Score and Roles（Removed）

Score and Roles（Removed）

Score and Roles

This document outlines the Karat Network's scoring system, claimer roles, and validator details. It provides information on how claimers’ Karat Scores are calculated, the opportunity of claimer roles based on Karat Scores, and the benefits and requirements of becoming a validator within the network.

  1. Claimer Karat Score Calculation

    2. Karat Score is determined by the following formula: Karat Score = 1000 * Wallet Holdings * Wallet Age

    Wallet Holding / ETH
    Wallet Holdings_Coefficient
    Wallet Age
    Wallet Age_Coefficient
    0
    0.01
    <10 days
    0.1
    0 - 0.1
    0.1
    10 - 30 days
    0.5
    0.1 - 0.5
    0.6
    1 - 3 Months
    0.8
    0.5 - 1
    0.8
    > 3 Months
    1
    1 - 5
    0.9
    5 - 20
    1
    20 - 100
    1.2
    100 - 500
    1.3
    > 500
    1.5

    For example:

    A new user with 3 ETH and 15 days’ wallet age will be: 1000 * 0.9 * 0.5 = 450

    To prevent Sybil Attack, we take snapshot of wallet holding and age on Ethereum at the time Karat Claimer NFT campaign is live.

    Block Height: 17229887

    Timestamp: 1683720239 (Wed May 10 2023 12:03:59 GMT+0000)

    We will intermittently update the snapshot block height based on the claim status.

  2. Claimer Roles

    3. The user roles are assigned based on each user's Karat Score. There are 5 roles:

    Scientist, Engineer, Doctor, Security, and Artist

    Role
    Karat Score < 60
    60 - 500
    > 500
    Scientist
    5%
    15%
    40%
    Artist
    10%
    25%
    30%
    Engineer
    15%
    25%
    30%
    Doctor
    25%
    20%
    0%
    Security
    45%
    15%
    0%
  3. Validator and Lieutenant

      4. Users can become Validators by minting NFTs.

      Once claimer joins the network through a validator’s referral link, the claimer automatically becomes Validator’s Lieutenant.

      a. Validator Levels:

    1. Tier 1: Costs 1 ETH - Total Supply 30
    2. Tier 2: Costs 0.2 ETH - Total Supply 300

      3. d. Validator Sign Up score:

    3. Tier 1 Validator: x % * claimer's Karat Score
    4. Tier 2 Validator: y % * claimer's Karat Score

      5. e. Lieutenant Sign Up score:

    5. Tier 1 Validator's Lieutenant: m % * claimer's Karat Score
    6. Tier 2 Validator's Lieutenant: n % * claimer's Karat Score

      7. Exact Coefficient for x, y, m, n will be released soon.

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