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Aram Z
@AramzCrypto
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Exploring Web3 | Alpha @MyAlphaDrops | Contributor @nostrafinance
Joined October 2022
I appreciate @StoryProtocol and @jasonjzhao's efforts to eliminate Sybils. However, I question whether the rewards saved from Sybils are included in the initial 5% allocation. Will these tokens be redistributed to real users on Day 1—effectively increasing their allocation—or withheld for future campaigns, thereby diluting the initial 5% incentive pool?
We are implementing strong anti-sybil measures — including Passport scores — on Day 1 to distribute greater rewards to the community via future Initial Incentive campaigns. All allocation saved from Story’s anti-sybil efforts will b redistributed to real users in future Initial Incentives programs, ensuring that farmers do not take away rewards from long-term aligned participants in the Story network.
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Locked in my application for a @Kintsu_xyz Beta Access Pass NFT! Kintsu's sMON is creating a new paradigm in liquid staking, fully decentralized and community driven. Ready to launch on Day 1 of @monad_xyz Testnet. Are you ready? Get yours now!
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How will Story Protocol address Sybil farming? •Use datasets from other projects like LayerZero that have already labeled Sybils. •Collaborate with analytics platforms like Nansen to identify suspicious patterns. •Use Proof of Humanity (PoH) solutions, like Gitcoin Passport, to ensure unique participation. The fairest approach could be a combination of data-driven detection and collaboration with other projects to ensure only legitimate participants are rewarded. ꧁IP꧂
Sybils and farmers will not be rewarded. We will not allow Sybils to take rewards from real users. ꧁🚫 🧑🌾 ꧂
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Kaito Yappers will be rewarded with $IP Story Protocol
Story Protocol announces $IP tokenomics $IP Distribution: 38.4% Ecosystem + Community 10% Initial Incentives 10% Foundation 21.6% Early Backers 20% Core Contributors Initial Supply: 1 billion $IP Initial Unlocked Supply: 25% $IP is coming soon
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Story Protocol announces $IP tokenomics $IP Distribution: 38.4% Ecosystem + Community 10% Initial Incentives 10% Foundation 21.6% Early Backers 20% Core Contributors Initial Supply: 1 billion $IP Initial Unlocked Supply: 25% $IP is coming soon
Introducing $IP, the native token of Story's L1! In the age of AI, $IP will play a critical role in tokenizing the $61T IP asset class. 58.4% of $IP will be devoted to Ecosystem & Community, Foundation, and Initial Incentives. More on ꧁IP꧂👇
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