a user = the total number of settle tokens invested by the user / the number of settle tokens invested by all correctly predicted users * the total number of correctly predicted rewards. The total number of awards for each official correct prediction is to be determined with reference to community opinions.
The award will be settled at the end of the prediction results are officially announced.
4.3.1 Staking Reward
Users can stake the governance token and get governance token at a certain annualized rate. The way of participation can be current or fixed, and the rate of the fixed will be higher. The yield of this way is lower than that of becoming a node, but there is no risk and no effort.
The reward is given according to the selected participation mode and the specific release rules.
4.3.2 Liquidity Provision and Mining Reward
When users provide liquidity, they will be rewarded with service charge. Refer to 2.3 for details.
The LP token obtained by users after 9providing liquidity can also be pledged, and the governance token can be obtained with each block. Assuming that the total number of governance tokens produced in each block of an LP pool is x, the number of LP pledged by
a user in a block is S1, and the number of LP pledged by all users in the block is S, then the number of governance tokens dug by the user in the block is x * S1 / S.
4.3.3 Prediction Ranking Awards
Prediction ranking reward: a certain number of governance tokens will be generated at the end of each prediction to reward the users on the prediction ranking list. The ranking list is subdivided into:
a. The winning rate ranking ļ¼ the results are sorted by the predicted winning rate. Participating in the ranking needs to reach the basic limit, that is, it must participate in at least four predictions. The top 10% users are weighted and shared the token according to their winning rate. For example, the winning rate of user A is 90%, that of user B is 85%, and that of user C is 80%. Then user a gets the bonus * (90% / (90% + 85% + 80%));
b. Participant rankingļ¼The top 10% users are weighted and shared the token according to their participation times;
c. Comprehensive rankingļ¼The results are sorted by the number of participants multiply by the winning rate. The top 10% users are weighted and shared the token according to their comprehensive score.
4.4 Buyback Mechanism
Part of the platform's revenue from withdrawal fees or other places, such as project cooperation, will be used for periodic repurchase and destruction, forming a deflationary token model.
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