🎁Reputation and reward system

The Reputation and Rewards System is designed to incentivize fair and accurate voting while penalizing fraudulent voting behavior. It creates a dynamic ecosystem where users are encouraged to actively participate and contribute to the integrity of the voting process.

How does the Reputation Level work?

Every user starts with a Reputation Level of 1.0x. This score can range from as low as 0.1x to as high as 3.0x, reflecting the user's trustworthiness and voting history within the DEIN ecosystem.

What rewards can I expect?

Rewards are given to users who vote in the majority on claims. These rewards include both Reputation and DEIN tokens. The amount of rewards received depends on the user's Voting Power, determined by their Reputation Level and their locked DEIN Native Staking NFTs used in the voting.

Are there any consequences for voting in the minority?

Yes, voting in the minority can result in Reputation loss. Furthermore, voting in the extreme minority, such as 10% or less, will lead to a penalty in the form of DEIN tokens.

Can I vote on multiple claims?

Absolutely! Users have the flexibility to vote on different Claims as long as they are not pending any reward/penalty calculation.

How are rewards, penalties, and reputation calculated?

Rewards, penalties, and reputation are calculated separately for each claim based on the Voting Power of the locked DEIN Native Staking NFTs. The more DEIN tokens user votes with on a specific claim and the higher their Reputation Score, the greater their share of rewards.