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Monocle SBT

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Monocle SBT is a non-transferable Soulbound Token (SBT) in each voter's wallet on the Catfish platform that marks the level of the account's appraisal value.

As long as a user holding a Catfish NFT completes their first successful vote (i.e., when the appraisal value ≠ 0), the account can claim and mint the Monocle SBT.

Appraisal Value (AV)

For example, for voting user A, the formula is:

AV_A = A's net correct votes ÷ Maximum net correct votes across all users × 0.7 + A's correct votes ÷ A's total votes × 0.3 + 1 P.S. A's net correct votes = A's correct votes - A's incorrect votes (if negative, take 0) Voting Weight Coefficient (Wv) Wv_A = 10^AV_A

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Last updated 9 months ago