Social mining

1. Introduction

Social Mining at Stone is an innovative mechanism that rewards content creators and users of the platform for interaction and engagement. We believe that an active and collaborative community is key to growth and sustainability, which is why we’ve created a system that incentivizes positive behaviors through the distribution of XP (Experience) and the Stone token.

2. Objectives

• Incentivize Content Creators: Provide fair rewards for those who contribute valuable and engaging content.

• Foster Meaningful Interactions: Reward users who engage constructively with posts, promoting discussions and connections.

• Long-Term Sustainability: Implement a dynamic adjustment model that ensures the system's viability as the community grows.

3. How It Works

The Social Mining system is simple and transparent. Each interaction within the platform generates XP for creators and users:

• Content Creators: Earn XP based on the quantity and quality of interactions on their posts.

• Users: Receive a payback of XP set by the creator based on their interactions (comments, shares, etc.).

3.1 XP Adjustment Formula

XP is adjusted based on the total number of active users on the platform to ensure sustainability:

• For fewer than 100,000 active users:

  
• For 100,000 active users or more:

  

3.2 XP to Stone Token Conversion Rate

To maintain creator interest and prevent rapid inflation, the XP to Stone token conversion rate will be defined as follows:

• Base Conversion Rate:

  • Every 100 XP accumulated can be converted into 1 Stone token.

• Conversion Rate Adjustments:

  • For every 10,000 active users, the conversion rate will be reviewed with the possibility of reducing the amount of tokens received, promoting a more sustainable adjustment. The new conversion rate may be proposed and adjusted through DAO voting.

3.3 Example of XP

If the Base XP for each interaction is defined as:

• Like: 3 XP

• Comment: 5 XP

• Share: 7 XP

The adjusted values for different numbers of active users would be:

• For 90,000 users:

  • Like: Adjusted XP = 2.7

  • Comment: Adjusted XP = 4.5

  • Share: Adjusted XP = 6.3

• For 100,000 users:

  • Like: Adjusted XP = 2.7

  • Comment: Adjusted XP = 4.5

  • Share: Adjusted XP = 6.3

• For 110,000 users:

  • Like: Adjusted XP = 2.67

  • Comment: Adjusted XP = 4.5

  • Share: Adjusted XP = 6.3

• For 120,000 users:

  • Like: Adjusted XP = 2.64

  • Comment: Adjusted XP = 4.5

  • Share: Adjusted XP = 6.3

3.4 Tokens Calculation

For example, a user who accumulated 1,000 XP:

• Conversion:

4. System Rules

1. Definition of Base XP: Each type of interaction (comment, share, like) will have a predefined base XP.

2. XP Adjustments: Adjustments to XP can be made through DAO voting, allowing the community to participate in the governance of the system.

3. Conversion Rate Adjustments: The XP to Stone token conversion rate can be adjusted through DAO voting to ensure the system's sustainability.

5. Conclusion

The Social Mining system at Stone aims to create a vibrant and sustainable ecosystem where every community member is encouraged to contribute, engage, and grow. With a fair and adaptable rewards model, Stone is ready to build a decentralized social network that puts power in the hands of its users.