π§‘BLIFE Protocol Reputation (BPR) System
Last updated
Last updated
The BPR system allows for monitoring stakeholder interactions within the protocol, providing both qualitative and quantitative assessments of their conduct. It influences the treasury revenue allocation stream, where network fees from ecosystem transactions are pooled and distributed among stakeholders based on their membership level and tier. The system aims to incentivize positive contributions and mitigate detrimental actions by adjusting the share of treasury rewards. Stakeholders can improve or diminish their standing based on their adherence to protocol standards and overall contribution.
In essence, these phases and systems work together to foster a dynamic, collaborative, and rewarding BLIFE protocol ecosystem, ensuring its sustainable growth and positive stakeholder engagement.