Incentivizing Social Graphs
Abstract
We outline a minimal, platform-agnostic framework for rewarding peer-to-peer attestations via stake-backed contracts. Every interaction generates on-ledger promises and network fees that fund a Bitcoin-pegged UBI pool.
1. Variables & Constants
- i, j: users
- : contract between i→j
- : amount pre-loaded by initiator
- : amount pre-loaded by responder
- : network fee rate (0≤φ<1) (0 possible?)
- : total fees accrued (operations) per epoch
- : user i's promised earnings
2. Data Model
Contracts
- status: pending → signed at
Earnings
- On signing:
Fees
- Collected by protocol:
3. Interaction Flow
- Initiate: i calls createContract(i,j,a) (default a=0)
- Propose: j calls propose(,b) (default b=0)
- Sign: either calls sign() → sets status, timestamp
- Settle:
- j's pending earnings
- protocol pool
4. Network Value & Distribution
Let N be signed contracts in epoch t:
Total promised UBI:
Fees F can underwrite growth (marketing, dispute bounties), while Ω funds user UBI.
5. Discussion
- Stateless: contracts require no user history.
- Flexible fees: setting φ tunes protocol revenue vs. UBI.
- Extensible: layer in on-chain anchoring or trust-scores later.
- Safety: default zero-stake contracts minimize risk.