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This document outlines the Karat Network's scoring system, claimer roles, and validator details. It provides information on how claimers’ Karat Scores are calculated, the opportunity of claimer roles based on Karat Scores, and the benefits and requirements of becoming a validator within the network.
Claimer Karat Score Calculation
Karat Score is determined by the following formula: Karat Score = 1000 * Wallet Holdings * Wallet Age
| Wallet Holding / ETH | Wallet Holdings**_**Coefficient | Wallet Age | Wallet Age_Coefficient |
|---|---|---|---|
| 0 | 0.01 | <10 days | 0.1 |
| 0 - 0.1 | 0.1 | 10 - 30 days | 0.5 |
| 0.1 - 0.5 | 0.6 | 1 - 3 Months | 0.8 |
| 0.5 - 1 | 0.8 | > 3 Months | 1 |
| 1 - 5 | 0.9 | ||
| 5 - 20 | 1 | ||
| 20 - 100 | 1.2 | ||
| 100 - 500 | 1.3 | ||
| > 500 | 1.5 |
For example:
A new user with 3 ETH and 15 days’ wallet age will be: 1000 * 0.9 * 0.5 = 450
To prevent Sybil Attack, we take snapshot of wallet holding and age on Ethereum at the time Karat Claimer NFT campaign is live.
Block Height: 17229887
Timestamp: 1683720239 (Wed May 10 2023 12:03:59 GMT+0000)
We will intermittently update the snapshot block height based on the claim status.
Claimer Roles
The user roles are assigned based on each user's Karat Score. There are 5 roles:
Scientist, Engineer, Doctor, Security, and Artist
| Role | Karat Score < 60 | 60 - 500 | > 500 |
|---|---|---|---|
| Scientist | 5% | 15% | 40% |
| Artist | 10% | 25% | 30% |
| Engineer | 15% | 25% | 30% |
| Doctor | 25% | 20% | 0% |
| Security | 45% | 15% | 0% |
Validator and Lieutenant
Users can become Validators by minting NFTs.
Once claimer joins the network through a validator’s referral link, the claimer automatically becomes Validator’s Lieutenant.
a. Validator Levels:
d. Validator Sign Up score:
e. Lieutenant Sign Up score:
Exact Coefficient for x, y, m, n will be released soon.
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