Rewards Layer

Flex is a community-owned platform that rapidly boosts dApp user growth, ensuring the value generated directly benefits the Flex community.

The rewards layer implements an economic model to incentivize validator participation and maintain node network security.

Reward distribution mechanism:

The reward distribution incorporates a time-decay factor and a task difficulty multiplier:

$$R(v,t)= ∑ u∈V t ​ ​ W(u,t) W(v,t) ​ ×R t ​ ×D(t)×e −λ(t c ​ −t s ​ )$$

where:

• R(v,t) is the reward for validator v for task t

• W(v,t) is the weight of validator v for task t

• Vt is the set of validators that participated in task t

• Rt is the base reward for task t

• D(t) is the difficulty multiplier for task t

• λ is the time decay constant

• tc​ is the current time

• ts is the task submission time

Validator weight calculation:

The validator weight is a function of performance, availability, and stake:

$$W(v,t)=P(v) α ×A(v) β ×S(v) γ ×(1+I(v,t))$$

where:

• P(v) is the performance score of validator v

• A(v) is the availability of validator v

• S(v) is the stake of validator v

• I(v,t) is an innovation factor for new solutions proposed by v for task t

• α, β and γ are adjustable parameters to fine-tune the importance of each factor

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