Rewards

Please note that the rewards distribution system is currently in its testnet phase and is subject to change as we gather feedback and optimize the system for fairness and sustainability.

The Chaterium Network rewards users for participating in the ecosystem through the distribution of tokens. The reward system is based on a daily token distribution percentage of around 0.1% of the total token pool. Users can exchange the energy they earn for participating in the network for tokens at a current exchange rate. This rate is determined by the last 24 hours of activity and exchange within the network.

The process of earning rewards is simple. Users can earn energy by participating in the network such as creating and engaging with content, staking hyperboards, and more. The energy earned can then be exchanged for tokens at the current exchange rate. As the network grows and more users participate, the exchange rate will fluctuate, providing an added layer of volatility and potential for earnings.

Additionally, the Chaterium network also has a mechanism for adjusting the difficulty of earning rewards, known as the "system difficulty" variable. This variable is updated based on the actual number of messages distributed and ensures that rewards are distributed fairly among participants.

In summary, the Chaterium Network rewards users for participating in the ecosystem through a daily token distribution system. The rewards earned can be exchanged for tokens at a current exchange rate, determined by the last 24 hours of activity within the network. The difficulty of earning rewards is also adjusted through the "system difficulty" variable to ensure fair distribution.