Contributor Rewards Program
Wika Network rewards contributors by minting new tokens.
Its genesis block only has 1000 Wikas in the accounts of the first couple of validating nodes,
and all tokens will be minted according to the rewards program policies agreed upon by the community,
and documented here.
This policy is currently discussed offchain and executed using multi-sig sudo account,
but we will move to a purely decentralized process inchain as soon as it is developed and tested.
The reward amounts are "calibrated" using a price of US$ 0.02 per Wika.
This assumption is extremely simplistic and derives from a basic rationale: 1 million users, spending a average of $20 a year,
divided by maximum supply of 1 billion Wikas.
In reality, it is extremely hard to predict the future market capitalization and price of the token at such an early stage of the project,
so the assumption is just a basic way to calibrate our reward system.
Development#
| Project | Task | Reward (Wikas) | Comments | Status |
|---|
| wika_node | Blockchain first prototype | 500 000 | wika_node github repo | Done |
| wika_browser_ext | Browser extension first prototype | 500 000 | wika_browser_ext repo
Compatible with Chrome and Firefox | Done |
| wika_website | Wika website template and CI/CD | 100 000 | wika_website repo | 80% completed, needs final hosting and CI/CD. |
| wika_node | Implement a process inchain to create and reward feature requests | 100 000 | Instead of managing this through discord and executing with Sudo | - |
| wika_browser_ext | Error management: Replace alert with header error bar | 25 000 | wika_browser_ext/issues/1 | - |
Documentation#
| Task | Reward (Wikas) | Comments | Status |
|---|
| Create a new documenation page | 5000 | | 5 Pages so far |
| Update an existing page | 1000 | | |
Tests#
| Task | Reward (Wikas) |
|---|
| Install and test latest versions from source | 1000 |
| Wika Network early adpoters on main net | 100 |
| Deploy a testnet blockchain node | 1000/month |
Community management and growth#
| Task | Reward (Wikas) | Comments | Status |
|---|
| Super Ambassador | 500 000 | | |
| Senior Ambassador | 250 000 | | |
| Ambassador | 100 000 | | |
| Friend of Wika | 50 000 | | |
| Discord server Admin | 50 000 / Month | | |
| Discord server Moderator | 10 000 / Month | | |
| Organize an event | 10 000 to 250 000 | | |
Ambassadors should use their balance to recruit new users and contributors.
Then they can refund their wallet after justfying how they spent their budget.
Building strategic partnerships#
| Task | Reward (Wikas) | Comments | Status |
|---|
| Estabish a new strategic partnership | 500 000 | For ex Coingecko listing, Wikipedia Foundation, Web3, Kusama, Polkadot, etc. | - |
| Convince a well known website to integrate Wika like button | 1 000 000 | | |
Providing liquidity#
| Task | Reward (Wikas) | Comments | Status |
|---|
| Supply liquidity on uniswap Wika/ETH pool | x / ETH.day | | |
| Supply liquidity on polkaswap Wika/XOR pool | x / XOR.day | | |
Mining#
| Task | Reward (Wikas) | Comments | Status |
|---|
| Run an authority MainNet node | Share of transaction fees | | |
| Run a non-authority MainNet node | 1 000 / Month | | |