Reputation and reward system
  • Every user’s Reputation Score starts at a value of 1.0x
  • Reputation can be as low as 0.1x and as high as 3.0x
  • Rewards are given to those who have voted in the majority.
  • Rewards consist of Reputation, BMIs, and USDTs
  • Voters voting in the minority suffer Reputation loss.
  • Voting in the extreme minority - 10%, will result in stkBMI penalty
  • Voters can vote on different claims with different stkBMI amounts (by increasing their total staked stkBMI amount).
  • Rewards are distributed based on the number of stkBMI used by the user in specific claims and their Reputation Score (Voting power).
  • Rewards, penalties, and reputation are calculated for each claim separately and are based on the stkBMI amount used at the moment of voting.
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How is the reputation calculated?

Voter_x - Voter for which the current calculation is done​ Rep_x - Voter_x reputation before the calculation Rep_x_n - Voter_x reputation after the calculation V_MIN% - % of voters voting in the minority V_MAJ% - % of voters voting in the majority
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If the user has voted in the majority:
Repxn=Repxβˆ’Vmaj20{Rep}_{x_n}=Rep_x-{\frac {V_{maj}} {20}}
If the user has voted in the minority:
Repxn=Repxβˆ’(1βˆ’(Vminβˆ—2))22{Rep}_{x_n}=Rep_x-{\frac {({1}-(V_{min}*2))^2} {2}}

How are the rewards calculated?

Voter_x - Voter for which the current calculation is done​ Share_x - % of the Voter_x participation in the rewards distribution Voting Power (VP) = Reputation Score * stkBMI of the Voter_x that has been used in voting
Sharex=VPxβˆ‘1nVP1+VPnShare_x = \frac {{VP}_x} {\sum_{1}^n{VP}_1+{VP_n}}
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How is the reputation calculated?
How are the rewards calculated?