ComStats

Coming Soon - Social Voting

Objectives

Promote community engagement
Elevate project quality and innovation standards
Ensure transparent and democratic project selection processes
Enhance the intrinsic value and utility of COMAI tokens

Social Voting Structure

Category	Entry Fee (COMAI)	Reward (Staked COMAI)
Standard Entry	50 \| Seats: 10	Top 3: 100k per project
Existing Projects	20 \| Seats: 10	Top 2: 50k per project
Base Entry	10 \| Seats: 10	Top 1: 10k per project

Voting and Reward Timeline

The voting process will run for 5 days, starting on the 1st of each month. Following the voting period, rewards will be staked for 21 days, starting on the 7th of the month, allowing ample time for evaluation and validation of winning projects by the community.

Voting Power Calculation:

Voting Power = 0.8 * sqrt(total staked * length of stake) + 0.1 * sqrt(staked on comstats * length of stake) + 0.1 * sqrt(Free Balance $COMAI)

Implementation Plan

Project Submission: Interested projects or modules will submit their entries within the specified categories along with the respective entry fees.
Voting Process: A quadratic voting algorithm will be utilized to ensure equitable and weighted results based on stakers participation.
Reward Distribution: Rewards will be staked for 21 days, providing an opportunity for thorough assessment and validation of winning projects.

Benefits

Enhanced community engagement
Improved project quality
Transparent governance mechanisms
Anticipated value appreciation of COMAI tokens