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    metabbs@bbs
    metabbs@bbs
    Jun 28, 2021, 19:43

    Engagement Mining is the fuel to the BBS ecosystem. It functions as a subsidy to incentivize & reward BBS owners, content creators, curators and operators in order to bootstrap the network.

    50% of the total BBS token supply is expected to be distributed over the span of a few years on a monthly basis to all, genuine BBS’s in the ecosystem.

    The engagement rewards are split between the operator (±10%), and the board's cashier (±90%).

    The BBS Cashier is a pool of BBS tokens from which partnered members and board admins can cash-out their balance for BBS token, giving them access to deep liquidity.

    How much does each BBS receive & why?

    Each BBS earns based on the amount of daily impressions that BBS receives compared to the total amount of daily impression in the entire BBS network. So for example if you have 1000 daily impressions and the entire BBS network has 10,000, you would receive 10% of the daily BBS token distribution.

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    Naturally early adopters will earn the most since there will be fewer BBSes to share the rewards with and less adoption to compete with.

    Can’t this system be gamed?

    BBSes that try to game the system will be blacklisted. It is the role of the BBS DAO to review all active BBSes and determine if a given BBS is gaming the system. The DAO has an incentive to do this effectively because all engagement rewards flowing to “fake” BBSes take away from the rewards of the real BBSes; this ensures that the system won’t be gamed with fake users and posts.

    Join us today in building a vast and transformative network of BBSes.