Yup is a social consensus protocol that rewards curators and creators.
CryptoYup is a social networkconsensus protocol that rewards curators and empowerscreators. curators
Yup is a social consensus protocol that facilitates the measurement, capture, and exchange of influence in a pseudonymous opinion-based economy. It identifies content and distributes rewards according to the value of the opinions associated with that content. We define content as any specific data online that user(s) deem worth judging, including but not limited to texts, images, videos, locations, accounts, and links. The value of each action depends on a users' influence. The influence metric is a function of engagement, holdings over time, and reputation (see Influence).
The token reward mechanism mints new YUP tokens and distributes them according to influence. The protocol incentivizes users to earn and hold YUP to increase influence while rating across the web. In addition to creator/curator rewards, there are yields from providing liquidity.
Influence is the relative social capital of a user or piece of content, measured in a score out of 100. The higher your influence score, the more impactful your ratings are.
The influence metric is primairly a function of two components: age and activity. Token age measures the amount of tokens an account has and how long they’ve been held for to ensure dependable governance. Activity calculates the difference in the number of ratings and the amount of rewards received to accurately represent users' contribution to the network.If you would like to know where to buy Yup at the current rate, the top cryptocurrency exchanges for trading in Yup stock are currently Hoo, and Uniswap (V2). You can find others listed on our crypto exchanges page.
January 30, 2022
Crypto social network that rewards and empowers curators