Dual rewards ($M + MRC-20)

| Reward distribution & Block Proposer Selection Method

1. $M Validators & Delegators

• Base Rewards: Receive 75% of the total block rewards.

• $M Validators: Stake a fixed amount of $M (7 millions $M, approximately $50,000 in the beginning) as register amount.

• Reward Distribution: Rewards are distributed based on the ratio of $M held by $M Delegators and $M Validators.

• Commission: $M Delegators pay a 10% commission of their rewards to the Validators.

2. Meme Delegators

• Base Rewards: Receive 24% of the total block rewards.

• Equal Distribution: Rewards allocated to each node are distributed equally.

• Node Calculation: Rewards are calculated per node.

• Market Cap Ratio: The reward ratio of each meme coin is set close to its market cap ratio.

  • Example: If Meme Coin A has a market cap twice as large as Meme Coin B, the delegating reward for Meme Coin A is twice that of Meme Coin B. Price changes are not considered, and price differences are resolved through weighted quantities of meme coins (e.g., if Meme Coin A is $0.1 and Meme Coin B is $1, then 10 of A equals 1 of B).

  • Reward ratios can be adjusted to accommodate the addition of new meme coins.

• Commission: 15% of the rewards are returned as a fee to the validators.

3. Additional Rewards

Receive 1% of the total block rewards. Validator set(Validator, Delegator, Meme Delegator) receive additional rewards if the validator they support is selected as the block proposer. - Additional Reward Ratio: Reward Ratio calculation is same with base Reward distribution

4. Others

This number of this lists can be adjusted:

• Base Rewards between $M Validators&Delegators and Meme Delegators

• Required staking $M for Validator

• Commission ratio for $M Delegator & Meme Delegator

• The whitelist of MEME used in the delegating.

• Reward Ratio of each Memes

• Number of Validator

| Block Proposer Selection Algorithm

1. Block Generation Cycle

• In each block generation cycle, a block proposer is selected from the pool of $M Validators.

2. Selection Method

$M Validator Pool:

• Randomly select one from the $M Validator pool.

• Adjust the probability based on:

  • Past performance.

  • Age: participation time after proposer.

3. Reward Structure and Incentives

• The selected block proposer proposes a block and receives the corresponding rewards.

• Delegators supporting the selected block proposer receive additional rewards to encourage participation.

  • Additional Rewards: Delegators receive an additional 1% of base rewards if the validator they support is selected as the block proposer.