Reward

In every poll, each participant can vote a specific amount of tokens. When the voting period ends, the total amount of tokens voted is calculated. After the platform and creator fees are distributed, the remaining tokens are distributed to participants who voted for the highest voted option, based on the proportion of their individual votes in the total votes for the winning option.

Reward calculation

The reward allocated to each user who voted for the highest-voted opinion is determined by the following formula:

$$R_{user}={V_{user}\over \sum V_{user}}*(R_{pool}-F_{platform fee}-F_{creator fee}-F_{participant fee})$$

• $R_{user}​$: Reward allocated to a specific user who voted for the highest-voted opinion.

• $V_{user}​$: Number of tokens that a specific user contributed by casting their vote.

• $∑V_{user​}$: Total tokens contributed by all users who voted for the highest-voted opinion.

• $R_{pool​}$: Total tokens contributed by all users in the voting process.

• $F_{platform fee​}$: Amount charged by the platform from the total tokens voted.

• $F_{creator fee​}$: Amount received by the creator of the vote from the total tokens voted.

• $F_{participant fee​}$: Amount received by the active participants for the vote.

Participant fee

Active participants in the vote play a pivotal role in our platform's democratic ecosystem. To motivate all users to actively express their opinions and participate in votes, we've established a rewarding system. Users who engage in voting are eligible to receive a specific amount from our reward pool. This not only acknowledges their contribution but also serves as an incentive to encourage continued participation. What's unique about our system is that this reward can be obtained even without actively participating in votes, ensuring that all users, whether voters or not, have an opportunity to benefit from the platform's engagement and activities. We believe in empowering every user, making sure their voice is heard, and rewarding their presence in our vibrant community.