grassrootseconomics
/
cic-docs
5
0
Fork 0
Code Issues Pull Requests Projects Releases Wiki Activity

Update 001_platform_incentives.md

This commit is contained in:
WillRuddick 2020-04-26 07:49:37 +03:00 committed by GitHub
parent e5f57a1436
commit e95f948464
No known key found for this signature in database
GPG Key ID: 4AEE18F83AFDEB23
1 changed files with 1 additions and 1 deletions
Show Stats Download Patch File Download Diff File Expand all files Collapse all files

2
spec/001_platform_incentives.md
View File

@ -18,7 +18,7 @@ The following are all rules are platform based (not blockchain contract based).
1. *airdrop-full-profile*: New users that fill out their profiles (name, business, location, gender) get additional 400 Sarafu (a CIC) (must call office line) (Shown as Disbursement in database)
1. *referral*: Users that are the 1st to send a new user at least 20 tokens in the 1st 24 hours get 100 Sarafu - after that new user has begun to trade with another user (not the referrer) (Shown as Disbursement in database)
1. *chama bonus*: Savings Groups (aka Chamas are groups of users that save and give loans to eachother) get 10,000 Sarafu divided between their members after 2 months of trading.(Shown as Disbursement in database)
1. *chama redemption*: Savings Groups can redeem 50% of their Sarafu Balance for Kenyan Shillings each month but must have spent (given loans) of at least as much as they want to cash out. (Shown as Agent_out in database) Cashing out is done using donor funds by Grassroots Economics Foundation and Sarafu is valued 1:1 with Kenyan shilligns using eMoney (Mpesa).
1. *chama redemption*: Savings Groups can redeem 50% of their Sarafu Balance for Kenyan Shillings up to a maximum of 30k Sarafu each month but must have spent (and/or given loans) of at least as much as they want to cash out. (Shown as Agent_out in database) Cashing out is done using donor funds by Grassroots Economics Foundation and Sarafu is valued 1:1 with Kenyan shilligns using eMoney (Mpesa).
1. *usage bonus*: Users get a daily or weekly Sarafu bonues depending on how they trade. They are ranked by the number of other people they trade above 20 Sarafu with and awarded based on their percentage of such overall trade. (Possibly moving to k-cycle centrality).(Shown as Disbursement in database)
1. *Holding Fee*: If an account if dormant (no trades in or out) for 7 days 20 Sarafu are deducted and added back to the pool. (Shown as Reclaimation in database)
1. *Donation bonues* Anyone with Mpesa or Bonga points can send them to Grassroots Economics to receive additional Sarafu (Shown as Disbursement in database) Donors can give Grassroots Economics funds to support the Sarafu buy-back and operations