Poll Staking Matrix
The tiered staking system we've developed is a comprehensive and incentivized framework designed to engage and reward users based on their level of commitment and investment. At its core, this system features ten distinct tiers, ranging from "Tier 1" to "Tier 10," each representing a specific range of token stakes. This hierarchy not only categorizes users based on their staked tokens but also integrates the duration of their stake, encompassing terms from 3 months to 3 years. The longer and more substantial the stake, the higher the tier a user achieves. This tiered approach is crucial in determining the distribution of revenue shares from the ad network. Higher tiers, indicative of a greater and longer-term stake, receive a larger percentage of these revenues, creating a direct correlation between the level of investment and the potential for earning.
In addition to bounty rewards, the system is intricately tied to a voting mechanism that gives users a say in important decisions, such as feature developments, community initiatives, or the direction of the platform. Each tier is assigned a base voting power, which is exponentially increased through a quadratic function, granting more significant influence to higher tiers. For example, an "Tier 10" has substantially more voting power than a "Tier 1." This structure ensures that while all users have a voice, those with a higher stake, reflecting a deeper commitment to the platform, have a proportionately greater influence. The voting power is further multiplied by the length of the stake, incentivizing long-term commitments. Users involved in longer staking terms have more say in polls and votes, aligning decision-making power with investment duration and amount.
This tiered staking system is not only a means of revenue distribution but also a dynamic tool for community engagement and governance. By staking tokens, users gain access to bounties and the ability to influence key decisions through polls and votes. The system is designed to recognize and reward loyalty and investment, creating a symbiotic relationship between the user's stake and their influence within the ecosystem. For advertisers and partners in the ad network, this model presents an attractive proposition, as it ensures an engaged and invested user base, enhancing the effectiveness and reach of their campaigns. In essence, the tiered staking system fosters a vibrant community where investment, loyalty, and active participation are key drivers of both individual rewards and collective growth.
| Term | Tier 1 | Tier 2 | Tier 3 | Tier 4 | Tier 5 | Tier 6 | Tier 7 | Tier 8 | Tier 9 | Tier 10 |
|---|---|---|---|---|---|---|---|---|---|---|
Tokens | 0 - 1M | 1M+ - 5M | 5M+ - 10M | 10M+ - 20M | 20M+ - 40M | 40M+ - 80M | 80M+ - 120M | 120M+ - 160M | 160M+ - 180M | 180M+ - 200M |
3 m | 1 | 4 | 9 | 16 | 25 | 36 | 49 | 64 | 81 | 100 |
6 m | 2 | 8 | 18 | 32 | 50 | 72 | 98 | 128 | 162 | 200 |
9 m | 3 | 12 | 27 | 48 | 75 | 108 | 147 | 192 | 243 | 300 |
12 m | 4 | 16 | 36 | 64 | 100 | 144 | 196 | 256 | 324 | 400 |
2 yr | 8 | 32 | 72 | 128 | 200 | 288 | 392 | 512 | 648 | 800 |
3 yr | 12 | 48 | 108 | 192 | 300 | 432 | 588 | 768 | 972 | 1200 |
How it Works:
A token bounty will be rewarded as per the outlines of the revenue sharing matrix. This system is designed to incentivize long-term staking and larger token amounts by granting more voting power to those who commit more. The table you provided outlines the voting power granted to each tier based on the staking term.
For instance, a "Tier 1" staker for 3 months would receive 1 voting power, while a "Tier 10" staker for 3 years would receive 1200 voting power. This means that a "Tier 10" staker for 3 years has 1200 times more influence in voting than a "Tier 1" staker for 3 months.
When a poll is conducted, each voter's influence is determined by their voting power. The more voting power a voter has, the more influence they have over the outcome of the poll.
Calculations:
The voting power for each tier and term is calculated by squaring the term (in months) and multiplying it by the tier coefficient. The tier coefficients are as follows: Tier 1 = 1, Tier 2 = 4, Tier 3 = 9, Tier 4 = 16, Tier 5 = 25, Tier 6 = 36, Tier 7 = 49, Tier 8 = 64, Tier 9 = 81, Tier 10 = 100.
Advantages:
Incentivizes Long-Term Staking: By granting more voting power to those who stake for longer terms, the system encourages long-term commitment.
Rewards Larger Token Amounts: Higher tiers, which require larger token amounts, receive more voting power, incentivizing users to stake more tokens.
Fair Distribution of Influence: The system ensures that those who contribute more to the network (by staking more tokens for longer terms) have more influence over its decisions.
Disadvantages:
Potential Centralization of Power: If a small number of users have a large number of tokens and stake for long terms, they could potentially control the outcomes of polls.
May Discourage Small or Short-Term Stakers: Users with fewer tokens or those who prefer to stake for shorter terms may feel that their influence over the network's decisions is insignificant.
Example with 500 Voters:
Let's assume we have 500 voters distributed evenly across all tiers and terms. This means we have 10 voters in each tier-term combination.
When a poll is conducted, the total voting power is the sum of the voting power of all voters. Each voter's influence over the poll is proportional to their voting power.
For instance, a "Tier 10" staker for 3 years would have 1200 voting power. If the total voting power of all voters is 60000, this "Tier 10" staker would have 2% influence over the poll (1200/60000).
On the other hand, a "Tier 1" staker for 3 months would have 1 voting power, which would give them approximately 0.00167% influence over the poll (1/60000).
This system ensures that the influence over the network's decisions is distributed fairly, based on each user's contribution to the network
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