Utility 1 - Judge to Earn

Token Staking for Judicial Roles in FrogPay Protocol

Within the FrogPay Protocol, a nuanced system has been designed to ensure that those serving as arbitrators or judges are not only qualified but are motivated by a system that rewards high-quality decision-making and maintains a high standard through a combination of token staking and a robust reputation system. This detailed tiered structure outlines the path to becoming a judge and delineates the potential consequences tied to judicial performance:

Judicial Tiers and Qualifications

• Novice Tier:

  • Staking Requirement: 1,000 $FRGP.

  • Starting Reputation Points: 0 points, welcoming new judges to the ecosystem.

  • Reputation Dynamics: Judges receive +2 reputation points for aligning with the majority decision and -2 for a minority decision.

  • Penalties: A warning is issued at -10 points, with disqualification from judicial duties at -20 points, ensuring accountability from the outset.

• Intermediate Tier:

  • Staking Requirement: 5,000 $FRGP.

  • Starting Reputation Points: 50 points, recognizing their higher level of commitment.

  • Reputation Dynamics: A majority decision yields +1.5 points, while a minority decision deducts -1.5 points.

  • Penalties: Judges face a warning at -20 points, disqualification, and a loss of 5% of their staked $FRGP at -30 points, balancing risk with responsibility.

• Expert Tier:

  • Staking Requirement: 10,000 $FRGP.

  • Starting Reputation Points: 100 points, signifying advanced trust in their decision-making.

  • Reputation Dynamics: +1 point is awarded for a majority decision; a minority decision results in a loss of -1 point.

  • Penalties: The tier introduces warnings at -30 points, with disqualification and a 10% stake penalty at -40 points, emphasizing the importance of expert analysis and fairness.

• Master Tier:

  • Staking Requirement: 20,000 $FRGP.

  • Starting Reputation Points: 200 points, representing the pinnacle of judicial roles within the ecosystem.

  • Reputation Dynamics: +0.5 points for a majority decision and -0.5 for a minority decision, reflecting the significant impact of their rulings.

  • Penalties: Masters receive no preliminary warnings, facing immediate disqualification and a 20% stake penalty if their reputation falls to -50 points, underlining the high expectations for those at the summit of the judiciary system.

Performance-Based Incentives and Penalties

This tiered approach to the judiciary within Frogpay Protocol aligns with the principles of fairness and incentivizes a balanced application of justice. The performance-based rewards and penalties system ensures that decisions are rendered with consideration and diligence. By imposing stricter penalties and higher stakes at each ascending tier, judges are encouraged to maintain objectivity and uphold the standards of the ecosystem.

Through this tiered staking and reputation system, Frogpay Protocol fosters a community-driven judiciary that self-regulates and continually upholds the ethos of equitable and just dispute resolution. Judges are not only gatekeepers of protocol integrity but also active participants in its evolution, shaped by their expertise and the trust placed in them by the community.