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.

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

If the user has voted in the majority:

$${Rep}_{x_n}=Rep_x-{\frac {V_{maj}} {20}}$$

If the user has voted in the minority:

$${Rep}_{x_n}=Rep_x-{\frac {({1}-(V_{min}*2))^2} {2}}$$

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

$$Share_x = \frac {{VP}_x} {\sum_{1}^n{VP}_1+{VP_n}}$$