Community Reward Rules
Economic Model
Last updated
Economic Model
Last updated
For community reward, a total of 800,000,000 AGT is allocated. Drawing inspiration from Bitcoin's halving mechanism, the reward rules factor in the number of users engaging in product to determine AGT rewards. Theoretically, the maximum AGT released annually is half of the remaining total in the rewards pool from the previous year. If the number of users is low in a given year, the actual release quantity may be lower than the theoretical amount. Rewards remain constant when user numbers are low, but steadily decrease as user numbers increase.
n: Number of years
Rn: Total AGT released annually in the nth year
S: Total rewards pool amount, equal to 890 million tokens
Sn: Total AGT remaining in the rewards pool in the nth year, where S0 = S/2.
To ensure fairness in rewards, the AIWave rewards protocol imposes restrictions on Rn:
P: A constant, with a value of 16.6
Y: Constant, representing the number of days in a year
t: Number of days
ut: Number of AIWave platform reward users on day t
The formula illustrates the rewards quantity in the nth year. The constant P represents: when the number of reward users is low, each user's daily rewards is 16.6 AGT; when the number of reward users is high, the rewards dynamically adjusts according to the number of reward users. The AGT earnings per user per day follow the curve shown in the graph below:
By analogy. The amount of AGT obtained each month depends on the number of reward users.