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leveling_system [03/11/2023 13:55] – Updated minting reward percentages quickmythrilleveling_system [03/12/2023 01:55] – gfactor
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 At a later date, leveling will apply to other Qortal account types (see [[Account Types]]) giving multiple different types the ability to 'level up' in the system, and gain more voting influence, form committees, etc. At a later date, leveling will apply to other Qortal account types (see [[Account Types]]) giving multiple different types the ability to 'level up' in the system, and gain more voting influence, form committees, etc.
  
-{{ :qortal_minting_and_leveling_2023.jpg |}}+{{::933df037-60e3-4987-9be3-e3d315e3db13.jpeg?400|}}
  
 ====Minting Levels==== ====Minting Levels====
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--Note- QORA holders do NOT have to be minters in order to earn their transition into QORT coin. FOUNDERS, however, DO.+**Please note:** 1) QORA holders do NOT have to be minters in order to earn their transition into QORT coin. FOUNDERS and all other account types however, DO. 2) tiers 7-8 and 9-10 require at least 30 minters before they become active. If a tier has between 1 and 29 minters, the rewards are combined and shared with the previous tier.
  
 Another thing to note - if minters are OFFLINE, a larger percentage of the block reward percentage goes to the minters who are ONLINE. So be sure you keep your node ONLINE as much as possible, to both garner your earned reward, as well as your 'online block count' for leveling up. Another thing to note - if minters are OFFLINE, a larger percentage of the block reward percentage goes to the minters who are ONLINE. So be sure you keep your node ONLINE as much as possible, to both garner your earned reward, as well as your 'online block count' for leveling up.
  
-- **Founders** will obtain a minimum of **3%** of the block reward, and/or the 'leftover' percentage, which initially will be higher when there aren't users in all of the various level tiers, and will decrease over time as minters level up and fill the level tiers.+- **Founders** will obtain a minimum of **3%** of the block reward, and/or the 'leftover' percentage, which initially will be higher when there aren't enough users in all of the various level tiers, and will decrease over time as minters level up and fill the level tiers.  No rewards will be distrubuted to a tier (for example Levels 7 & 8, or 9 & 10 together), until there are 30 minters in that tier.  If a tier has between 1-29 minters, their rewards will be combined with and distributed to the previous level as well.  This ensures that a small number of minters do not earn a large percentage of the minting rewards to themselves.
  
 //Above is the initial split for minters based on their level. This split is subject to modification in the future, via either a vote by the users, or if necessary, a modification by the development team. (It is the goal of the system, **to eventually not need modification of anything without votes**, however, in the beginning, it is likely that sometimes it will be inevitable for changes to be made without them.)// //Above is the initial split for minters based on their level. This split is subject to modification in the future, via either a vote by the users, or if necessary, a modification by the development team. (It is the goal of the system, **to eventually not need modification of anything without votes**, however, in the beginning, it is likely that sometimes it will be inevitable for changes to be made without them.)//
leveling_system.txt · Last modified: 04/27/2023 19:48 by gfactor

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