Mining and Incentive System
Detailed X-to-Earn Model
⛏️ Mining and Incentive Mechanisms (X-to-Earn)
Butterfly's tokenomics is built around real-world behaviors, not purely online "likes."
Butterfly solves the network cold-start problem through X-to-Earn model.
Connect-to-Earn (SocialFi)
By PoC turning offline real "encounters" into assets.
Core logic: The token rewards users receive depend on interaction duration, distance weighting and both parties' social reputation scores.
Anti-cheat: If the reputation score is below a threshold (e.g., a new account), the reward multiplier is set to 0.
Purpose: To incentivize high-quality real social interactions.
Mechanism: Offline interactions verified via PoC.
Relay-to-Earn (DePIN)
Incentivizing users to keep the app running, turning their phones into physical-world infrastructure (DePIN nodes).
Incentive formula:
: Effective forwarded data volume.
: Latency.
Interpretation: The greater the effective forwarded volume and the lower the latency, the higher the reward.
Goal: To solve node density issues.
Mechanism: User devices act as relay nodes in a mesh network, helping others forward packets.
Explore-to-Earn (Growth)
Incentivizes users to "seed" the network into new geographic locations (e.g., network blind spots or high-density areas), driving S-curve growth of network effects.
Incentive formula:
: Number of newly discovered nodes.
: Scarcity weight of the area.
Goal: To incentivize physical expansion of the network.
Mechanism: Users carrying devices into new network blind spots or high-density areas (e.g., campuses, cafes).
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