kaal:claim:3782217-011

In the SchellingCoin approach to oracle design, members stake reputation tokens on their answer to the question a DApp is asking and are rewarded according to how close they came to the resulting median value, which functions as the game theoretic Schelling point.

Source quote, verbatim

The idea is to have your Oracle DAO members stake their reputation tokens on their answer to a question a DApp is asking. Then you reward those closer to the resulting median value

From

Craig Calcaterra, Wulf A. Kaal, The Importance of History In Decentralization (2021), SchellingCoin protocol, p. 4
https://ssrn.com/abstract=3782217 · source PDF

Cite as

Craig Calcaterra, Wulf A. Kaal, The Importance of History In Decentralization (2021). SSRN: https://ssrn.com/abstract=3782217

Holds when

questions with a verifiable focal answer

Classification

designsupport: arguedtokenomicssmart-contractsreputation

Related claims

specializes kaal:claim:3266953-016 Putting the counterparties' reputation at stake reverses smart contracting's degeneration, because the opportu...

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