Engagement Mining
Incentivizing Active Participation and Fostering Community Growth in LAZI
1. Total Supply and Annual Inflation:
- Total supply: 1 billion.
- Annual inflation: 4%.
2. Daily Release for Engaging Users:
- Daily release: 109,589 $LAZI.
- Rewards for Lazi App contributions.
3. Engage to Earn Program:
- Stake $LAZI to start.
- Max session duration: 2000 days.
- Initial amount and rewards at session end.
4. Multiplier System: S * T * U:
- S (Staking Ratio Factor):
- Compares user's staked $LAZI to the average.
- If user's staked amount exceeds average, S is taken as that ratio; otherwise, it's set to 1.
- T (Duration Ratio Factor):
- Assesses user's engagement session duration versus the average.
- If user's duration surpasses average, T is taken as that ratio; else, it's set to 1.
- U (Username Multiplier):
- Users gain extra multipliers for owning up to 5 .LAZI usernames.
- Each owned username increases the multiplier.
5. Engagement Mining Rewards Equation:
- Rewards = w1 * Contribution Score + w2 * Duration + w3 * Staked Amount.
Explanation:
- w1: Contribution Score holds 50% weight.
- w2: Duration contributes 35% to daily token distribution.
- w3: Staked Amount factors in with a 15% weight.
6. Weight Adjustments:
- Initial weights: w1 = 50%, w2 = 35%, w3 = 15%.
- Adjustments for platform optimization.
Penalties for Early Engagement Session Termination:
- Termination before 50% of initially set duration:
- Earned rewards: 50% reduction.
- Initial staked amount: 30% reduction.
- Termination between 50% and 80% of initially set duration:
- Earned rewards: 25% reduction.
- Initial staked amount: 15% reduction.
- Termination after completing 80% of initially set duration:
- Earned rewards: 15% reduction.
- Initial staked amount: 5% reduction.
Penalty Allocation:
- Half to creator wallet.
- Half added to the reward pool for the following day, distributed among engagement miners.
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