Loading...
Lithium Finance will introduce a utility token that functions as a reward mechanism and also as a staking token for questions and answers.
When someone submits a question and later provides or receives answers, each participant stakes a specified amount-either as bounty for asking or as confidence for answering. This structure is intended to produce clearer signals pointing to the most reliable information.
Bounty Offer from Wisdom Queriers to incentivise Wisdom Node answers
The more important the information is to a person, the more they are willing to pay to obtain an answer. With many participants seeking the same information, the bounty total can grow significantly.Staking for Wisdom Nodes to signal confidence level of their answers
When a Wisdom Node submits an answer, it will stake a defined amount of LITH tokens to indicate its level of confidence. Combined with the node’s reputation in the sector, this can increase its influence as well as its potential share of the bounty and other rewards from accurate stakers.Reward for Wisdom Nodes for correct answers
After the answers are finalized, the LITH bounties and the Wisdom Node stakes are pooled and distributed based on how closely the answers match the ground truth.| Exchange | Pair | Last Price | Change (24H) | High (24h) | Low (24h) | Spread | Volume (24h) |
|---|