Build on zkYuga
Rewarding Innovation and Sustainability
zkYuga believes in a collaborative ecosystem where everyone thrives. Here's how projects benefit within the zkYuga network:
Incentivizing Growth:
Traffic Rewards: Projects driving network activity are rewarded, fostering a mutually beneficial growth model. zkYuga benefits from increased traffic, while projects gain recognition and potential user acquisition.
Fairness and Transparency:
Meritocratic System: Success is determined by merit and value creation, not preferential access. This ensures a level playing field for all developers to build innovative applications and services.
Privacy and Compliance:
Privacy-Preserving: zkYuga prioritizes user privacy while adhering to regulatory guidelines. This fosters an environment where privacy and compliance can coexist.
Sustainability Focus:
Sustainability Incentives: Projects that contribute to environmental sustainability goals can receive liquidity support. This aligns rewards with positive social and environmental impact.
How it Works:
Transaction Fees: Projects pay gas fees in $YUGA to conduct transactions on the network.
Network Analysis: The network captures these fees and analyzes their origin, identifying the contributing projects.
Algorithmic Weightage: Various data points are used by the algorithm to assign weightage to each project based on their contribution.
Reward Distribution: A portion (X%) of the total daily collected rewards are distributed among contributing projects, with consideration for weightage.
Eligibility: Only projects with valid yugaID (unique identifier) are eligible for rewards.
This system fosters a collaborative and sustainable ecosystem where projects are incentivized to innovate, contribute to network growth, and prioritize sustainability.
Last updated