Design and Implement an Incentive Structure

[HDauven]

Design and Implement an Incentive Structure

Overview

The goal of this task is to design and implement an incentive structure for the ITN2 participants. The incentive structure should encourage users to actively participate in the testnet by providing rewards for their contributions. This will help us collect valuable data and feedback, ultimately leading to a more robust and secure Dusk Network.

Goals

• Design an effective and fair incentive structure for testnet participants.
• Implement the designed incentive structure in the ITN2.

Action Items

• Review the existing incentive structure documentation and see what learnings from ITN1 can be applied.
• Research existing incentive structures in other blockchain networks and identify best practices.
• Define the key performance indicators (KPIs) for the ITN2 participants.
• Design an incentive structure based on the KPIs and best practices, ensuring fairness and effectiveness.
• Get feedback from team members and the community on the proposed incentive structure.
• Refine the incentive structure based on feedback and finalize it.
• Implement the finalized incentive structure in the ITN2.

Acceptance Criteria

• The incentive structure has been reviewed and approved by the team and community.
• The finalized incentive structure is implemented in ITN2.